About P-FIT THE PLATINUM STANDARD OF FITNESS Franchise
P Fit is a fitness franchise operated by Platinum Franchising, LLC, offering gym and fitness center franchise opportunities under the tagline "The Platinum Standard of Fitness." The brand provides a comprehensive fitness experience designed to serve members at various fitness levels, from beginners to experienced athletes.
The franchise fee ranges from $8,000 to $40,000.
Each P Fit location offers a range of fitness equipment, training options, and membership plans designed to create an inclusive, motivating workout environment.
P-FIT THE PLATINUM STANDARD OF FITNESS Franchise Cost & Fees
| Fee Type | Amount | Notes |
|---|---|---|
| Initial Franchise Fee | $8,000 to $40,000 | One-time payment upon signing |
| Royalty Fee | 6% of Gross Revenue of gross sales | Ongoing; paid monthly |
| Marketing/Ad Fund | 1.5% of Gross Revenues, once established | National brand fund |
| Total Investment Range | $175,500 – $410,000 | Includes build-out, inventory, working capital |
The investment range of $176K–$410K reflects variability in build-out costs, store size, lease terms, and market. The combined royalty (6% of Gross Revenue) and marketing fee (1.5% of Gross Revenues, once established) are ongoing costs paid as a percentage of gross sales.
Investment Breakdown (Item 7)
| Item | Low | High |
|---|---|---|
| Initial Franchise Fee (1) | $40,000 | $40,000 |
| Travel and Living Expenses for Training (2) | $2,000 | $10,000 |
| Rent and Lease Deposit (3) | $7,000 | $15,000 |
| Construction or Remodeling of Leasehold Costs (4) | $25,000 | $84,000 |
| Furniture, Fixtures, Gym Equipment, Office Equipment (5) | $50,000 | $110,000 |
| Computer & Technology | $5,000 | $20,000 |
| Initial Inventory (6) | $5,000 | $20,000 |
| Plans, Permits, and Licenses (7) | $3,000 | $15,000 |
| Signage | $3,000 | $15,000 |
| Grand Opening (8) | $1,500 | $5,000 |
| Opening Assistance Team Training (9) | $2,000 | $2,000 |
| Insurance, Miscellaneous Deposits and Prepaid Expenses (10) | $2,000 | $4,000 |
| Additional Funds – Three Months (11) | $10,000 | $30,000 |
| TOTAL (12) | $155,500 | $370,000 |
Additional Fees (Item 6)
| Fee Type | Amount |
|---|---|
| Transfer Fee | 25% of then current Initial Fee |
| Renewal Fee | 25% of then current Initial Fee |
| Technology Fee | $20,000 |
| Opening Assistance Team Training | $2,000 |
| Local Marketing | $3,000 |
| CRM Fee | $120 |
| Supplier Approval Fee | $300 |
| Initial Training Fee for Additional Attendees | $2,000 |
| On-Site Consultation and Additional Training | $1,000 |
| Late Payment Fees | $275 |
| Travel and Living Expenses for Training (2) | $2,000 |
| Rent and Lease Deposit (3) | $7,000 |
| Construction or Remodeling of Leasehold Costs (4) | $25,000 |
| Furniture, Fixtures, Gym Equipment, Office Equipment (5) | $50,000 |
| Initial Inventory (6) | $5,000 |
| Plans, Permits, and Licenses (7) | $3,000 |
| Signage | $3,000 |
| Grand Opening (8) | $1,500 |
Territory Rights (Item 12)
| Detail | Information |
|---|---|
| Territory Type | exclusive |
Renewal, Termination & Transfer (Item 17)
| Detail | Information |
|---|---|
| Initial Term | 10 years |
| Renewal Term | Conditions include 6-12 months’ notice, no defaults during last 12 months, material and timely compliance with Franchise and other agreements during expiring term, satisfied all monetary obligations o |
| Termination for Cause | We can terminate only if You default. |
Financing (Item 10)
| Detail | Information |
|---|---|
| Financing Available | No |
| Description | Does not offer financing. |
P-FIT THE PLATINUM STANDARD OF FITNESS Franchise Earnings — Item 19
P-FIT THE PLATINUM STANDARD OF FITNESS does not include an Item 19 financial performance representation in their FDD. Contact information for current and former franchisees is listed in Item 20 of the FDD.
P-FIT THE PLATINUM STANDARD OF FITNESS Litigation & Risk Flags
Litigation and bankruptcy data is sourced from Items 3 and 4 of the FDD. Always verify current status directly from the most recent FDD.
P-FIT THE PLATINUM STANDARD OF FITNESS System Growth
P-FIT THE PLATINUM STANDARD OF FITNESS currently operates 0 franchised locations and 0 company-owned units. Unit count data is sourced from Item 20 of the FDD.
Unit History (Item 20)
| Year | Opened | Closed | Total |
|---|---|---|---|
| 2018 | 0 | 0 | |
| 2019 | 0 | 0 | |
| 2020 | 0 | 0 |
P-FIT THE PLATINUM STANDARD OF FITNESS Franchise — FAQ
Similar Health & Fitness Franchises
Interested in P-FIT THE PLATINUM STANDARD OF FITNESS?
Get free info on this franchise. We will send you a detailed FDD report by email.