Franchise financing
PLANET FITNESS franchise financing
What it costs to finance a PLANET FITNESS franchise and how buyers fund it. The real numbers: how much gets borrowed, which lenders fund it, and the track record.
By Mario Bailey · Source: SBA FOIA data, as of 2026-03-31
- SBA loans
- 159
- Total funded
- $173.4M
- Median loan
- $1.0M
- 7(a) charge-off
- 0.0%
What financing a PLANET FITNESS franchise costs
The median SBA loan to a PLANET FITNESS franchisee is $1.0M, and the middle half of PLANET FITNESS's 159 loans run $473K to $1.5M (average $1.1M). Across all SBA-financed franchises the median loan is $350K. PLANET FITNESS buyers borrow more than the typical franchisee.
These are loan amounts, not the brand's total startup cost. Buyers also put in equity (the SBA generally wants at least 10% down on a new franchise), and the brand's own investment estimate is Item 7 of its franchise disclosure document (FDD). The median PLANET FITNESS loan runs 10 years. Model your numbers with the franchise financing calculator.
Of the 142 PLANET FITNESS loans where the SBA recorded a business age, 57.8% went to new businesses two years old or younger. The rest funded existing operations.
How to finance PLANET FITNESS
PLANET FITNESS franchisees have financed with 159 SBA loans since FY2010, averaging $1.1M each. Of those, 136 ran through the 7(a) program (franchise fee, build-out, equipment, and working capital) and 23 through 504 (owner-occupied real estate). Lenders weigh your credit, management experience, and the brand's track record alongside the equity you bring.
PLANET FITNESS's 7(a) charge-off rate is 0.0% across 136 loans, a relative track-record signal lenders and buyers weigh, not a guarantee. See how that compares across franchises.
Lenders that finance PLANET FITNESS
By SBA loan count
Where PLANET FITNESS gets funded
Top states by loan count
- 1. California 14
- 2. Michigan 12
- 3. Ohio 9
- 4. Massachusetts 13
- 5. New Jersey 13
- 6. Illinois 5
- 7. Florida 7
- 8. Colorado 6
Financing a PLANET FITNESS?
Get matched with the SBA lenders that actually fund businesses like yours, ranked on real loan data by state, industry, and size. Independent: your details go only to the lenders we match you to, never to data brokers.
PLANET FITNESS SBA financing FAQ
How much does a PLANET FITNESS franchise cost?
The public SBA data shows what buyers actually borrow, not a sticker price: the median SBA loan to a PLANET FITNESS franchisee is $1.0M, and the middle half of PLANET FITNESS's 159 loans run $473K to $1.5M. Total investment (including the equity you put in, generally 10% or more) is estimated in Item 7 of PLANET FITNESS's franchise disclosure document.
Can you use an SBA loan for PLANET FITNESS?
Yes. Lenders have funded 159 SBA loans to PLANET FITNESS franchisees, worth $173.4M in all, so PLANET FITNESS is regularly financed with SBA 7(a) and 504 loans.
Can a first-time owner get an SBA loan for PLANET FITNESS?
The data says yes: of PLANET FITNESS's 142 SBA loans that record a business age, 57.8% went to new businesses two years old or younger. Expect the lender to look harder at your experience, business plan, and equity injection.
Which lenders finance PLANET FITNESS?
By loan count, the most active SBA lenders for PLANET FITNESS are Wells Fargo Bank National Association, U.S. Bank, National Association, TD Bank, National Association, among others. A lender already active with your brand often moves faster.
What is PLANET FITNESS's SBA charge-off rate?
Across PLANET FITNESS's 136 SBA 7(a) loans, 0.0% have charged off. Read it as a relative track-record signal, not a prediction. It is not a lifetime default rate.
Which SBA program fits PLANET FITNESS?
Both. Of PLANET FITNESS's 159 SBA loans, 136 were 7(a) (franchise fee, build-out, equipment, working capital) and 23 were 504 (owner-occupied real estate). The median PLANET FITNESS loan term is 10 years.