Financial Analysis for Planet Fitness Assignment

Financial Analysis for major planet Fitness - Assignment Examplees identified under after 42 in the 25th, 50th and 75th percentile in relation to the total annual turnover ranked Clubs were classified by the gross annual revenues in the order from lowest to highest(IBIS World, 2015).Also excluded argon the data for enterprise clubs Planet Fitness which is holding as outliers, that is, both the position of the worst performing companies (with a gross annual income of 471,219.05 $) and the Club of the most powerful (with an annual gross income of $ 3,649,651.37) (IBIS World, 2015). Especially achieved in terms of gross annual income of the best performing sector, the caller does not believe that these results argon typical of a Planet Fitness business (Hoovers Inc, 2015). social rank Sales - EFT / Cash $ 1,189,094. The main source of income Planet Fitness club membership fees (IBIS World, 2015). Membership fees are usually paid in cash or by electronic funds transfer (EFT), and are us ually paid monthly. A fitness center is also an additional profit obtained through an annual membership fee and annual maintenance fees.Membership shall remain constant, while the other offered periodically throughout the year. The Black Card is the permanent membership package. It is a 12-month contract The Black Card is offered at $ 19.99 / month with an annual fee of $ 39 paid once a year requires June with the Black Card is free tanning included, drinks half price, free rub down chair use access to another club Planet Fitness and the ability to host a free to bring his clubhouse (IBIS World, 2015).Advertising packages are offered at different times of the year and a franchisee is able to adapt the package to their club based on the benefits that come with the package (Taylor, 2014). Retail $ 9.773. impart beverage sales, tanning lotions and glasses, Planet Fitness, clothing and helmet. Planet Fitness Photo of interior LiconTotal Income $ 1,198,867 (Hoovers Inc, 2015). Of the 4 2 corporate locations (1) 31 business websites (or