Planet Fitness Announces Expansion into All 50 States with First Location in Hawaii; Headquarters Acquires 6 Franchise Stores in Long Island
Posted: January 4, 2018 in Chains
Planet Fitness
HAMPTON, N.H. – Planet Fitness, Inc. (NYSE: PLNT), one of the largest and fastest-growing franchisors and operators of fitness centers in the U.S., has expanded its footprint to all 50 states with the opening of its first club in Hawaii. The first Judgement Free Zone in Hawaii is now open and located at the Ala Moana Center in Honolulu.
Planet Fitness also announced today that it reached its 1,500th location with the opening of its club in Durham, North Carolina on December 28, one of several clubs to open the last week of December ahead of the New Year. The Company has over 10.5 million members and also recently announced its expansion into Panama, with existing international locations in Canada and the Dominican Republic.
“Entering our 50th state is a testament to the strength and broad appeal of our brand nationwide,” said Chris Rondeau, chief executive officer of Planet Fitness. “We are also thrilled to have opened our 1,500th location system-wide and look forward to executing on the long runway for growth ahead of us with a potential footprint of 4,000 stores across the United States alone*. 2017 was another milestone year for our business and we are well positioned to capitalize on the many opportunities that lie ahead.”
To celebrate the New Year, now through January 10, new members can join any Planet Fitness location nationwide for only $1 down and then $10 a month. To find a Planet Fitness club or learn more about the Judgement Free Zoneā¢, please visit PlanetFitness.com.
*Based on internal and third-party analysis.