FDD ITEM 20 · FISCAL 2015–2025
Planet Fitness Item 20: outlets, exits & growth
In its latest FDD Item 20 (fiscal 2025, from the 2026 FDD), Planet Fitness reported 2,432 franchised outlets at year end. 7 of 2,298 franchised outlets open at the start of the year left the system (exit rate 0.3%, fiscal 2025), while 141 new outlets opened. Systemwide units moved +10.3% over 2023–2025.
| Status (FTC) | 2015 | 2016 | 2017 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Outlets at start | 918 | 1,124 | 1,313 | 2,314 | 2,455 | 2,568 |
| Opened | 206 | 195 | 207 | 123 | 100 | 141 |
| Transfers | 23 | 133 | 228 | 100 | 270 | 71 |
| Terminations | 0 | 1 | 1 | 0 | 0 | 7 |
| Non-renewals | 0 | 2 | 1 | 0 | 1 | 0 |
| Reacquired by franchisor | 0 | 0 | 0 | 4 | 0 | 0 |
| Ceased — other reasons | 3 | 3 | 4 | 0 | 2 | 0 |
| Outlets at end | 1,124 | 1,313 | 1,518 | 2,455 | 2,568 | 2,709 |
| Net change | +206 | +189 | +205 | +141 | +113 | +141 |
7 terminations + 0 non-renewals + 0 ceased (other) = 7 exits ÷ 2,298 at start = 0.3%
These are the three FTC Item 20 statuses in which a franchised outlet left the system — including voluntary non-renewals and outlets that ceased for other reasons, which can include sales or absorption into another franchise. Transfers (71) are resales, not exits; reacquisitions by the franchisor (0) are tracked separately. There is no official “failure rate”, and not every exit is a closure or a failure; Item 20 does not say why any outlet left. On a small starting base, a single exit moves this rate sharply.
| State | Franchised | Company-owned |
|---|---|---|
| CA | 225 | 0 |
| TX | 221 | — |
| PA | 119 | 23 |
| OH | 117 | — |
| NY | 110 | 42 |
| IL | 107 | — |
| FL | 105 | 68 |
| MI | 98 | — |
| MA | 88 | 4 |
| NC | 76 | 17 |
| GA | 75 | 25 |
| NJ | 71 | 17 |
| IN | 67 | — |
| VA | 67 | — |
| TN | 60 | — |
| AZ | 58 | — |
| WA | 53 | — |
| MD | 52 | — |
| WI | 46 | — |
| CO | 42 | 0 |
| KY | 42 | — |
| MO | 40 | — |
| CT | 39 | — |
| LA | 38 | — |
| MN | 37 | — |
| AL | 34 | 6 |
| OR | 30 | — |
| MS | 26 | — |
| OK | 25 | — |
| NV | 24 | — |
| AR | 21 | — |
| IA | 21 | — |
| PR | 20 | — |
| RI | 19 | — |
| KS | 18 | — |
| NM | 18 | — |
| SC | 18 | 39 |
| NE | 15 | — |
| UT | 14 | — |
| WV | 12 | — |
| DE | 8 | 5 |
| ID | 8 | — |
| HI | 7 | — |
| ME | 7 | 6 |
| AK | 6 | — |
| MT | 6 | — |
| ND | 5 | — |
| SD | 4 | — |
| VT | 4 | 2 |
| WY | 4 | — |
| DC | 3 | — |
| NH | 2 | 23 |
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