P-FIT THE PLATINUM STANDARD OF FITNESS

Franchise Information

Analyzed filing: VA · File #47884

FDD issued: Apr 27, 2022

FDD Issued: Mar 30, 2021

Extracted: Aug 23, 2026

Verified family conflict royalty warning:sibling file=2788|sibling=6.000%|canonical=7.000% family consensus royalty tie:family=nasaa:422889:2021-03-30|values=6,7|current=7

Franchisor Details

Name: Platinum Franchising, LLC

Address: 12196 Sussex Road, Ft. Myers, FL 33913

Phone: (989) 400-8968

Website: www.realplatinumfitness.com

Franchising Since: 2020

Industry & Qualifications

Industry

Fitness & Wellness

Training

1 week

Franchise Fee

$40,000

Royalty

7.0%

Ad Fund: 1.5%

Total Investment

$156K - $370K

Initial Term

10 years

Renewable

Outlet Information

Total Outlets (2021)

Franchised

Company-Owned

Opened (Last Year)

Closed (Last Year)

-0

Churn Breakdown (Last Year)

Terminations

Non-Renewals

Ceased Ops

Transfers

Reacquired

Item 19 (Financial Performance)

Disclosed

Based on 4 company-owned Centers (affiliated Platinum Fitness, LLC) in Fort Myer...

Financial Performance (Item 19)

Avg Unit Volume (through Dec 2021)

$905,869

Median

$882,981

Highest

$1,127,148

Lowest

$730,366

Sample Size

4 units

Unit Economics

EBITDA

38.8%

Labor Cost

30.3%

COGS

7.9%

Rent/Occupancy

12.9%

Legal History

Litigation: None

Bankruptcy: None

Number	File name	Source State	Filing Date	Actions
47884	422889_Franchise__P_FIT_THE_PLATINUM_STANDARD_O_Virginia_47884.pdf Canonical 2021 analysis · verified · newest filing	VA	Apr 27, 2022 FDD issue date	Restricted
12706	422889_Franchise__P_FIT_THE_PLATINUM_STANDARD_O_Virginia_12706.pdf Alternate source copy	VA	Mar 30, 2021 FDD issue date	Restricted

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