Who is Michael Grondahl?
While fast becoming a national brand name today, when Michael and Marc Grondahl opened their first Planet Fitness location in Dover in 1992, Michael had what he called “an unfathomable” dream of perhaps growing to 100 franchises.
Who are the owners of Planet Fitness?
Chris Rondeau Chief Executive Officer Mr. Rondeau joined Planet Fitness in 1993, working the front desk at the very first location in Dover, NH, one year after the original founders, Michael and Marc Grondahl, started the Company in 1992. Today the brand has over 2,000 locations system-wide.
Who invented Planet Fitness?
Michael Grondahl
Marc Grondahl
Planet Fitness/Founders
What is Planet Fitness net worth?
How much a company is worth is typically represented by its market capitalization, or the current stock price multiplied by the number of shares outstanding. Planet Fitness net worth as of June 17, 2022 is $5.6B. Planet Fitness is one of the leading franchisors and operators of fitness centers in the United States.
Who is the CEO of Planet Fitness?
Chris Rondeau (Jan 2013–)Planet Fitness / CEO
How much does Chris Rondeau make?
He’s a multi-millionaire. As expected of the CEO of one of America’s biggest gym franchises, Rondeau is sitting on a very handsome net worth. According to Wallmine.com, his current fortune is somewhere in the vicinity of $168 million.
How much does Chris Rondeau make a year?
What is the salary of Christopher Rondeau? As the Chief Executive Officer and Director of Planet Fitness Inc, the total compensation of Christopher Rondeau at Planet Fitness Inc is $4,436,830.
How much is the CEO of Planet Fitness worth?
The estimated Net Worth of Christopher Rondeau is at least $253 Million dollars as of 12 March 2020. Mr. Rondeau owns over 20,000 units of Planet Fitness Inc stock worth over $4,892,837 and over the last 6 years he sold PLNT stock worth over $243,446,345.
How much money do Planet Fitness owners make?
How Much Do Planet Fitness Franchise Owners Make?
| FRANCHISED ONLY | 2019 | |
|---|---|---|
| BOTTOM THIRD | MIDDLE THIRD | |
| Average Annual EFT Revenue* | $1,174 | $1,741 |
| Median Annual EFT Revenue* | $1,219 | $1,731 |
| High Annual EFT Revenue* | $1,511 | $1,999 |
What did Planet Fitness sell for?
$800 million
Planet Fitness Inc., Hampton, New Hampshire, is acquiring Sunshine Fitness Growth Holdings LLC, which owns 114 locations in the Southeast United States, the company announced. The acquisition, which is expected to close this quarter, is a cash and stock transaction valued at $800 million.
What is the cost of a Chick-fil-A franchise?
Chick-fil-A has a distinct franchise business model. The franchise fee to join Chick-fil-A is a very accessible $10,000. Chick-fil-A corporation will pay for land, construction and equipment for a restaurant, then rent it to the franchisee for 15% of sales plus 50% of pretax profit remaining.
How much does a Dunkin Donuts owner make?
Dunkin’ Donuts Franchise Owners earn $124,000 annually, or $60 per hour, which is 70% higher than the national average for all Franchise Owners at $60,000 annually and 61% higher than the national salary average for all working Americans.