Quick Answer: How Much Does Chris Rondeau Make?

Why is Planet Fitness so successful?

“Planet Fitness is exceptionally competitive because of its national footprint and growing awareness of its different approach to the market aimed at non-gymgoers,” Cowen & Co.

“It’s a business model that’s revolutionized fitness because of the attractiveness of this model to a wide market and low price..

What gym has the most locations nationwide?

Anytime FitnessAnytime Fitness: This is my top pick for gym chains for travelers. You’ll have access to more than 3,000 locations worldwide, more than any other chain.

Is Planet Fitness really $10 a month?

Well, the $10 monthly memberships are definitely for real, though there are a few things to be aware of before you sign up. Here’s what you’ll pay to join a Planet Fitness gym. $10 a month gets you a Classic membership. At some locations, this option is no-commitment, meaning you can cancel at any time.

Is owning a gym a good business?

Gym ownership doesn’t normally come with a fixed salary. Your earnings are dependent on your profit, how many hours you’re willing to put in to keep staffing costs down and how much cash you want to reinvest in your business. The good news is, if you run a profitable gym, your salary is really up to you.

How much is Chris Rondeau worth?

The estimated Net Worth of Christopher Rondeau is at least $235 Million dollars as of 12 March 2020.

Who is Chris Rondeau?

Chris Rondeau has served as the Chief Executive Officer of Planet Fitness since January 2013. He previously served as the Chief Operating Officer since 2003. … Rondeau joined Planet Fitness in1993, one year after the original founders, Michael and Marc Grondahl, started the Company in 1992.

What is Planet Fitness net worth?

Net income attributable to Planet Fitness, Inc. was $117.7 million, or $1.41 per diluted share, compared to $88.0 million, or $1.00 per diluted share, in the prior year. Net income was $135.4 million, compared to $103.2 million in the prior year.

How much did Planet Fitness sell for?

The total sale was $23.1 million. Planet Fitness Inc is a franchisor and operator of fitness centers in the United States.

Is owning a Planet Fitness profitable?

As of 2017, Planet Fitness holds approximately 10.5 million gym members, most of whom have never owned any gym membership in the past. Not to mention that the franchise’s total revenue was found to be $91.1 million, a nearly 10 percent increase from the previous year. The upwards trend has only continued in 2018.

Who is the owner of Planet Fitness?

Chris Rondeau (Jan 2013–)Planet Fitness/CEO

Who is the CEO of Planet Fitness?

Chris Rondeau (Jan 2013–)Planet Fitness/CEOChris Rondeau Chief Executive Officer Chris Rondeau has served as our Chief Executive Officer since January 2013. He previously served as our Chief Operating Officer since 2003. Mr. Rondeau joined Planet Fitness in 1993, one year after our original founders, Michael and Marc Grondahl, started the Company in 1992.

What is the cheapest gym to join?

Five most affordable gym membershipsPlanet Fitness. Planet Fitness advertises itself as a gym for people who don’t like gyms, with ads referring to every Planet Fitness location as a “Judgement Free Zone.” … Cardinal Fitness. … Your Local YMCA. … Gold’s Gym. … LA Fitness.