Sell your Planet Fitness property.
A direct, all-cash buyer for your single-tenant Planet Fitness.
Planet Fitness is the dominant value-gym brand, and its real estate has a quietly attractive quality: affordable fitness tends to grow when money is tight, so these locations can be counter-cyclical. Memberships are sticky, and the mid-box format re-tenants more flexibly than most buyers assume.
We buy Planet Fitness directly. One thing we read carefully is who is actually on the lease — corporate versus a large franchisee group — because it drives the credit and the value.
What a Planet Fitness property is priced on
Who guarantees the lease
Planet Fitness sites are often run by large franchisee groups rather than corporate. The strength of that guarantor is a big part of the value, and we read it closely.
Counter-cyclical demand
Value fitness often grows in a downturn, which makes the income unusually durable.
Sticky membership base
A gym with a strong, established membership is far more likely to renew — real value a knowledgeable buyer can underwrite.
Flexible mid-box real estate
The format re-tenants more easily than a special-purpose building, which backs up your value.
A direct, all-cash buyer since 2016 — you deal with the principals, and we close on our own capital.
Selling your Planet Fitness
Does a franchisee lease (not corporate) hurt my Planet Fitness value?
It is a factor, not a dealbreaker. A large, well-capitalized franchisee can still be strong credit. We read the guarantor carefully and price it fairly, where some buyers just screen it out.
What is my Planet Fitness worth?
It is priced on the income divided by a cap rate, driven by the guarantor, the term, and the real estate. Send us the lease and we will give you a real number in a few days.
How fast can you close?
About 30 to 45 days for a clean deal. All-cash, no financing contingency.
Tell us about it.
Send us the basics on your lease — tenant, location, current rent, and years remaining — and we'll get you an offer, usually within a few days.
New to this? Start with how to sell a net-lease property or what your property is worth.