• @chiliedogg
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    35 days ago

    They make the vast majority of their money from memberships that aren’t used.

    • @ChickenLadyLovesLife
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      English
      14 days ago

      I read a while back that the average Planet Fitness has 6,000 members. If you assume half are paying the minimum $10 and the other the “black card” $25, that means average revenue is around $1.5 million a year (counting annual fees). But it’s pretty obvious there’s no way any gym could accommodate 6,000 daily users.