After the Thursday market debut of Planet Fitness, there are actually two publicly traded health operators within the U.S. A third, SoulCycle, is because of IPO some time later this year. I simply obtained to know that my membership was mechanically renewed after I moved from TN to California and because of this I was charged throughout 15 months with out even going to the health club. So I would suggest to others, in case you are contemplating becoming a member of Planet Fitness, to suppose twice before they enroll. It could also be safer to go elsewhere! Having owned a pool I can say that when you really like swimming that may be a great reason for a gym membership. If it is an excessive amount of money for you, you can have your individual dwelling gym right in entrance of you to stick with these health ideas. And most health centers can have a heated pool or two to get a year-lengthy dosage of hydrotherapy to stay in form. The manager said he won’t be refunding me nothing because that they had not document of me coming in to cancel.
Planet health has by no means complained and its members pay attention to the judgement free zone rule by no means taking a look at me bizarre because of my apparel. If you join group fitness courses, perhaps you’ll find somebody there who would share your objectives with you.
The thirteen.5 million shares supplied at IPO only have a 14% voting curiosity and 38% economic curiosity within the business operations of Planet Fitness. Here is his / our story of the abuse, avoidance, dangerous, attitudes, rigid of Planet Fitness employees during the last 8 months. I actually have no firsthand expertise with this, but I even have heard from others that cancelling a membership at PF can be a problem. I returned his name but I haven’t heard from him or anyone from Planet Fitness since then.
Planet Fitness has also offered an nearly impossibly low membership charge, making the health club economically accessible to nearly anybody. Like I mentioned before, Planet Fitness was my solely option after I moved, so my alternative was to either lose all of my muscle, or exercise at Planet Fitness. If you are considering of becoming a member of a gym, you are doubtless contemplating Planet Fitness, which is without doubt one of the largest national chains within the nation. Most health people may have the utmost respect for anyone who comes in and is actually TRYING. After wanting at the from all three views, not solely did I decide Planet Fitness (NYSE: PLNT ) to be a poor investment, but I additionally found myself ethically, not capable of supporting it. Apart from discouraging weightlifters or hardcore fitness center users”, Planet Fitness’ offering shouldn’t be especially enticing in any method, except maybe price.
Simply put, Planet Fitness’s advertising messages and actions alone (free pizza, bagels and sweet, together with judgment against anyone who desires to push themselves to attain their fitness targets), is enough to make me cross on being a customer, a franchisee or an investor.