Who cars about Planet Fitness. They will be out of business within 5 years filing for bankruptcy.
These dudes won't go broke because they don't own the gyms they only sell the name and business plan to people who want to open or already own a gym.
People pay $25,000 upfront to become a planet fitness and a cut each month of their revenues. Obviously any individual planet fitness can/will go broke the same as many golds/world have gone bust over the years.
The 3 guys that own the planet fitness name also own 6 of the gyms themselves in NH that do very well I heard (NH is prime fatty country lets face it...).
The same with yates and his temple gyms. he only owns the orginal temple gym not any of the ones that will be opening up. what he sells them is the brand "temple gym" which he made famous and some marketing programs etc which are nothing special.
Ballys will probably go broke soon though because the company owns all the gyms themselves and they have been losing money for ages...