Is this true? I often visit a worlds and it is probably my favorite gym. Will all the franchises change over too?
someone said planet fitness has bought out world gym.
now that doesn't mean that planet fitness corporate now owns ALL world gyms since they are all owned by individuals.
what it means is they have bought the world gym name and will collect dues from those gyms each month for use of the name.
someone else said the current owners of world gyms have the option to change to planet fitness really cheap or stay as a world gym if they prefer.
some of the current world gyms simply cannot change over because of the way they are setup. they couldn't reduce their price down to a planet fitness level because of their sheer size and what they offer people.
some rural world gyms are doing very well and are leaders in their markets. most are doing pretty poorly because they are getting lost in the shuffle in their markets - if they go hardcore they are dead yet they are too gritty to not be hardcore - a big dilema.
most of the smaller, struggling world gyms will become planet fitness gyms though for sure.