Planet Fitness, one of biggest names in the gym and fitness franchising space, today announced that it has been recognized as the highest-ranking fitness franchise in the 2026 Franchise Times Top 400. The brand claimed spot No. 22 in the rankings, marking Planet Fitness’ third straight year in the top 25.
“Being recognized on the Franchise Times Top 400 again underscores the strength of our franchise system and the dedication of our team members and franchisees,” said Colleen Keating, Chief Executive Officer of Planet Fitness. “For decades, our franchisees have been instrumental in bringing our Judgement Free, high-value fitness experience to life in their communities. Their passion, operational excellence, and unwavering focus on our members continue to fuel our brand.
We are proud to celebrate this recognition alongside them and remain committed to supporting their long-term success as we continue expanding access to affordable fitness.”
Planet Fitness was founded in Dover, New Hampshire in 1992 and has been franchising since 2003. Over the last twenty-plus years, the brand has grown to more than 2,900 locations, with roughly 95% of its clubs located in the U.S. and presences in Canada, Panama, Mexico, Australia, and Spain. More than 90% of Planet Fitness’ gyms are owned and operated by franchisees, and that network of fitness centers boasts a combined membership of more than 21.5 million people worldwide.
As Keating suggests, Planet Fitness’ distinct brand is centered on its core values of passion, excellence, respect, transparency, and integrity. The fitness franchise is known for fostering a “judgement free zone” where members are invited to pursue their individualized fitness goals in a welcoming environment that’s about inclusion and personal growth.
Franchise Times’ Top 400 rankings are the result of a five-month assessment process carried out between the spring and fall of each year. The research team bases their decisions on a variety of factors, including company submissions, FDD reviews, SEC filings, independent research and validation of business data, and more. This year, the top five spots on the list were claimed by McDonald’s, 7-Eleven, KFC, Burger King, and Chick-fil-A. The second highest-ranking fitness franchise this year was Anytime Fitness, which reached the No. 42 position on the list.
As Planet Fitness continues to grow its reputation as the franchising space’s leading fitness center opportunity, the brand is still seeking additional qualified franchisees in the U.S. as well as internationally.
This story was originally published by David Gibb in Franchise Magazine USA on October 19, 2026. Burnaze summarizes and links to the original reporting.
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