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Planet Fitness, Inc., through its subsidiaries, franchises and operates fitness centers. It operates through three segments: Franchise, Corporate-Owned Stores, and Equipment. The Franchise segment is involved in franchising business in the United States, Puerto Rico, Canada, and the Dominican Republic. The Corporate-Owned Stores segment operates corporate-owned stores in the United States and Canada. The Equipment segment engages sells fitness equipment to franchisee-owned stores. As of December 31, 2016, the company had 1,313 owned and franchised locations in 48 states, the District of Columbia, Puerto Rico, the Dominican Republic, and Canada. Planet Fitness, Inc. was founded in 1992 and is headquartered in Newington, New Hampshire.
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