No. 732 Planet Fitness Dover, NH
What it does: It is a low-price/high-value health club chain with more than 230 franchised clubs in 29 states and 320 more locations in development. Why it's growing: Planet Fitness' explosive growth is due to a unique business model that has drawn comparisons to that of Southwest Airlines. Its cost structure is very low--eliminating under-utilized extras while providing stylish facilities and great equipment. What's noteworthy: The company has branded its clubs "the judgement-free zone". Its core customers are first-time and occasional gym users who can relax without the intimidating atmosphere so common in some other clubs.
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