Planet Fitness is an American fitness franchise that features exercise equipment and dedicated fitness instructors there to help their members, catering to beginners and casual gym goers. Planet Fitness operates 1000 club locations in America and services an estimated 6 million members throughout 48 states, all while being recognized on the Inc. 500 list. Founded in 1992, Planet Fitness focused on employing a low-cost business model that helped casual or first-time gym members which were mutually beneficial. By 2014 Planet Fitness was able to open their first international location based in Toronto, Canada. Of its 1,000 clubs, 53 are corporate owned.