Health club operator Planet Fitness has been named to Inc. magazine’s annual list of the 5,000 fastest-growing private companies in the United States. Planet Fitness finished 732nd overall. The Inc. 5,000 list ranks business according to revenue growth in the four previous years. From 2004 to 2007, Planet Fitness’s annual revenues leaped from $8.4 million to $48.5 million - an increase of 472 percent.

With 230 health clubs in 29 states, and 410 more in development, Planet Fitness is a low-cost/high-value gym operator. As recently as 2003, the company consisted of a handful of clubs in its home state of New Hampshire. But when Planet Fitness began franchising in 2003, it triggered a rapid national expansion.

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