Snap Fitness Franchise Information
Snap fitness inc is a fitness company that offers value added fitness services 24/7. It was founded in 2003 by Peter Tauton in Minneapolis. It started with an annual revenue of $150,000 USD and had grown in size to $34million USD by 2008.
Snap fitness has grown vastly over the years and it’s considered one of the world’s fastest growing franchises.
Currently snap fitness has over 1,000 locations world wide and is working towards doubling its locations by the end of 2010.
Snap fitness started operating franchises in 2004. In 2009 snap fitness was ranked no 1 in the fitness franchise category, in addition to that the fitness industry has shown tremendous growth; over the last 20 years the number of people joining fitness clubs has doubled due to the rising awareness of health and fitness issues in today’s society.
The snap fitness franchise enables its franchisee to offer their customers convenient, fast and affordable workouts in a state-of-the-art fitness center close their homes, and with member lenient policies which allows them to pay month to month and to freeze their memberships for 3 months annually, it is these policies that enable snap fitness to “stand out from the crowd”.
Snap fitness is looking for franchisees in different areas in the USA as well as world wide, especially in Asia, Australia, New Zealand, Europe, Mexico, and the Middle East.
Cost of the Snap fitness franchise franchise
Snap fitness franchise cost $15,000 USD. An estimated $77,000-272,000 USD is needed for the total investment for the business. A franchisee will be required to pay an ongoing royalty fee of $449 USD, this is in contrast with many other franchisors who charge you a fee that is dependent upon earnings. The term of agreement is five years and can be renewed.
Assistance and support for a Snap fitness franchise
Snap fitness is all about helping you make the right decisions so that you become successful fast, it’s with that in mind that our policies guide you all the way from the moment you purchase the franchise.
Provide financial assistance.
Help you select a location for the business.
Help with designing and the constructions of your health centre.
Help you to design plans to increase sales and retain customers.
Provide training at our corporate headquarters.
Provide continuous operational and marketing support.
Contact Information and further details
For more information on the financial support and other queries you might have, fill in the information request form http://www.snapfitness.com/Corporate/franchise-opportunities, and they will send you an introductory kit, including the FDD (Franchise Disclosure Document). Their sales consultant will then call you to answer any further questions you may have.
Snap fitness franchise address:
2411 Galpin Ct., Suite 110
Chanhassen, MN 55317