Snap Fitness

Description

SNAP FITNESS, Head-Quartered in Chanhassen, MN, has developed a unique health club concept that has taken most of the overhead and cost structure out of the business and has given customers what they want: Quality, Value, and Convenience. With over 1000 clubs open in markets throughout the Midwest and beyond they are changing the way Americans exercise.

Their modern facilities are compact in stature (2,500 -3,000 sq. ft.) but are loaded with state-of-the-art exercise equipment without the overhead of a “big box” health club. By going further into neighborhoods where the full service clubs can’t go, they are capitalizing on an underserved market.

Clubs are available to members 24-7 through an elaborate key-card and security system, making them safe and convenient. Their track record of success has substantiated that people will forgo the expense of a full-service health club in favor of an affordable, convenient alternative.

Investment Highlights:

  • Absentee Ownership or Owner Operators
  • Keep the security of your Full-Time job
  • Open Multiple Units-
  • Limited Time Commitment
  • Few Employees
  • State of the Art Equipment
  • Low Investment Level
  • Rapid Breakeven
  • Tremendous Demand
  • Highly Profitable Clubs
  • 24-7 Key-Card Access
  • Safe & Secure
  • Affordable
  • No Contracts to sign

Background

Year Established: 2003
Year First Franchised: 2004
Franchised Units: 100+
Actual number of units: 1000
Company Owned Units: 75+ Approximately
Projected New Units (12 months): 200

States referrals are accepted in:

  • Alabama
  • Alaska
  • Arizona
  • Arkansas
  • California
  • Colorado
  • Connecticut
  • Delaware
  • Florida
  • Georgia
  • Hawaii
  • Idaho
  • Illinois
  • Indiana
  • Iowa
  • Kansas
  • Kentucky
  • Louisiana
  • Maine
  • Maryland
  • Massachusetts
  • Michigan
  • Minnesota
  • Mississippi
  • Missouri
  • Montana
  • Nebraska
  • Nevada
  • New Hampshire
  • New Jersey
  • New Mexico
  • New York
  • North Carolina
  • North Dakota
  • Ohio
  • Oklahoma
  • Oregon
  • Pennsylvania
  • Rhode Island
  • South Carolina
  • South Dakota
  • Tennessee
  • Texas
  • Utah
  • Vermont
  • Virginia
  • Washington
  • West Virginia
  • Wisconsin
  • Wyoming

Avail. in Canada: Masters/Area Developer: Yes

Notes:

Availability of Area Developer or Master Opportunities in Canada: Yes, possibly - check with corporate for availability

 

Financial / Terms

Cash Investment: $75,000
Minimum Investment: $108,240
Minimum Net Worth: $350,000
Franchise Fee: $19,500

Discounts:

  • Vet Fran

Royalty: $489/month
Ad: $125/month
Average # of Employees: Varies
Passive Ownership Allowed: Yes
Earnings Claims: Yes

Notes:

Total Investment: $275,000 (average)
Franchise Fee: $19,500 - Single / $45,000 - 3 Pack (Market Accelerator Program)
Discounts Available: VetFran ($5,000 off the Franchise Fee)

 

Franchise Sales

Single Unit: Yes
Multiple Units: Yes
Area/Master Developer: No
Resales: No

 

International Expansion

International Expansion Opportunities: Yes
Developing outside of the U.S.: Contact Corporate - Most will be considered
Single Unit Availability Outside U.S.: Yes
Multiple Unit Availability Outside U.S.: Yes
Area Development or Master Avail.: Yes
Cash Investment: Inquire with Corporate
Total Investment: Inquire with Corporate

 

Support & Training Provided

Financial Assistance Provided:Yes
Site Selection Assistance: Yes
Lease Negotiation Assistance: Yes
Co-operative Advertising: No

Notes:

Training and Support:

We create a means to get quality equipment, build out the club, install door access and security systems, engage customer management systems, and then create vast marketing and member tools to create distinction and improve retention by engaging the brand. We provide the franchisee with a personal franchise account manager, in-depth initial training (4 day Snap University), an annual convention and local road shows packed with info on everything from membership and PT sales to new marketing drives and retention techniques. We hold weekly webinars and provide access to more tools than any franchisee will ever be able to use.

 

Get Started!

Freddy O'Pry

Franchise Development

281-342-7474