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Snap Fitness
Do you need to get your future into shape? Snap to it with this franchise opportunity. Snap Fitness-24-7 offers cardio and exercise equipment in facilities that are open 24/7. In the company’s words to potential customers/members, “Use your personal keycard for instant access to a safe, clean, comfortable facility packed with state-of-the-art exercise equipment and value-added services you'd never expect from a club our size.” Franchisees have access to a coaching program to support sales and revenue growth; webinars on sales, operational, and customer service issues; and a password-protected portal with best practices and management tools. Assistance is also provided for financing, build-out, operations and marketing/sales.
2010 AllStar Rank: 23
2009 AllStar Rank: 45
Full Disclosure Award
This company gets a nod for disclosing financial performance representations in Item 19 of its Franchise Disclosure Document (FDD). For an explanation of why this is important, read The Importance of Item 19 in the Franchise Disclosure Document.
Fast Facts
| Year established | 2003 |
| Franchising since | 2004 |
| Can be run from home? | No |
| Number of employees needed | 1 - 2 |
| Item 19 Financial Performance Representation? | Yes |
| Multiple units must be purchased in U.S. | No |
| Multiple units must be purchased outside U.S. | No |
| Absentee ownership allowed? | Yes |
Franchise Unit Growth Rate
| Year | U.S. Franchises |
Non-U.S. Franchises |
Company-Owned Locations |
| 2011 | 1,054 | 132 | 41 |
| 2010 | 1,015 | 115 | 32 |
| 2009 | 963 | 55 | 18 |
Expanding in These Locations
| Total Investment | $76,113 - $361,695 |
| Franchise Fee | $15,000 |
| Royalty Fee | $449 per month |
| Net Worth | $250,000+ |
| Liquid Capital | $75,000+ |
| Does franchisor offer financing? | Yes |
| Is franchisor on the SBA's Franchise Registry? | Yes |
| Is franchisor a member of the IFA's VetFran program? | Yes |
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