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167. Snap Fitness

Investment Range: $149,771 - $462,800

Initial Franchise Fee: $29,500

Category: Personal Services

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Company Description

Snap Fitness is a privately owned and operated health and fitness club that was founded in 2003 in Chanhassen, Minnesota. The company has locations throughout the U.S., along with units in a variety of countries including Canada, India and New Zealand. Most of its locations are open 24/7.

The fitness chain emphasizes a flexible membership, with no binding contracts or agreements.

Snap Fitness also markets itself as a “no frills” business model; its locations do not include pools, tennis courts or locker rooms.

Company Statistics

Global Sales: $457,000,000

US Units: 899

International Units: 467

Total Units: 1,366

Percent Franchised: 97%

% International Units: 34%

US Franchised Units: 880

International Franchised Units: 446

Sales Growth %: 0.7%

Unit Growth %: -2.5%

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