Snap Fitness is a privately owned and operated health and fitness club founded in 2003 by Peter Taunton. Headquartered in Chanhassen, Minnesota, the company specializes in smaller fitness gyms than its big box competitors, such as Bally Total Fitness, with a "no frills" business model that does not include pools, tennis courts, or locker rooms.
Snap Fitness operates through franchising. Most of its at least 1,500 locations are open 24/7, with many locations staffed during the day, and with personal training services available. The chain operates in 48 of the United States, plus Canada, Mexico, India, United Kingdom, New Zealand, Australia and The Netherlands.
Snap has the franchise fee of up to $29,500, with total initial investment range of $148,771 to $462,800.
Initial investments: $148,771 - $462,800
Net-worth Requirement: $250,000
Liquid Cash Requirement: $75,000
Initial Franchise Fee: $29,500
Ongoing Royalty Fee: $529/mo.
Ad Royalty Fee: $145/mo.
On-The-Job Training: Ongoing
Classroom Training: 30 hours
Absentee Ownership Allowed
Number of Employees Required to Run: 1
Snap Fitness Franchise Info: https://www.snapfitness.com
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