• Franchise Fee:$40,000
• Total Investment Range:
$200,000
• Required Cash liquidity:
$100,000
• Net Worth:
$350,000
Financing Assistance:
•No
Training and Support:
•Yes
Franchise Description
SNAP FITNESS, Head Quartered in Minneapolis, MN, has developed a unique health club concept that has taken most of the overhead and cost structure out of the traditional business model and has given customers what they want: Quality, Value, and Convenience. With over 750 clubs open in markets throughout North America, Snap Fitness is changing the way people exercise!
Their modern facilities are compact in stature (2,500 sq. ft.) but are loaded with state-of-the-art exercise equipment with out the overhead and cost structure of a “big box” health club. By going further in to neighborhoods where the full service clubs can’t go, they capitalize on an underserved market and insulate them selves against direct competition. Clubs are available to members 24-7 through an elaborate key-card and security system, making them safe, convenient and affordable. Snap Fitness is opening 30-40 clubs per month and their track record of success has substantiated that in good economic times or challenging economic times people will forgo the expense of a full-service health club in favor of an affordable, convenient alternative.
Snap Fitness is one of the fastest growing franchise companies in America today due to the underlying characteristics of the business model. Are you looking for a business with the following characteristics?
- Recession Resistant Business Model
- Absentee Ownership
- Keep the security of Full-Time job
- Open Multiple Units
- Limited Time Commitment
- Few Employees
- Low Investment Level (approx. $60K of own capital)
- Potential for Rapid Breakeven
- Highly Profitable Clubs
- 24-7 Key-Card Access
- Safe & Secure
- Multiple Profit Centers
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Investment Requirements
Franchise Fee: $40,000
Required Cash liquidity: $100,000
Total Investment Range: $200,000
Net Worth: $350,000
