Snap Fitness logo

Snap Fitness

24-hour fitness centers
Investment
$430,800
Initial Franchise Fee
$39,500
Units
994
Growth Rate
-13%

Overview

Industry
Health & Wellness
Founded
2003
Franchising Since
2004
Parent Company
Lift Brands Inc.
Leadership
Ty Menzies, CEO
# of Employees at HQ
76

Units and Growth Chart

About Snap Fitness

At Snap Fitness, members have 24/7 access to the gyms in their community, and they get to enjoy personal training, complete with a nutrition and fitness plan tailored just for them. Daily high-intensity interval training workouts are offered, along with group workouts for cardio, strength, and functional fitness. Its Myzone technology helps members to track their heart rate and their progress in real-time.

Snap Fitness has been in the industry since 2003 and began franchising in 2004. In that span, it has developed a considerably large following in the U.S. to go along with, with over 450 international franchises. This company is designed to help the members and the franchisees see results. 

Why You May Want to Start a Snap Fitness Franchise

The health and wellness industry remains a large one, and franchisees need a trusted guide to rely upon. Snap Fitness is one of the top franchises focused on helping clients see results—pairing muscle gain with financial gain.

At Snap Fitness, the keys to doing well include hiring the right staff, choosing the right location, and creating results for everybody. Many have found it to be a rewarding investment as they attempt to build a community of people who appreciate the future of fitness and health. Snap Fitness franchisees that offer a clean, organized workout space and pull in the members often achieve results.

By opening a Snap Fitness franchise, you'll be working to attract both people familiar with the brand and others who want to improve their health and wellness, but may not know where to start. Before and during operations, the company usually provides support through training, advanced technology, marketing, and its franchise-to-franchise support program, known as SnapNation.

What Might Make a Snap Fitness Franchise a Good Choice?

Are you a people person who strives to help others make life changes to see positive results? Self-motivated entrepreneurs with previous business experience could be a good fit for Snap Fitness. Potential franchisees should be extremely motivated. Snap Fitness is all about assisting clients in meeting and exceeding their fitness goals while supporting your community's health. 

To be part of the Snap Fitness franchise team, you'll want to make sure you’re financially ready for an initial investment made up of a franchise fee and other startup costs. Additionally, you should be prepared for ongoing fees that will include advertising fees and royalty fees. Franchisees will also need to meet the company's set net worth and liquid capital requirements.

How to Open a Snap Fitness Franchise

To get started with the process of opening your Snap Fitness franchise, begin by evaluating your location. The company's appeal may lie in its all-hours access, quality equipment and training technology, and welcoming atmosphere. Analyze what other gyms in your area provide and think about how Snap Fitness would compare. 

During the process, there should be an opportunity for you to chat with existing franchisees and ask questions directed to the Snap Fitness franchise team. If your available liquid capital and net worth match the brand’s specifications, you may qualify to open a Snap Fitness franchise, and you can get started with an initial investment. Snap your fitness routine into shape and submit an inquiry form!

Investment Details

Initial Franchise Fee
$39,500
Initial Investment
$430,800 - $1,118,100
Net Worth Requirement
$1,000,000
Cash Requirement
$250,000
Royalty Fee
6%
Ad Royalty Fee
2%-4%
Technology Fee
$325/mo.
Term of Agreement
10 years
Is Franchise Term Renewable?
Yes
Financing
Third Party
Veterans Incentive
$5,000 off franchise fee

Available Territories

Franchising opportunities available in the following regions

United States International

Continents

Asia Australia/New Zealand Middle East Europe (Eastern) Europe (Western) Canada Mexico

Training & Support Programs

Comprehensive training and ongoing support to help you succeed

Training

On the Job Training
20+ hours
Classroom Training
40+ hours

Ongoing Support

Purchasing Co-ops
Newsletter
Meetings & Conventions
Grand Opening
Online Support
Security & Safety Procedures
Lease Negotiation
Field Operations
Site Selection

Marketing Support

Co-op Advertising
Ad Templates
Regional Advertising
Social Media
SEO
Website Development
Email Marketing
Loyalty Program/App

Operations & Requirements

Key operational details and requirements for running this franchise

Is absentee ownership allowed?
No
Can this franchise be run from home/mobile unit?
No
Can this franchise be run part time?
No
# of employees required to run
1-1
Are exclusive territories available?
Yes

Ranking History

Snap Fitness performance in the Franchise rankings over recent years

Additional Rankings

Curious to know where Snap Fitness ranked on other franchise lists? Find out below.

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Disclaimer
The information on this page is not intended as an endorsement or recommendation of any particular franchise or business opportunity by Entrepreneur Media. Our listings and rankings are solely research tools you can use to compare opportunities. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise or business opportunity. That should include reviewing the company's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees/licensees/dealers.
Updated: December 12th, 2022