173
Snap Fitness
November 12, 2024 at 6:26:33 PM
Last Year Rank:
196
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Investment Range:
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Initial Investment:
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Category:
$430,800 - $1,118,100
$39,500
Personal Services
![McDonald’s.jpg](https://static.wixstatic.com/media/9cab28_84168c7df3ce4079850d99d17c410ba6~mv2.jpg/v1/fill/w_276,h_276,al_c,q_80,usm_0.66_1.00_0.01,enc_avif,quality_auto/McDonald%E2%80%99s.jpg)
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, which is under Lift Brands, 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
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Global Sales:
$361,000,000
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US Units:
520
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International Units:
495
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Total Units:
1015
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Percent Franchised:
98%
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%International Units:
49%
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US Franchised Units:
510
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International Franchised Units:
481
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Sales Gowth%:
20.30%
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Unit Growth%:
-2.40%
Franchise Financial Overview
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Starting Year:
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Franchise Fee:
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Royalty Fee:
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Financing Available: