Type Private
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Founder Peter Taunton
Headquarters Chanhassen, Minnesota , U.S.
Key people Ty Menzies (CEO)
Website www.snapfitness.com
How many franchises does Snap Fitness have?
With 2,000 locations open or in development in 18 countries and more than a million members worldwide, a Snap Fitness franchise is the top choice for entrepreneurs to bring a high-quality workout experience to their communities.
Is snap a franchise?
Franchise Description: Snap Fitness, Inc. is the franchisor. The franchise offered is a Snap Fitness club, which offers 24/7 gym access to members as well as group fitness and personal training, using advanced fitness technologies and high quality fitness equipment.
How much does a fitness franchise cost?
The total upfront investment for a gym franchise can fall anywhere between $30,000 and $300,000, including the one-time franchise name fee (ranging from $15,000 to $30,000). Of course, some brands are less expensive than others.
How much do fitness franchise owners make?
Yes, fitness franchises offer great profits but not as much as you might think. According to Investopedia, most franchise owners take home around $50,000 per year, but about 7% of franchise owners earn more than $250,000 per year.Dec 5, 2021
Is a fitness franchise a good investment?
Investing in a fitness franchise, for instance, could be an ideal opportunity to generate good returns as demand would soar over time. The risks are low and the returns are high. You not only generate good income, but you contribute to the social good. Many benefits flow from a fitness franchise model.Jun 1, 2021
Is owning a gym franchise profitable?
The bottom line is, gym franchises are profitable. Their business models are designed to generate a steady stream of income in the long run.Apr 24, 2020
What is the most profitable fitness franchise?
- Anytime Fitness. Initial franchise fee: $3,150 to $42,500. ...
- Orangetheory Fitness. Initial franchise fee: $54,950 to $59,950. ...
- Planet Fitness. Initial franchise fee: $20,000. ...
- Crunch Fitness. Initial franchise fee: $25,000. ...
- Pure Barre. ...
- The Bar Method. ...
- UFC Gym. ...
- Jazzercise Inc.
How much does a gym franchise owner make?
At present, gym owners' salaries are between $26,500 (25th percentile) and $78,000 (75th percentile). Top workers (90th percentile) make $140,000 every year across the U.S. The normal compensation range for an exercise center owner differs by as much as $51,500.Feb 13, 2021
How much does a Anytime Fitness franchise owner make?
On average, Anytime Fitness franchise generates a yearly revenue of $421,800, and the average yearly profit is $114,611 for Anytime Fitness Franchise owner. Anytime Fitness Revenues and profits vary from franchise to franchise depending on the location and membership fee that customers pay.Apr 16, 2020
How many clubs does Snap Fitness have?
With 2,500 clubs open or in development in 24 countries, Snap Fitness is the world's premier 24/7 fitness franchise. Founded in 2003 by Peter Taunton, Snap Fitness provides entrepreneurs an exciting business opportunity with turnkey systems, financing options with low investments, and world-class support.Jul 11, 2017