百大连锁店- Rank no. 35 – 新移民致富之路
Top 250 Franchise by Entrepreneur – Rank no. 35 – Snap Fitness Inc. – US
Products & Services: 24-hour fitness center
Number of Locations: 1,376
Total Investment: $108.23K – 258.14K
Founded: 2003
Began Franchising: 2004
About Snap Fitness Inc.
Before Peter Taunton founded Snap Fitness Inc. in 2003, he was a professional racquetball player and owned and operated five fitness centers in Minnesota. Taunton’s vision for Snap Fitness was to offer patrons a convenient and affordable place to work out 24 hours a day. The company began franchising in 2004, and is currently expanding globally.
Franchise Units
| YEAR | U.S. | CANADIAN | INTERNATIONAL | COMPANY OWNED |
| 2013 | 978 | 82 | 196 | 120 |
| 2012 | 1,023 | 80 | 148 | 80 |
| 2011 | 1,013 | 66 | 72 | 39 |
| 2010 | 972 | 54 | 30 | 25 |
| 2009 | 893 | 28 | 3 | 12 |
Startup Costs, Ongoing Fees and Financing
Franchise Fee: $19,500
Ongoing Royalty Fee: $449/mo.
Term of Franchise Agreement: 5 years, renewable
FINANCIAL REQUIREMENTS
Net Worth: $250,000
Liquid Cash Available: $50,000
OPERATIONS
40% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 1 – 1. Absentee ownership of franchise is allowed. (20% of current franchisees are owner/operators).
| FINANCING TYPE | IN-HOUSE | THIRD PARTY |
| Franchise Fee | ||
| Startup Costs | ||
| Equipment | ||
| Inventory | ||
| Accounts Receivable | ||
| Payroll |
