Snap Fitness, the world’s fastest-growing franchisor of state-of-the-art 24/7 express fitness centers, has been ranked in numerous listings on the 2009 compilation of Entrepreneur magazine’s Franchise 500®, including the highly-coveted #1 ranking in the fitness category.
Franchising since 2004, Snap Fitness has grown to nearly 1,700 locations currently operating or under development worldwide. Based on this rapid and strategic growth, Entrepreneur’s rankings also highlight Snap Fitness in the following categories: #2 on Top New Franchises for 2009, #5 on Fastest Growing Franchises, #24 on the Franchise 500® and #23 on America’s Top Global Franchises, reflecting the company’s aggressive expansion into Canada and initial openings in India.Snap Fitness’ success is attributed to a business model that makes its compact, state-of-the-art clubs easy to own, manage and market. Start-up costs range from $71,000 to $242,000, putting it well below the price tag of well-known franchisors in other categories. The ability to manage operations via web-based tools with little need for on-site staffing makes it attractive for entrepreneurs and others seeking opportunities that accommodate semi-absentee ownership. And offering a convenient, low-price alternative to traditional big-box health clubs is a value proposition well-suited for today’s health-conscious consumer marketplace.
Logo from Snap Fitness.