FranchiseWorks.com:
For the sixth consecutive year, Snap Fitness has been named one of the top 500 franchises in the United States, ranking #36 in Entrepreneur Magazine’s Franchise 500®. Snap Fitness also ranked #40 in the publication’s list of Fastest-Growing Franchises and #33 in the list of America’s Top Global Franchises.
The rankings for all 500 companies are determined using an exclusive formula that takes into account objective and quantifiable factors. The most important factors include financial strength and stability, growth rate and size of the system.
Snap Fitness Founder and CEO Peter Taunton attributes the company’s continued success and recognition to several growing fitness trends, including an increase in the number of company subsidized gym memberships, as well as an aging baby boomer generation looking to keep their youthful physique and energy.