Snap Fitness Business Profile & Site Requirements
Snap Fitness was founded in 2003 by Peter Taunton, a professional racquetball player, who saw a need in the fitness market for a gym that moved away from the traditional “big box” health club and towards a “fast, convenient and affordable workout” for those interested in a different fitness environment. Mr. Taunton also wanted to offer aspiring and seasoned entrepreneurs “a practical model to run their own business.” With those ideals in mind, Snap Fitness was opened featuring great equipment and workouts you’d find at full service clubs, but with no long or short-term contracts and locations close to home. And the best part of Mr. Taunton’s model: they’re open 24 hours a day, seven days a week!
By 2010, Snap Fitness had become one of the world’s fastest growing fitness franchises. Currently, there are 2,200 Snap Fitness locations that are either open or in development throughout eighteen countries. Some of their accomplishments include being ranked in the Franchise 500, America’s Top Global Franchises (Entrepreneur Magazine), and the Inc. 5000 (Inc. Magazine) for five years running, Franchisee’s Choice designee based on outstanding franchise satisfaction in 2011 (Canadian Franchise Association) and Ernest & Young’s Entrepreneur of the Year in 2010. Snap Fitness is owned by Lift Brands Elevated Wellness Companies, the “world’s largest wellness franchise organization” with 3,000 clubs (open and in development) and approximately 1.5 million members, according to the company’s LinkedIn page.
Snap Fitness offers franchising opportunities for those who are interested. Some of the pros to owning your own Snap Fitness is that it’s a proven concept, according to their website, “Health-minded consumers continually look for clubs that offer high-quality workouts at the best value. Snap Fitness locations provide members with all of the tools and support they need to get results in a welcoming environment.” Additionally, for those looking to invest or own their own location, Snap Fitness is classified as affordable and financing assistance is available. For more information on franchising, click here.
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