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Franchise News Release: Minneapolis, MN - (Dec-24-2008) Snap Fitness “Muscles” Its Way to #1 Ranking in Fitness CategorySnap 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. “The Entrepreneur rankings are both humbling and gratifying,” said Snap Fitness CEO and Founder Peter Taunton. “When we launched Snap Fitness, we knew we were on to something that would revolutionize the industry and offer consumers a more affordable and convenient solution to meet their fitness needs. By continuing to put our members and franchise owners first, we will continue to reach for new heights and set new standards in fitness and franchising.” Consistently opening 300-400 new clubs each year, Snap Fitness is seeking single and Multi-unit franchise owners to open new fitness centers in strategic markets in the United States, Canada and now in Australia, India and Mexico as well. About Snap Fitness, Inc. This web site and the information contained herein does not constitute the offer or sale of a franchise. There are certain states that require the registration of an FDD before the franchisor can advertise or offer the franchise in that state. This franchise may not be registered in all registration states and may not offer franchises to residents of those states or to persons wishing to locate a franchise in those states. The offer and sale of a franchise can only be made through the delivery and receipt of a Franchise Disclosure Document (FDD). |
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Related Franchise News: |
| Snap Fitness Recognized as One of Twin Cities' Fastest Growing Companies - Nov 05,2009 |
| Alison McElroy Named General Counsel of Snap Fitness - Oct 01,2009 |
| Snap Fitness “Muscles” Its Way to #1 Ranking in Fitness Category - Dec 24,2008 |
| Snap Fitness Moves into New Headquarters, “Bulks Up” Corporate Staff - Dec 10,2008 |
| Snap Fitness Franchise Captures Huge Market Share in Fitness Industry - Sep 29,2008 |
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