FAQ & Costs
Take a closer look at our proven, turnkey business model. Find out how to turn wellness into wealth and to live your dream with a degree of freedom and flexibility not possible in the traditional work world.
Take Control of Your Financial Future
Learn more about what makes Snap Fitness a healthy investment.
Who Is Snap Fitness?
Based in the Minneapolis suburb of Chanhassen, MN, we are America's fastest-growing franchisor of compact, state-of-the-art, 24/7 fitness centers. Our facilities, small enough to tuck into popular malls in residential neighborhoods, offer a fast, convenient and affordable alternative to traditional "big box" health clubs.
How Proven Is Snap Fitness?
You've probably heard this advice a lot: when evaluating opportunities, look for franchisors with a track record. Peter Taunton, our founder and CEO, has more than 25 years experience in the health club industry. It was his vision and persistence to develop a business model suited for the small investor that led to Snap Fitness.
He sold his first club in April 2004, and the business model has proven so robust and popular that we now exceed 2,000 clubs sold. Our systems grow accordingly to ensure that every club is supported for long-term success.
Inc. Magazine ranks us #16 on it's "Inc. 500" list of privately owned companies, and Entrepreneur Magazine ranks us #1 "Best in Category" among fitness franchises.
How Much Does A Franchise Cost?
As outlined in our FDD (Franchise Disclosure Document) - a prospectus-like document every franchisor is legally required to provide to potential investors - your initial investment in a Snap Fitness may be as low as $77,000 and your total costs, including start-up working capital, should be under $250,000. These totals include the franchise fee of $15,000.
Is Financing Available?
You may arrange financing with any reputable institution. One option is to work with one of Snap's preferred finance groups, a collection of independent financial services organizations capable of providing "one-stop shopping" for a lease or conventional loan, plus assistance with working capital.
Our preferred financials institutions are familiar with our business model and therefore do not require you to submit a business plan as part of your application. This avoids what is normally a cumbersome part of the process.
Best of all, you can initiate your application through a single point of contact to cut through the clutter and quickly learn your best financial options.
If, after speaking with a Snap Fitness sales consultant, you choose this option, we'll provide you with the required financial documents.
What's The Next Step If I'm Interested?
Easy, just fill out our information request form. We'll email you an introductory kit, including the FDD (Franchise Disclosure Document). Then, one of our sales consultants will follow up with a phone call.
Our consultant will walk you through the basic information and answer questions. If you like what you hear and read, you can:
- Participate in a straight-talk conference call with franchisees; ask whatever you want
- Contact the us to learn more about how to qualify for financing options
- Meet with our Founder and CEO Peter Taunton either in person or via phone; an excellent opportunity to size up who we are first-hand
We want the process to work for you. We'll go as slow or quickly as you'd like. This ultimately is your decision, on your own timeline - and we respect that.
If you're like most folks, you've probably been thinking about a go-it-alone option for a while. We invite you to take that first investigative step - with peace of mind that you control the pace. Contact us now.
