Snap Fitness Acquires Minnesota-based STEELE Fitness with Plans to Implement Personal Training Platform

09/04/2013

CHANHASSEN, Minn., – Snap Fitness, the world’s leading franchisor of 24/7 express fitness centers, today announced the acquisition of STEELE Fitness, the high-end personal training company based in Golden Valley, Minn.

In an effort to bolster their value added services and provide consistent personal training options across all locations, Snap Fitness will begin rolling out the STEELE Fitness personal training model in September in the Minneapolis market, with plans to build in the tier-one markets nationally and internationally in 2014.

“This acquisition allows us to both further differentiate the Snap Fitness brand by providing premium personal training offered by STEELE Fitness, giving our members with even more value for their money,” said Peter Taunton, CEO and Founder of Snap Fitness. “With this acquisition we are on our way to building the largest personal training network in the world.”

Founded in 2003 and franchising since 2004, Snap Fitness remains one of the world’s fastest growing franchisor of 24/7 express fitness centers, with nearly 1,500 locations.

“Creating a high-quality, streamlined personal training program that translates on a global scale is something that has never been done before in our industry” added Taunton. “This acquisition will allow us to do exactly that, providing members with the best experience and results, no matter where they choose to work out.”

While Snap Fitness offers the same quality equipment as traditional health clubs, the booming brand is setting industry standards by focusing on complete member wellness and providing a host of products and services designed to give members better results and more value for their money. By offering one-on-one instruction, nutritional guidance, and the latest innovative fitness technology in the industry, Snap Fitness gives customers a complete wellness solution.

About Snap Fitness, Inc.
With a focus on providing members with fast, convenient and affordable workouts in clean, comfortable locations that are close to home, Snap Fitness is experiencing phenomenal growth with nearly 1,500 clubs worldwide and approximately 15-20 new clubs added monthly. Founded in 2003 by CEO Peter Taunton, the Chanhassen, Minn.-based franchisor is dedicated to providing members with more value than any other health club. For more information, please visit www.snapfitness.com.

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Snap Fitness Moves up 1,205 Spots on the 2013 Inc. 500|5000 List

08/28/2013

CHANHASSEN, Minn., – For the fifth consecutive year, Snap Fitness has been ranked on the annual Inc. 500|5000 list, which presents an exclusive ranking of the nation's fastest-growing private companies. With an 84 percent three-year sales growth, the world’s leading franchisor of 24/7 express fitness centers, moved up 1,205 spots on the list to #3,608 from its 2012 rank of #4,813.

“As we continue to expand both domestically and internationally, recognition such as the Inc. ranking is helpful validation that our more affordable and convenient gym model remains attractive for multiple customer segments as well as investors,” said Snap Fitness Founder and CEO Peter Taunton.

The Inc. 500|5000 list represents a comprehensive look at the most important segment of the economy—America’s independent entrepreneurs. Snap Fitness joins LivingSocial, Edible Arrangements, CDW and Lifelock, among other prominent brands featured on this year’s list.

In a stagnant economic environment, median growth rate of 2013 Inc. 500|5000 companies is an impressive 142 percent. The companies on this year’s list report having created over 520,000 jobs in the past three years, and aggregate revenue among the honorees reached $241 billion.

"Not all the companies in the Inc. 500 | 5000 are in glamorous industries, but in their fields they are as famous as household name companies simply by virtue of being great at what they do. They are the hidden champions of job growth and innovation, the real muscle of the American economy,” said Inc. Editor Eric Schurenberg.

While Snap Fitness offers the same quality equipment as traditional health clubs, the booming brand is setting industry standards by focusing on complete member wellness and providing a host of products and services designed to give members better results and more value for their money. By scaling down in size and eliminating unnecessary amenities such as swimming pools and racquetball courts, Snap Fitness offers customers a quality, affordable workout with strong emphasis on customer service and convenience.

About Snap Fitness, Inc.
By combining the industry’s best workout experience with value-added tools and services such as custom nutrition profiles, online meal planning, personal training and more, Snap Fitness has quickly become the world’s leading fitness franchise. Founded in 2003 by CEO Peter Taunton, the Chanhassen, Minn.-based franchise currently has over 2,400 locations sold worldwide, and continues to add 10-15 new locations each month. For more information, please visit www.snapfitness.com.

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Snap Fitness Brings Rolling Strong™ to Pilot Flying J Travel Center in Lebanon

01/31/2013

CHANHASSEN, Minn., – Snap Fitness, the world’s fastest-growing franchisor of 24/7 express fitness centers, partnered with Rolling Strong™, the leader in health and wellness for professional drivers, to offer an easy-in, easy-out workout concept at numerous Pilot Flying J locations nationwide. On the heels of the overwhelming success of the first location in Dallas, Texas, the next Rolling Strong gym will celebrate its grand opening on January 31, 2013, at the Pilot Travel Center in Lebanon, Tennessee.

“The Snap Fitness Rolling Strong gyms are designed to accommodate the trucking community and those who travel frequently for business or vacation, so they can get the workouts they need quickly and conveniently,” said Peter Taunton, CEO and Founder of Snap Fitness. “We hope these express fitness centers will help thousands of daily travelers achieve their fitness goals and get better results while on the road.”

Located at 921 Murfreesboro Road, just off Interstate 40 in Lebanon, the newest Snap Fitness Rolling Strong location will boast the same world-class staff, instructors, trainers, and top-of-the-line fitness equipment found at the Dallas location, including treadmills, ellipticals, leg machines, chest machines, dumbbells, and a bench press to name a few.

“Pilot Flying J understands the challenge professional drivers face in maintaining a healthy lifestyle while on the road,” said Pilot Flying J CEO John Compton. “That’s why we are pleased to partner with Snap Fitness and Rolling Strong to provide convenient workout locations to help drivers improve their health and fitness.”

Each Snap Fitness Rolling Strong gym, located at a Pilot Flying J travel center or travel plaza, is staffed by fitness professionals and includes a variety of top-of-the-line fitness equipment. Monthly gym dues are $19.95 for the trucking community, which provides access to the Snap Fitness Rolling Strong gyms as well as any of the 1,300 Snap Fitness clubs worldwide. Family membership options for the trucking community are available as well. Current Snap Fitness club members are also able to use the amenities at the Snap Fitness Rolling Strong gyms at no extra charge.

“The opening of the Lebanon, TN location is another step towards delivering driver-designed and driver-delivered health and wellness solutions for the true “road athletes” out there on the road,” said Bob Perry, “The Trucker Trainer™” and President of Rolling Strong. “Rolling Strong is proud to be working with Snap Fitness and Pilot Flying J to bring these tools to reality.”

Visit www.snapfitnessrollingstrong.com for more information and to learn more about locations and amenities.

About Rolling Strong
Rolling Strong™ is the leader in driver wellness providing the only driver wellness program that is driver-designed and delivered to drivers where they work and live, on the road. Rolling Strong is on a mission to educate drivers and share life-changing products and services to help them while on the road. By providing transportation companies and their drivers as well as owner operators with in-terminal and on the road wellness programs, drivers finally have access to a wellness program that makes sense for them. Personalized wellness programs include Rolling Strong driver health and wellness checks at client terminals, access to a national network of retail clinics for bio screening and discounted acute care, DOT compliance, driver fitness programs, wellness kits and telephonic health coaching. For more information about Rolling Strong™, call 888-506-6079 or visitwww.rollingstrong.com.

 

About Snap Fitness, Inc.
With a focus on providing members with fast, convenient and affordable workouts in clean, comfortable locations that are close to home, Snap Fitness is experiencing phenomenal growth with nearly 1,400 clubs worldwide and some 15-20 new clubs added monthly. Founded in 2003 by CEO Peter Taunton, the Chanhassen, Minn.-based franchisor is dedicated to providing members with more value than any other health club. For more information, please visit www.snapfitness.com.

 

About Pilot Flying J
Pilot Flying J is committed to making life better for America’s drivers. Headquartered in Knoxville, Tennessee, Pilot Flying J has over 650 retail locations and is the largest operator of travel centers and travel plazas in North America. It is ranked by Forbes as the sixth largest private company in America. The Pilot Flying J network provides customers with access to over 60,000 parking spaces for trucks, over 4,400 showers and over 4,000 diesel lanes, of which over 2,700 offer DEF at the pump. Pilot Logistics Services is one of the largest independent energy logistics companies in North America, selling and distributing over 1.3 billion gallons of refined petroleum products and serving over 15,000 customers. Together, Pilot Flying J and Pilot Logistics Services employ over 25,000 people and generate sales of 9 billion gallons of petroleum annually. Visit www.pilotflyingj.com for more information.

 

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Snap Fitness Names Mike Grunklee Corporate Controller

01/03/2013

MINNEAPOLIS, Minn., – Snap Fitness, the fastest growing franchisor of 24/7 express fitness centers, announces the appointment of Mike Grunklee as Corporate Controller.

In this position, Grunklee will oversee the day-to-day financial operations of Snap Fitness. He will also oversee the same operations for Kosama Complete Body Transformation, a group fitness franchise acquired by Snap Fitness in early 2012.

"We are excited to welcome Mike’s strong experience and deep understanding of accounting and control systems to Snap Fitness,” said founder and CEO Peter Taunton. “His hiring adds additional depth to an already strong finance and accounting team. He brings a wealth of financial management experience to this role, and I am delighted he has joined our team."

Prior to joining Snap Fitness, Grunklee served as the Corporate Controller at Delphax Technologies, a global leader in the print solutions industry. Before this he spent more than 12 years as an Audit Director at McGladrey, the fifth largest U.S. provider of assurance, tax and consulting services.

Grunklee earned degrees in accounting and management information systems from the University of Wisconsin-La Crosse.

About Snap Fitness, Inc.
With a focus on providing members with fast, convenient and affordable workouts in clean, comfortable locations that are close to home, Snap Fitness is experiencing phenomenal growth with nearly 1,400 clubs worldwide and some 15-20 new clubs added monthly. Founded in 2003 by CEO Peter Taunton, the Chanhassen, Minn.-based franchisor is dedicated to providing members with more value than any other health club. For more information, please visit www.snapfitness.com.

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Snap Fitness ‘Flexes Muscle’ with 100th Club Opening and 100,000 Members in Australia and New Zealand

01/03/2013

MINNEAPOLIS, Minn. – Over the last three years, Snap Fitness, the fastest growing franchisor of 24/7 express fitness centers, has expanded its footprint in Australia and New Zealand at a record breaking pace.

Having opened their first location in Australia in 2009, the fastest growing franchise system featuring compact, state-of-the-art fitness centers, recently opened its 100th club and has developed a membership base of over100,000—which continues to grow rapidly.

“There’s incredible demand for affordable and convenient health and fitness clubs,” said CEO and Founder of Snap Fitness, Peter Taunton. “We were confident that the Snap Fitness brand would see the same explosive growth in Australia and New Zealand as it has experienced across other countries, and the opening of our 100th location is a testament to that belief.”

With that ambition, Snap is starting to attract celebrity athletes like Jonathon Brown, of the Brisbane Lions, and former Australian Olympian, Sam Riley, as franchisees.  In addition, the company plans to open a total of 250 – 350 new locations over the course of the next five years.  

“We offer a fitness product that gives members the basics and screams value,” added Taunton. “People are always drawn to value. It’s a strong word in this industry and it gets undermined often.”

While Snap Fitness offers the same quality equipment as traditional health clubs, the booming brand is setting industry standards by focusing on complete member wellness and providing a host of products and services designed to give members better results and more value for their money.

By scaling down in size and eliminating unnecessary amenities such as swimming pools and racquetball courts – a typical installation ranges from 300-400 square meters – Snap Fitness offers customers a quality, affordable workout with strong emphasis on customer service and convenience. Members pay month-to-month and can easily cancel their gym memberships or put them on hold without penalty. There are no contracts.

Founded in the United States in 2003, Snap Fitness has grown to more than 1,300 locations throughout 47 states and internationally into Canada, India, the UK, and Mexico.  In addition, the company recently signed deals to expand into Egypt, Hong Kong, Malaysia, Singapore, Indonesia, Thailand, and the Philippines.

For more information or to learn how to open a Snap Fitness Franchise, please visit http://www.snapfitness.com.au/.

About Snap Fitness, Inc.
By combining the industry’s best workout experience with value-added tools and services such as custom nutrition profiles, online meal planning, personal training and more, Snap Fitness has quickly become the world’s leading fitness franchise. Founded in 2003 by CEO Peter Taunton, the Chanhassen, Minn.-based franchise currently has over 2,400 locations sold worldwide, and continues to add 10-15 new locations each month. For more information, please visit www.snapfitness.com.

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Snap Fitness Continues International Growth, Signs Deals in Southeast Asia, Hong Kong, Egypt and Mexico

01/03/2013

MINNEAPOLIS, Minn., – As 2012 comes to a close, the world’s leading fitness franchise is preparing for its biggest year yet by strengthening its global reach with aggressive expansion plans.

With nearly 1,400 clubs already open and operating in seven countries, Snap Fitness recently announced newly signed Master agreements that will bring its proven concept to Singapore,Thailand, Hong Kong, Phillipines, Indonesia, Malaysia Egypt and Mexico.

“Health and fitness are universal concerns,” said Peter Taunton, Founder and CEO of Snap Fitness. “Our model provides a quick and convenient work out that resonates with any demographic and ethnicity. We look forward to our continued growth across the globe and are eager to see where the Snap Fitness brand takes us next.”

Taunton says that plans are in place for over 700 new locations to open in the new markets over the next five years, with new clubs opening in Singapore, Egypt, and Mexico City in the first quarter of 2013. Snap has partnered with some of the industry’s best operators from all over the world, who will use their expertise and experience to help continue to the success of the Snap Fitness brand:

- Egypt: Tamer Rakha, the new Master Franchisor in Egypt, recently served as the vice president of Gold’s Gym Egypt before choosing to partner with Snap Fitness to bring the fast-growing concept to his home country. Rakha has plans to open 28 clubs over the next five years with the first club – a women’s only Snap club –expected to open in Heliopolis in early 2013. This will be the first of its kind.

- Mexico: Snap Fitness signed two separate deals in Mexico. The first is headed by Luis and Mario Magna, who were two of the first Snap Fitness franchise owners in Mexico back in 2008 in the city of Metepec. Since then, they’ve gone on to open 5 locations throughout the country, and have assembled a team of 35 employees who will help with their aggressive expansion plans. As Master Franchisees, they plan to open 100 clubs over the next three years, which will make Snap Fitness the largest fitness chain in Mexico. In addition, a second group has signed an area development agreement to open 25 clubs in Mexico City alone.

- Southeast Asia/Hong Kong: Snap Fitness signed a development deal with Richard Lowe, who will open 500 clubs throughout Hong Kong, Singapore, Malaysia, Indonesia, Thailand and the Philippines over the next 10 years. With over 20 years of fitness industry experience, Lowe boasts and impressive resume, including the launch of several successful fitness companies including California Fitness Centers in Asia, Fitness First, and Slender Shapes. His first location is expected to open in Singapore at the beginning of 2013.

“As someone who’s been involved in the industry for their entire life, passion about fitness comes with the territory,” Lowe said. “Snap Fitness is a proven global leader in the fitness arena and the brand is one I can genuinely get behind 100 percent. The quality standards and franchise system Snap has put in to place has prepared the brand for success in not just Southeast Asia and Hong Kong, but in markets worldwide. I’m very excited about the future of the brand and look forward to being instrumental in its continued success.”

In addition to these recently added countries, Snap Fitness plans to continue its momentum in 2013 by entering an additional four to six international markets by year-end.

While Snap Fitness offers the same quality equipment as traditional health clubs, the booming brand is setting industry standards by focusing on complete member wellness and providing a host of products and services designed to give members better results and more value for their money. By scaling down in size to approximately 232 to 325 square meters (2,500-3,500 square feet) and eliminating unnecessary amenities such as swimming pools and racquetball courts, Snap Fitness offers customers a quality, affordable workout with strong emphasis on customer service and convenience.   

For more information on the Snap Fitness franchise opportunity, please contact Gary Findley at 952-567-5808 or gfindley@snapfitness.com.

About Snap Fitness, Inc.
With a focus on providing members with fast, convenient and affordable workouts in clean, comfortable locations that are close to home, Snap Fitness is experiencing phenomenal growth with nearly 1,400 clubs worldwide and some 15-20 new clubs added monthly. Founded in 2003 by CEO Peter Taunton, the Chanhassen, Minn.-based franchisor is dedicated to providing members with more value than any other health club. For more information, please visit www.snapfitness.com.

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