Join Our Team of Franchisees: Owning a Gym Franchise
Over the past decade, the fitness industry has experienced remarkable growth. With a heightened focus on health and wellness, there’s never been a better time to consider owning a gym franchise with Snap Fitness.
Becoming a Snap Fitness franchisee offers an excellent opportunity to take advantage of this thriving market. With our proven business model, comprehensive support, and reputation as a well-known brand, owning a Snap Fitness franchise isn’t just a business opportunity — it's a chance to both change lives in your community and achieve financial and personal success.
Whether you’re an experienced entrepreneur or new to the industry, Snap Fitness provides the resources and community you need to thrive.
The Rise of Fitness Franchises
The fitness industry is experiencing robust growth driven by increased awareness of the importance of physical health and mental well-being. The pandemic has underscored the need for regular exercise, prompting a shift toward healthier lifestyles and propelling the fitness industry's expansion. Additionally, advancements in science, technology, and data collection are creating new opportunities for provide fitness services to a broader audience.
Check out these statistics:
In 2019, the worldwide health and fitness club market was valued at $96.7B. The industry is predicted to grow at a rate of 7.5% annually to reach $125B by 2030.
From 2018 to 2024, the U.S. market is estimated to increase by $52.8B and is expected to reach $147.11B by the end of the year.
Franchising is a preferred method of ownership in the fitness industry, allowing entrepreneurs to enter the market with the support of an experienced and established franchisor like Snap Fitness. The franchising model is especially attractive in the fitness industry because it allows owners to open and manage their own centers with proven operational strategies, enabling rapid expansion and consistency across all locations.
Start your path to gym ownership with Snap Fitness.
Benefits of Owning a Fitness Franchise
Investing in a franchise fitness center opportunity with Snap Fitness has numerous advantages! Let’s take a look at some of the benefits you can enjoy as a franchisee:
Brand Recognition and Marketing Power: Partnering with an established brand like Snap Fitness allows you greater recognition and access to promotional opportunities that are not otherwise readily available when starting a business on your own.
Access to Proprietary Resources: Our proprietary manuals, tools, and resources make it easier to learn how to operate your business and stay on track to achieve your goals.
Well-Conceived Path: Our franchise system is built around consistency and structure, providing a clear plan for your gym’s layout, equipment, workouts, pricing, and more.
Lower Costs: Established global vendor agreements reduce the required investment for project set-up, equipment, and ongoing costs.
Increased Success Rate: Franchises generally have higher success rates than independent businesses. With the support of Snap Fitness, you'll have a proven model and extensive resources to help you build and grow your business.
We've structured our gym franchise opportunity to provide you with all the resources necessary to establish and manage a successful club of your own, including planning and financing, property selection, recruitment and training, pre-sales and launch support, a personal contact, premium fit-outs, best-in-class equipment, value-adding technology, a globally established network, economies of scale, ongoing support and growth, member analytics, and more.
Financial Considerations
When considering a Snap Fitness franchise opportunity, it's important you evaluate the financial requirements:
For a single Snap Fitness license, owners are required to have $250K in liquid capital assets and a net worth of $1M.
For an area developer license, these requirements increase to $500K in liquid capital assets and a net worth of $2M.
Additionally, you’ll want to consider other financial costs such as the license fee, equipment expenses, commercial leases, legal and business licenses, and business insurance. At Snap Fitness, our initial franchise fee is $39,500, and the estimated initial investment ranges from $529K to $1.1M. We offer discounts of $5K off the initial franchise fee for subsequent club openings, as well as a $5K discount for veterans. Lastly, you should also take into account the ongoing costs of running a gym franchise, including royalties, operational expenses, and human resources.
Spotlight on Successful Fitness Franchisees
Don’t just take our word for it! Hear from some successful Snap Fitness franchisees in their own words:
“I’m thrilled to sign an agreement for another location with Snap Fitness and continue to grow alongside this exciting brand.” – Brandon Norton, Multi-Unit Franchise Owner, Los Angeles, CA
“I’m excited to break into the city of Warman with a better and proven fitness brand like Snap Fitness. We’ve been a part of the Snap Fitness family since 2014 when we opened our first location in Saskatoon, and we’ve loved supporting each community’s fitness goals every step of the way. Locals will love our fresh approach to getting in shape with our positive and encouraging atmosphere as we widen the Snap Fitness brand offering to more people in the Saskatchewan area.” – Jared Rodgers, Franchise Owner, Saskatchewan, Canada
“We’re thrilled to bring a gym concept with a positive and uplifting culture like Snap Fitness to Lake Havasu City and make a positive impact on the local community with a fresh outlook on health and wellness. Snap Fitness impacted my life in a positive way when I was a member of one of their gyms, and I can’t wait to have that same effect on others.” – Demi Morgan, Franchise Owner, Lake Havasu City, AZ
Ready to Join the Snap Fitness Family?
Owning a Snap Fitness franchise is more than a business opportunity; it’s a chance to make a positive impact on your community while achieving financial and personal success. Join our team and become part of a thriving industry dedicated to health and wellness.
Ready to snap to it and get started? Reach out today to learn more about owning a gym franchise with Snap Fitness and how we can help you build a thriving fitness business!