Snap Fitness Continues Global Takeover In the Fitness Industry
A Master Agreement Has Been Signed in Turkey
Chanhassen, August 14, 2018- The premier global fitness brand, Snap Fitness, continues their commitment to growth with a master franchise agreement signed in Turkey.
Snap Fitness is forming a joint venture with entrepreneur family Cem Uygun, his son Mehmet and daughter Zeynep. Snap Fitness will be a 40% owner of the master franchise joint venture entity with a commitment to open 100+ locations over 5 years.
The Uygun family has extensive investments across Turkey in various industries including education, facility services and textile. Cem founded a prestigious K-12 private school in Istanbul and is currently serving as Chairman of the ISS Turkey operation and a partner in an industrial factory. Mehmet started a software company in Istanbul in 2016, and Zeynep has worked in several leadership positions at a consultancy firm in Istanbul for 2 years.
“Turkey is the youngest population in Europe with almost 40% under the age of 35,” says Cema. “We’re super excited to bring this strong brand into our country that is affordable and accessible to everyone. We have no doubt that Snap Fitness Turkey will become one big family.”
Cem’s children share his passion for bringing more health and wellness options to Turkey. “There is nothing more important than our health- that’s our principal capital asset,” says Zeynep. “I am proud to work with an organization that is committed to providing healthy lifestyles for everyone. I believe we are going to change the fitness culture in Turkey with Snap Fitness.”
“Snap Fitness is thrilled to lay the groundwork for providing the best possible fitness experience to Turkey and delighted to welcome the Uygun family to the team,” says Snap Fitness Founder and CEO, Peter Taunton.
This announcement shows the brands’ continued upward trajectory and with plans in place to enter new markets across the globe.
About Snap Fitness
With 2,500 clubs open or in development in 27 countries, Snap Fitness is the world’s premier 24/7 fitness franchise. Founded in 2003 by Peter Taunton, Snap Fitness provides entrepreneurs with an exciting business opportunity with turnkey systems, financing options with low investments, and world-class support.