Is
Snap Fitness
a franchise?
How many
Snap Fitness
franchises
are there?
What are the
Snap Fitness
franchise
fees?
Initial Franchise Fee
When signing a Franchise Agreement, you will pay an initial franchise fee of $29,500. If you are an existing franchisee acquiring your second or subsequent Club, you are eligible for a reduced initial franchise fee of $24,500.
This fee is payable in full when the Franchise Agreement is signed and is considered fully earned and non-refundable upon payment. For qualified veterans under the IFA’s VetFran program, there is a discount, and the initial franchise fee is $24,500.
Royalty Fee
The document did not provide a specific percentage for the Monthly Royalty Fee in the sections retrieved. However, for certain franchisees under specific conditions, there is a Continuing Fee of $600 per month instead of a monthly Royalty Fee based on a percentage of Gross Revenue.
Marketing Fee
The National Marketing Fee is a flat rate of $440 per month and is not calculated as a percentage of Gross Revenue.
Other Significant Fees
- Grand Opening Marketing: You must remit $10,200 at least 90 days prior to the projected opening date for an initial promotional campaign (Pages 131,132).
- Technology Fee: There is a $199 Technology Fee, a $50 per month Website Fee, and a $50 per month Member Service Fee. These fees are collectively referred to as the "Legacy Fees" and are subject to increase based on the Consumer Price Index.
Note: The fees presented here can be found in the Item 5 of the Franchise Disclosure Document. For a complete list of all the fees borne by the franchisee, please consult the Franchise Disclosure Document.
How much does
it cost
to start a
Snap Fitness
franchise?
Note: The table above provides a snapshot of the main costs associated with starting the most common franchise format (as disclosed in the Item 7 of the Franchise Disclosure Document). For a complete overview of all the expenses involved with the various formats offered by the franchisor, please consult the Franchise Disclosure Document.
Does
Snap Fitness
provide
training
to its
franchisees?
Initial Training Program
The franchise offers an initial training program for at least two people from the franchisee's organization, which must include the general manager. This training is mandatory and must be completed to the franchisor's satisfaction. The program spans three days and covers various aspects of running a Snap Fitness franchise, including:
- Individual Marketing and Brand Strategy (4 hours of classroom training)
- Individual Sales Process Application
- Operations (which includes business planning, leadership, staffing, onboarding, membership sales, systems, personal training, and more)
The training program also encompasses a competitive marketplace analysis, lead generation/marketing process, sales process, personal training, club culture, member retention, and software training.
Costs and Location
Franchisees must arrange and cover the expenses for themselves and their general manager to attend the training program, including transportation, lodging, meals, and wages. The training typically takes place at the franchisor's headquarters in Chanhassen, Minnesota, but may also be offered virtually.
Additional Training Requirements
In certain circumstances, such as when a franchisee fails to meet operational standards, Snap Fitness may require additional training as a condition for remedying any defaults. This additional training must be completed within a reasonable time as specified by the franchisor.
Does
Snap Fitness
provides
territory
protection?
While Snap Fitness provides some territorial protection, it is not absolute, and there are significant exceptions that allow the franchisor and its affiliates to conduct business within the franchisee's Designated Area under certain conditions.
Can a
Snap Fitness
franchise
be run as
a passive
investment?
The franchise cannot be run as a passive investment.
