Snap Fitness Club
Snap Fitness franchises operate 24/7 fitness clubs offering members keycard access, group fitness classes, personal training, and advanced fitness technologies with high-quality equipment. The business model centers on franchisees developing and running these compact gyms under strict brand standards, including automated billing and proprietary operations, in a competitive fitness industry. They target individuals seeking convenient, affordable, round-the-clock workout options, competing with other gyms, chains, and public facilities.
Disclaimer: This information was extracted using AI from public Franchise Disclosure Documents and should be independently verified. This is not financial or legal advice. Always review official FDD filings before making investment decisions.
Overview
Financial Requirements
$700/mo royalty + $500/mo national marketing + $400/mo technology + $546/mo insurance
Franchise Stats
Financial Performance
Item 19 Financial Performance
Data Based On: Historical performance of 479 Franchised Clubs for 2024 and 2023.
* Average gross revenue, median gross revenue, revenue top quartile, and revenue bottom quartile extracted directly from 'Franchised Clubs – Sales and Memberships by Quartile for 2024' (Table A on page 6). No specific net income, net profit, or EBITDA data was provided for franchised clubs. Best guess profit range is estimated using the average gross revenue for franchised clubs ($250,461) and the range of Operating Income margins observed in the 'Corporate Owned Snap Fitness Clubs' financial statements for 2024 (Table A on page 2). The lowest corporate operating income margin (Bottom Third Average) was 5%, and the highest (Top Third Average) was 28%. This proxy is used because Note 7 (page 5) states that corporate fees were adjusted to reflect royalty, national marketing, and technology fees that a franchisee would incur. Therefore, best_guess_profit_low = $250,461 * 0.05 = $12,523, and best_guess_profit_high = $250,461 * 0.28 = $70,129.
Extracted Item 19 Section
How Snap Fitness Club Compares to Other Fitness Studios Franchises
Key Insights
- Top 10 largest franchise system in Fitness Studios
- Lower than average SBA loan default rate in Fitness Studios
| Franchise | Investment Range | Franchise Fee | Royalty | Locations |
|---|---|---|---|---|
Snap Fitness Club Current | $431K - $1.1M | $40K | N/A | 484 |
| Planet Fitness | $1.5M - $5.2M | $20K | 7.0% | 2,298 |
| ANYTIME FITNESS | $459K - $908K | $43K | N/A | 2,290 |
| F45 Training | $349K - $786K | $60K | 7.0% | 751 |
| Pure Barre | $314K - $629K | $60K | 7.0% | 617 |
| HOTWORX | $259K - $878K | $20K | N/A | 578 |
Fitness Studios Average 55 franchises | $425K - $1.0M | $47K | 6.9% | - |
* Comparison based on latest FDD filings. Investment ranges from Item 7, fees from Item 5. Showing top 5 of 55 Fitness Studios franchises by location count.
Locations & Growth
Outlet Growth Over Time
Total outlets at end of each year
Geographic Distribution (2024)
Outlets by state across the United States
+32 more states
SBA Loan History
Historical SBA 7(a) loan data for Snap Fitness Club franchisees (2010 - 2025)
Loans by Year
* Data sourced from SBA 7(a) FOIA loan records. Default rate calculated from charged-off loans.
Franchisee Contacts
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Due Diligence
Litigation (Item 3)
Primarily non-compete, confidentiality, and trademark enforcement against former franchisees; franchisee claims alleging breach due to inadequate club management software and ransomware vulnerabilities.
Bankruptcy (Item 4)
GGI Holdings, LLC filed Chapter 11 on May 4, 2020 (confirmed August 26, 2020). Paul Early, Snap Fitness Chief Administrative Officer, was Chief Administration Officer at affiliate Gold’s Gym International, Inc. at the time.
System Health (Item 20)
Franchise system changes reported in the most recent fiscal year
Frequently Asked Questions
How much does it cost to open a Snap Fitness Club franchise?
The total initial investment to open a Snap Fitness Club franchise ranges from $430,800 to $1,118,100. This includes a franchise fee of $39,500.
How much revenue does a Snap Fitness Club franchise make?
According to the 2025 FDD, the average gross revenue for a Snap Fitness Club franchise is $250,461. The median revenue is $214,821.
How much profit can you make with a Snap Fitness Club franchise?
Based on the financial performance data in the FDD, estimated profit for a Snap Fitness Club franchise ranges from $12,523 to $70,129 per year. Actual results vary based on location, management, and market conditions.
How many Snap Fitness Club franchise locations are there?
As of the 2025 FDD, Snap Fitness Club has 484 franchise locations. The company has been franchising since 2004.
Can you get an SBA loan for a Snap Fitness Club franchise?
Yes, SBA loans are available for Snap Fitness Club franchises. Historical data shows 220 SBA 7(a) loans have been approved for Snap Fitness Club franchisees, with an average loan amount of $186,005. The historical default rate is 7.3%.
Is Snap Fitness Club a good franchise to buy?
Snap Fitness Club shows several positive indicators: established brand with 484+ locations, transparent financial performance data (Item 19), low SBA loan default rate. However, franchise success depends on many factors including location, local market conditions, and owner involvement. We recommend speaking with existing franchisees and consulting with a franchise attorney before making a decision.
Interested in Snap Fitness Club?
Talk to a franchise advisor to get personalized guidance and learn if Snap Fitness Club is the right fit for you.
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