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Owning a business is a big decision. As you consider options, here are four factors that make us an attractive proposition:
Fitness is in. The percentage of people belonging to health clubs has doubled over the past 20 years. More growth is expected, fueled by an aging Baby Boomer generation in search of eternal youth and the reality that regular exercise can prevent or control diseases that are driving health care costs relentlessly upward.
Economically, the industry has proven to be recession-proof, averaging an 8% annual growth rate since the early 1990s. The International Health, Racquet and Sportclub Association offers a concise, helpful industry overview with more details. Download it here.
The health club industry's fastest-growing segment is the so-called "24/7 express fitness" segment - and Snap Fitness is the segment's growth-rate leader.
Our concept enables you to offer customers fast, convenient and affordable workouts in a state-of-the-art fitness center minutes from their homes. They enjoy the same quality equipment and workout experience offered in traditional "big box" health clubs - but without the crowded parking lots, long waiting lines and inflated monthly dues.
Moreover, our member-friendly policies lead the industry - we do not require contracts: members pay month-to-month and may freeze their memberships when not using them.
Convenience, quality and good health at an affordable price, supported by the industry's most progressive member policies - that's a value-driven concept that's right for the times.
When evaluating the choices in our space, you'll quickly conclude we're the easy decision.
From the moment you sign your Franchise Agreement, the support, service and training we provide is unparalleled in our industry (see box at right). Our turnkey operational systems enable you to run a club with only one employee and be as "hands off" as you'd like to be.
Our product lineup extends well beyond what comparable systems offer - giving you more tools to recruit and retain members and create new revenue streams. These services include Health and Wellness Coaching by phone, Online Nutrition and Meal Planning and a unique line of personalized vitamins - similar to what pro athletes rely on - not available in retail stores.
What's more, our financial model favors you over the long run. Like us, other franchisors take care of member billing through automated systems. But their monthly fee typically is a percentage of your total dollar transaction - the more successful you are, the higher their fee. In contrast, we charge a nominal flat-fee per transaction. The difference can add up to thousands of dollars over a year.
If you don't like paying higher taxes simply because you work hard to earn more, you'll appreciate our franchisee-friendly financial approach.
As outlined in our Franchise Disclosure Document (FDD) - a prospectus-like document every franchisor is legally required to provide to potential investors - your initial investment in a Snap Fitness may be as low as $70,000 and your total costs, including start-up working capital, should be under $250,000.
The right choice in the right industry at the right price - take the next step and make the right call. Click here to contact us.