Snap Fitness Franchise FDD, Profits & Costs (2025)
Snap Fitness, founded in 2003 and headquartered in Chanhassen, Minnesota, began franchising in 2004. It quickly grew into a leading fitness franchise, recognized for its 24/7 access, a key differentiator in the competitive fitness industry.
Offering a wide range of services, including group fitness and personal training, Snap Fitness also integrates advanced fitness technology and top-quality equipment. With over 1,000 locations worldwide, it caters to members seeking convenience, flexibility, and a supportive environment.
Snap Fitness is part of the Lift Brands family, which includes other fitness franchises like 9 Round and YogaFit Studios.
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Snap Fitness Franchise Initial Investment
It costs on average between $529,000 – $1,015,000 to start a Snap Fitness franchised center.
This includes costs for construction, equipment, inventory, and initial operating expenses. The exact amount depends on various factors, including the type of studio you choose, the location, and whether the franchisee chooses to lease or purchase the property.
| Type of Expenditure | Amount |
|---|---|
| Initial Franchise Fee | $39,500 to $39,500 |
| Build-Out Labor Costs | $120,000 to $240,000 |
| Leasehold Improvements | $80,000 to $280,000 |
| Exterior Signage | $10,000 to $20,000 |
| Furniture and Fixtures | $64,405 to $74,174 |
| Fitness Equipment | $120,000 to $180,000 |
| Technology | $15,000 to $25,000 |
| Grand Opening Marketing | $10,200 to $10,200 |
| Occupancy (3-month) | $26,564 to $53,129 |
| Lease Deposits | $8,855 to $17,710 |
| Insurance (3-month) | $1,233 to $1,362 |
| Travel and Training Expenses | $3,000 to $3,500 |
| Professional Fees | $5,000 to $20,000 |
| Additional Funds | $25,000 to $50,000 |
| Total | $528,757 to $1,014,575 |
Snap Fitness Franchise Average Revenue (AUV)
A Snap Fitness franchised gym makes on average $187,000 in revenue (AUV) per year.
Here is the extract from the Franchise Disclosure Document:
This compares to $1,173,000 yearly revenue for similar gym franchises. Below are 10 Snap Fitness competitors as a comparison:
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We have compiled the list of the top 400 franchises across 9 industries. Download the report below.
Snap Fitness Franchise Disclosure Document
Frequently Asked Questions
How many Snap Fitness locations are there?
As of the latest data, Snap Fitness operates over 1,000 locations globally, with a strong presence in the United States, Australia, and the United Kingdom.
This includes around 570 locations in the U.S. and 350 in the Asia-Pacific region, mostly in Australia and New Zealand. The brand continues to expand, with new locations being added across various countries.
What is the total investment required to open a Snap Fitness franchise?
The total investment required to open a Snap Fitness franchise ranges from $529,000 – $1,015,000.
What are the ongoing fees for a Snap Fitness franchise?
Snap Fitness franchisees, must pay a royalty fee of 6% of gross monthly sales, which helps cover operational support and management provided by the franchisor. Additionally, there is a 2% marketing or advertising fee, which contributes to national marketing efforts aimed at promoting the brand.
These fees are typical in maintaining alignment with the Snap Fitness brand and ensuring access to ongoing support and resources.
What are the financial requirements to become a Snap Fitness franchisee?
To become a Snap Fitness franchisee, the financial requirements include a minimum net worth of $250,000 and liquid assets of at least $100,000.
These financial qualifications ensure that potential franchisees have the necessary resources to cover the initial investment, operational expenses, and ongoing costs associated with running a Snap Fitness location.
How much can a Snap Fitness franchise owner expect to earn?
The average gross sales for a Snap Fitness franchise are approximately $0.19 million per location. Assuming a 15% operating profit margin, $0.19 million yearly revenue can result in $28,050 EBITDA annually.
Who owns Snap Fitness?
Snap Fitness is owned by Lift Brands, a global franchising company that specializes in fitness-related businesses. Lift Brands was founded by Peter Taunton, who also founded Snap Fitness in 2003. Lift Brands operates multiple fitness franchise brands, including Snap Fitness, 9Round, and Fitness On Demand, among others.
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