BizWeek Milwaukee
Chanhassen, Minn.-based Snap Fitness Inc. continues to expand in the Milwaukee area. Since it entered the Milwaukee area market in 2005, Snap Fitness franchisees have opened 43 locations in the area. An additional 9 are in various stages of development.
Snap Fitness health clubs typically occupy 2,500 to 3,500 square feet of space, often in strip malls.
The company believes that the Milwaukee area could eventually support 70 to 80 Snap Fitness locations, said Patrick Strait, marketing communications manager. The company will keep adding more locations in the area as long as good franchisees are interested, and as long as they are not cannibalizing existing locations, Strait said.
“Milwaukee is probably one of the most successful areas we have right now,” he said.
Snap Fitness has a total of 1,900 locations in the U.S., Canada, India and Mexico, and plans to expand soon to Australia and New Zealand.
The chain specializes in providing affordable memberships with quality exercise equipment, available to members 24 hours a day, in a small setting without major amenities such as a swimming pool, racquet ball courts, or day care.
Our members are looking to get in, get their workout done and get out,” Strait said.
Thursday, October 22, 2009
Wednesday, October 21, 2009
American exercise chain to flex muscles in Brampton fitness market
The Brampton Guardian
BRAMPTON - An American-based fitness chain is looking to flex its muscles on this side of the border. The plan for success: the company hopes its "no frills" approach to working out will appeal to Brampton's more discerning exercise enthusiasts.
"We recognized that these days people don't view fitness as a luxury, so much as it is a necessity. But in today's economy, they are looking to cut costs without compromising on quality," said Peter Taunton, Snap Fitness founder and CEO. "Our concept is right for the times, as we give Canadians a fast, convenient and affordable workout solution that is close to home and offers the same quality workout equipment as larger fitness clubs, only at a more affordable rate and with no contracts."
Founded by Taunton in Chanhassen, Minn., in 2003, Snap Fitness is a fast expanding brand. The fitness chain currently has more than 1,700 locations worldwide with plans to open some 300 locations throughout Canada within the next five years.
Two Brampton locations (one at Torbram Road and Bovaird Drive and the other at Mayfield Road and Hurontario Street) are already scheduled to be up and running in the near future.
While Snap Fitness offers the same quality equipment as traditional health clubs, Taunton said the brand is designed to give members more value for their money.
By scaling down in size and eliminating unnecessary amenities such as swimming pools and racquetball courts, Snap Fitness is able to offer customers affordability without compromising quality.
The whole idea behind Snap Fitness is to offer a compact, state-of-the-art, facility that is available to patrons 24 hours a day, seven days a week, Taunton said.
Customers are able to join without making a long-term commitment, and are able to "pay as they go."
Facilities provide staffed hours and certified personal trainers and allow patrons access 24 hours a day, 365 days a year via secure electronic card-key.
"The great thing about Snap Fitness is that while you get the same great workout experience that you get from the larger health clubs, our model is compact enough where it can be opened in smaller locations making it more accessible in communities of all sizes. The Brampton area is perfect for Snap Fitness, as it allows us to serve the local community and allow them to get in, work out and get on with their day." Taunton said he started Snap Fitness after 20 years of managing larger, full-service health clubs.
From his experience, he was able to separate what amenities were important to members from those that were not.
It was that ability to trim the fat so to speak that has made Taunton's business successful.
Now, he hopes the company's no-frills business model will take root here.
Snap Fitness has its sights on opening eight to ten locations in Brampton in the next 18 months and 150 throughout Ontario in the next five years.
The company is actively seeking single- and multi-unit franchise owners to open new fitness centers.
"As more people see health and fitness as a necessity versus a luxury, they're seeking convenient and affordable ways to look and feel better," said Darko Vasic, a Brampton native who serves as Canadian sales manager for Snap Fitness. "Snap Fitness looks forward to continuing to offer local health enthusiasts with a no-frills workout option."
For more information on Snap Fitness visit online at http://www.snapfitness.com/.
BRAMPTON - An American-based fitness chain is looking to flex its muscles on this side of the border. The plan for success: the company hopes its "no frills" approach to working out will appeal to Brampton's more discerning exercise enthusiasts.
"We recognized that these days people don't view fitness as a luxury, so much as it is a necessity. But in today's economy, they are looking to cut costs without compromising on quality," said Peter Taunton, Snap Fitness founder and CEO. "Our concept is right for the times, as we give Canadians a fast, convenient and affordable workout solution that is close to home and offers the same quality workout equipment as larger fitness clubs, only at a more affordable rate and with no contracts."
Founded by Taunton in Chanhassen, Minn., in 2003, Snap Fitness is a fast expanding brand. The fitness chain currently has more than 1,700 locations worldwide with plans to open some 300 locations throughout Canada within the next five years.
Two Brampton locations (one at Torbram Road and Bovaird Drive and the other at Mayfield Road and Hurontario Street) are already scheduled to be up and running in the near future.
While Snap Fitness offers the same quality equipment as traditional health clubs, Taunton said the brand is designed to give members more value for their money.
By scaling down in size and eliminating unnecessary amenities such as swimming pools and racquetball courts, Snap Fitness is able to offer customers affordability without compromising quality.
The whole idea behind Snap Fitness is to offer a compact, state-of-the-art, facility that is available to patrons 24 hours a day, seven days a week, Taunton said.
Customers are able to join without making a long-term commitment, and are able to "pay as they go."
Facilities provide staffed hours and certified personal trainers and allow patrons access 24 hours a day, 365 days a year via secure electronic card-key.
"The great thing about Snap Fitness is that while you get the same great workout experience that you get from the larger health clubs, our model is compact enough where it can be opened in smaller locations making it more accessible in communities of all sizes. The Brampton area is perfect for Snap Fitness, as it allows us to serve the local community and allow them to get in, work out and get on with their day." Taunton said he started Snap Fitness after 20 years of managing larger, full-service health clubs.
From his experience, he was able to separate what amenities were important to members from those that were not.
It was that ability to trim the fat so to speak that has made Taunton's business successful.
Now, he hopes the company's no-frills business model will take root here.
Snap Fitness has its sights on opening eight to ten locations in Brampton in the next 18 months and 150 throughout Ontario in the next five years.
The company is actively seeking single- and multi-unit franchise owners to open new fitness centers.
"As more people see health and fitness as a necessity versus a luxury, they're seeking convenient and affordable ways to look and feel better," said Darko Vasic, a Brampton native who serves as Canadian sales manager for Snap Fitness. "Snap Fitness looks forward to continuing to offer local health enthusiasts with a no-frills workout option."
For more information on Snap Fitness visit online at http://www.snapfitness.com/.
Wednesday, October 7, 2009
Fitness Franchise | Snap Fitness Ranks in Top 20 of Inc. 500
Snap Fitness has ‘muscled’ its way among the Top 20 of Inc. Magazine’s annual ranking of the country’s 500 fastest-growing private companies.
The world’s fastest growing franchise featuring compact, state-of-the-art fitness centers, Snap Fitness is ranked No.16, based on revenue growth from 2005 to 2008. The company grew by more than 5,900 percent, with 2008 revenues of $31.7 million.
“We couldn’t be more excited about this incredible recognition,” said Peter Taunton, Founder and CEO of Snap Fitness, noting that the company was the second-highest ranked concept in the health category. “We look forward to continued success and breaking into the Top 10 next year, as both investors and consumers continue to recognize the value we provide.”
Launched in 2003, Snap Fitness operates small fitness centers open 24 hours a day, seven days a week and is particularly geared toward people on the go with hectic lifestyles. The concept offers fast and convenient workout solutions that is close to home and offers the same quality workout equipment as traditional “big box” health clubs, only at a more affordable rate and with no contracts.
“Our more than 400,000 satisfied members, combined with our triple-digit revenue growth, proves we're honed in to what consumers want and expect from their fitness program,” Taunton added.
Today, Snap Fitness has nearly 2,000 locations open or under development worldwide and consistently opens 300-400 new clubs each year. Company plans call for a total of 2,500-3,000 centers within the next five years. In addition to being in nearly every state, Snap Fitness also operates clubs in Canada, India and Mexico, and recently More are planned in Australia and New Zealand.
The world’s fastest growing franchise featuring compact, state-of-the-art fitness centers, Snap Fitness is ranked No.16, based on revenue growth from 2005 to 2008. The company grew by more than 5,900 percent, with 2008 revenues of $31.7 million.
“We couldn’t be more excited about this incredible recognition,” said Peter Taunton, Founder and CEO of Snap Fitness, noting that the company was the second-highest ranked concept in the health category. “We look forward to continued success and breaking into the Top 10 next year, as both investors and consumers continue to recognize the value we provide.”
Launched in 2003, Snap Fitness operates small fitness centers open 24 hours a day, seven days a week and is particularly geared toward people on the go with hectic lifestyles. The concept offers fast and convenient workout solutions that is close to home and offers the same quality workout equipment as traditional “big box” health clubs, only at a more affordable rate and with no contracts.
“Our more than 400,000 satisfied members, combined with our triple-digit revenue growth, proves we're honed in to what consumers want and expect from their fitness program,” Taunton added.
Today, Snap Fitness has nearly 2,000 locations open or under development worldwide and consistently opens 300-400 new clubs each year. Company plans call for a total of 2,500-3,000 centers within the next five years. In addition to being in nearly every state, Snap Fitness also operates clubs in Canada, India and Mexico, and recently More are planned in Australia and New Zealand.
Snap Fitness takes neighborly approach to workout sites
NEW MEXICO BUSINESS WEEKLY
Lynn Nannemann was looking for a franchise business that wasn’t too complicated and that would allow him to help people.
He and his partners looked at fast food and other franchises, and none of them fit.
Then, in 2008, Nannemann, a supervisor at Intel Corp.’s Rio Rancho plant, found what he was looking for: Snap Fitness, a company that franchises small, no-frills gyms.
Now Nannemann has three gyms in Albuquerque, and the rapidly-growing, Minneapolis-based
Snap Fitness is looking to open 17 more locations in the Albuquerque area in the next three years.
“This is a business that helps people,” Nannemann says at his 2,500-square-foot gym at 12251 Academy NE. “It’s what we were looking for.”
Snap Fitness’ no-frills gyms and low-cost memberships appear to be what a lot of consumers are looking for. The company started in 2004 and now has more than 1,800 locations open or sold worldwide. It boasts 500,000 members, many of whom have migrated over from the more expensive, full-service health clubs.
The company is opening 10 to 20 new stores a month, and is slated to open 22 in August. Before the recession, it was averaging 25 to 40 new stores a month.
Snap’s concept is simple. Its stores average 2,500 to 3,500 square feet. They have state-of-the-art exercise equipment, but no swimming pools, saunas, racquetball courts, running tracks or showers; they never close, and they offer basic, no-contract memberships that cost $34.95 a month.
“Ninety percent of our members live within two miles of our stores,” says Snap founder and CEO Peter Taunton. “That tells you that our members love the convenience.”
Snap Fitness brought the 47-year-old Taunton out of an early retirement. He had owned and operated full-service health clubs in the Minneapolis area for more than 20 years when he retired to spend more time with his wife and young children. It didn’t take long, though, for him to come out of retirement.
“Being at home and semi-retired, I started thinking about all of the things that weren’t being used in the clubs I ran – the swimming pools, the climbing walls, the spas,” Taunton says. “It seemed that most people wanted to get in and out, and most of the things they used were the strength and cardio equipment.
“So I took the best components of my big-box facilities and put them into my smaller facilities. Growth has been explosive.”
One reason for that sudden growth could be that buying and opening a Snap Fitness franchise is relatively easy and inexpensive. The franchise fee is $15,000, and equipment and build-out averages $160,000 to $190,000. Most Snap Fitness gyms are located in strip malls and serve as a sort of neighborhood gym, Taunton says.
“Walk into a Snap Fitness club and it feels like you are taking a step forward in the quality of their workouts. We’re delivering the best equipment in the market, with a nice, bright color scheme and a nice, relaxed atmosphere, and at an affordable price.
“We’ve made the product very consumer friendly. There are no contracts. We have to earn your trust and your business every month.”
Although Snap Fitness centers are open 24 hours a day, they aren’t staffed all those hours. Nannemann’s three stores have two employees each, a trainer and a part-time sales manager. Customers get into the locked facilities by swiping security cards. The gyms have security necklaces and emergency buttons that will alert police to any emergency.
Nannemann, who has spent 25 years at Intel, opened his first gym in March 2008. The second opened in June, 2008, and the third in March of this year. The three clubs have a combined membership of 965, which Nannemann hopes to build to 1,500 by the year’s end.
His advertising and marketing plan is very simple; it consists of door hangers and mailings to residents within a two-mile radius of each store.
“It’s really kind of word of mouth. We rely on people to tell their friends about is. We want them to think that this is their neighborhood gym,” Nannemann says, adding that his facilities offer members help with their workout routines and goals. Members can track their gym visits at Snap’s Web site. Their card swipes are automatically tracked by computer.
“We offer a trainer consultation every three months, which we pay for,” Nannemann says. “For us, if the members are not successful in meeting their goals, they are not going to stay members. We have to earn their business every month.”
Taunton says he sees continued growth for the company.
“I see no reason why we can’t have 4,000 to 6,000 stores worldwide,” he says.
Lynn Nannemann was looking for a franchise business that wasn’t too complicated and that would allow him to help people.
He and his partners looked at fast food and other franchises, and none of them fit.
Then, in 2008, Nannemann, a supervisor at Intel Corp.’s Rio Rancho plant, found what he was looking for: Snap Fitness, a company that franchises small, no-frills gyms.
Now Nannemann has three gyms in Albuquerque, and the rapidly-growing, Minneapolis-based
Snap Fitness is looking to open 17 more locations in the Albuquerque area in the next three years.
“This is a business that helps people,” Nannemann says at his 2,500-square-foot gym at 12251 Academy NE. “It’s what we were looking for.”
Snap Fitness’ no-frills gyms and low-cost memberships appear to be what a lot of consumers are looking for. The company started in 2004 and now has more than 1,800 locations open or sold worldwide. It boasts 500,000 members, many of whom have migrated over from the more expensive, full-service health clubs.
The company is opening 10 to 20 new stores a month, and is slated to open 22 in August. Before the recession, it was averaging 25 to 40 new stores a month.
Snap’s concept is simple. Its stores average 2,500 to 3,500 square feet. They have state-of-the-art exercise equipment, but no swimming pools, saunas, racquetball courts, running tracks or showers; they never close, and they offer basic, no-contract memberships that cost $34.95 a month.
“Ninety percent of our members live within two miles of our stores,” says Snap founder and CEO Peter Taunton. “That tells you that our members love the convenience.”
Snap Fitness brought the 47-year-old Taunton out of an early retirement. He had owned and operated full-service health clubs in the Minneapolis area for more than 20 years when he retired to spend more time with his wife and young children. It didn’t take long, though, for him to come out of retirement.
“Being at home and semi-retired, I started thinking about all of the things that weren’t being used in the clubs I ran – the swimming pools, the climbing walls, the spas,” Taunton says. “It seemed that most people wanted to get in and out, and most of the things they used were the strength and cardio equipment.
“So I took the best components of my big-box facilities and put them into my smaller facilities. Growth has been explosive.”
One reason for that sudden growth could be that buying and opening a Snap Fitness franchise is relatively easy and inexpensive. The franchise fee is $15,000, and equipment and build-out averages $160,000 to $190,000. Most Snap Fitness gyms are located in strip malls and serve as a sort of neighborhood gym, Taunton says.
“Walk into a Snap Fitness club and it feels like you are taking a step forward in the quality of their workouts. We’re delivering the best equipment in the market, with a nice, bright color scheme and a nice, relaxed atmosphere, and at an affordable price.
“We’ve made the product very consumer friendly. There are no contracts. We have to earn your trust and your business every month.”
Although Snap Fitness centers are open 24 hours a day, they aren’t staffed all those hours. Nannemann’s three stores have two employees each, a trainer and a part-time sales manager. Customers get into the locked facilities by swiping security cards. The gyms have security necklaces and emergency buttons that will alert police to any emergency.
Nannemann, who has spent 25 years at Intel, opened his first gym in March 2008. The second opened in June, 2008, and the third in March of this year. The three clubs have a combined membership of 965, which Nannemann hopes to build to 1,500 by the year’s end.
His advertising and marketing plan is very simple; it consists of door hangers and mailings to residents within a two-mile radius of each store.
“It’s really kind of word of mouth. We rely on people to tell their friends about is. We want them to think that this is their neighborhood gym,” Nannemann says, adding that his facilities offer members help with their workout routines and goals. Members can track their gym visits at Snap’s Web site. Their card swipes are automatically tracked by computer.
“We offer a trainer consultation every three months, which we pay for,” Nannemann says. “For us, if the members are not successful in meeting their goals, they are not going to stay members. We have to earn their business every month.”
Taunton says he sees continued growth for the company.
“I see no reason why we can’t have 4,000 to 6,000 stores worldwide,” he says.
Snap Fitness Names Alison McElroy As General Counsel
Snap Fitness, the world’s largest and fastest growing franchise featuring compact, state-of-the-art fitness centers, announces the appointment of Alison (Ali) McElroy as general counsel of the company, effective June 2009.
McElroy, who most recently served as an attorney in the corporate group at Faegre & Benson LLP in Minneapolis, will be responsible for various strategic initiatives with Snap Fitness, including the company’s international expansion and general legal needs.
"With Snap Fitness’s shift into a new phase of profitable growth, Ali brings a wealth of experience as general counsel,” said Peter Taunton, Founder and CEO of Snap Fitness. “Her deep legal experience and sound business judgment make her an excellent choice which complements our senior team at this critical moment in Snap Fitness’s mission to become the world’s largest and fastest growing franchise in the multi-billion dollar fitness category.”
McElroy joined Faegre & Benson in 2005, where she advised clients on a variety of matters, including franchise and distribution law, international business transactions, mergers and acquisitions, and international corporate counseling. Prior to joining Faegre & Benson, she served as a judicial clerk for retired Chief Justice Kathleen Blatz of the Minnesota Supreme Court.
“Snap Fitness’s rapid growth, the quality of its leadership and the talent of its people have the company poised for continued success," McElroy said. “I couldn’t be more excited about joining such a dynamic brand and my new role in enhancing a franchise network that is poised for unparalleled growth.”
McElroy is a 2001 graduate of the University of Notre Dame and a 2004 graduate of the University of Minnesota Law School.
About Snap Fitness, Inc.Fresh off its No.16 ranking on Inc. Magazine’s annual ranking of the country’s 500 fastest-growing private companies, Snap Fitness is experiencing phenomenal growth with more than 1,800 locations sold nationwide and some 30-40 new stores added monthly. Founded in 2003 by CEO Peter Taunton, the Chanhassen, Minn.-based franchisor offers compact, state-of-the-art, 24/7 express fitness clubs that emphasize fast, convenient and affordable workouts in neighborhoods across America and world wide.
McElroy, who most recently served as an attorney in the corporate group at Faegre & Benson LLP in Minneapolis, will be responsible for various strategic initiatives with Snap Fitness, including the company’s international expansion and general legal needs.
"With Snap Fitness’s shift into a new phase of profitable growth, Ali brings a wealth of experience as general counsel,” said Peter Taunton, Founder and CEO of Snap Fitness. “Her deep legal experience and sound business judgment make her an excellent choice which complements our senior team at this critical moment in Snap Fitness’s mission to become the world’s largest and fastest growing franchise in the multi-billion dollar fitness category.”
McElroy joined Faegre & Benson in 2005, where she advised clients on a variety of matters, including franchise and distribution law, international business transactions, mergers and acquisitions, and international corporate counseling. Prior to joining Faegre & Benson, she served as a judicial clerk for retired Chief Justice Kathleen Blatz of the Minnesota Supreme Court.
“Snap Fitness’s rapid growth, the quality of its leadership and the talent of its people have the company poised for continued success," McElroy said. “I couldn’t be more excited about joining such a dynamic brand and my new role in enhancing a franchise network that is poised for unparalleled growth.”
McElroy is a 2001 graduate of the University of Notre Dame and a 2004 graduate of the University of Minnesota Law School.
About Snap Fitness, Inc.Fresh off its No.16 ranking on Inc. Magazine’s annual ranking of the country’s 500 fastest-growing private companies, Snap Fitness is experiencing phenomenal growth with more than 1,800 locations sold nationwide and some 30-40 new stores added monthly. Founded in 2003 by CEO Peter Taunton, the Chanhassen, Minn.-based franchisor offers compact, state-of-the-art, 24/7 express fitness clubs that emphasize fast, convenient and affordable workouts in neighborhoods across America and world wide.
Houston Fitness Deals - One Month Free Coupon at Snap Fitness
Houston on the Cheap
A NEW FITNESS CONCEPT in Houston is offering a deal for Houstonians… Folks who sign up for membership at Snap Fitness — no contracts and no risk — will get one extra month free, valued at more than $30. Snap Fitness, open 24/7, offers fast workouts and free instruction. Grab your coupon here to take advantage of this offer before it expires October 31, 2009. Snap Fitness, 9002 Chimney Rock, 713.721.7627.
A NEW FITNESS CONCEPT in Houston is offering a deal for Houstonians… Folks who sign up for membership at Snap Fitness — no contracts and no risk — will get one extra month free, valued at more than $30. Snap Fitness, open 24/7, offers fast workouts and free instruction. Grab your coupon here to take advantage of this offer before it expires October 31, 2009. Snap Fitness, 9002 Chimney Rock, 713.721.7627.
Deal of the Week: Exercise Near Home is A Snap
HOUSTON CHRONICLE
Snap Fitness is gaining strength in the Houston market as franchise owners lease small spaces in shopping centers close to their customers.
Since opening in Kingwood in March 2008, the Minneapolis area based chain has grown to six locations in the Houston area with several more on the drawing board.
The chain is banking on its business model of offering 24-hour centers with no contracts to sign and relatively low monthly fees as people cut back on spending but not on working out in a troubled economy.
“You can't really plan for the future as much as you have in the past,” said Patrick Straight, the firms's marketing communications manager. “Fitness overall is on the rise. It's not a luxury item. It's more of a necessity now.”
The idea is to offer the most popular, state-of-the art equipment in neighborhood retail centers rather than big box locations with extras such as swimming pools and racquetball courts. Most members live within a two- to three-mile radius.
After success at the Seabrook club, franchise owners Dianna Rhodes and Dawn Thompson are getting ready to open a second location at FM 518 and Dixie Farm Road in Pearland.
“It's not a big club. People will recognize you and know your name,” said Rhodes. Since opening in June of 2008, memberships at the Seabrook club have grown to 425. More than one person can be on a membership.
Richard Buxbaum of Baker Katz helped with the site selection and negotiated the 3,324-square-foot lease with Plaka Pearland, which was represented by Jim Bayne at Investar. Some neighbors in the shopping center across from a Wal-Mart and Home Depot are Subway, Allstate, Sports Clips and CiCi's Pizza. Opening is slated for Oct. 15.
Snap Fitness believes that the Houston market could support 30 to 40 stores or more in the greater Houston area, Buxbaum said. The expansion will depend on franchisee interest in the concept and how quickly their models allow them to expand.
Snap Fitness also has locations in Meyerland, Conroe, Cinco Ranch and El Campo. Other clubs are planned south of The Woodlands and near Tomball. Locations range in size from 2,500 square feet to 3,500 square feet. Membership plans cost $34.95 or $59.95 a month and offer unlimited access to any center. There are 927 Snap Fitness clubs open in the U.S. and 963 locations worldwide.
Snap Fitness is gaining strength in the Houston market as franchise owners lease small spaces in shopping centers close to their customers.
Since opening in Kingwood in March 2008, the Minneapolis area based chain has grown to six locations in the Houston area with several more on the drawing board.
The chain is banking on its business model of offering 24-hour centers with no contracts to sign and relatively low monthly fees as people cut back on spending but not on working out in a troubled economy.
“You can't really plan for the future as much as you have in the past,” said Patrick Straight, the firms's marketing communications manager. “Fitness overall is on the rise. It's not a luxury item. It's more of a necessity now.”
The idea is to offer the most popular, state-of-the art equipment in neighborhood retail centers rather than big box locations with extras such as swimming pools and racquetball courts. Most members live within a two- to three-mile radius.
After success at the Seabrook club, franchise owners Dianna Rhodes and Dawn Thompson are getting ready to open a second location at FM 518 and Dixie Farm Road in Pearland.
“It's not a big club. People will recognize you and know your name,” said Rhodes. Since opening in June of 2008, memberships at the Seabrook club have grown to 425. More than one person can be on a membership.
Richard Buxbaum of Baker Katz helped with the site selection and negotiated the 3,324-square-foot lease with Plaka Pearland, which was represented by Jim Bayne at Investar. Some neighbors in the shopping center across from a Wal-Mart and Home Depot are Subway, Allstate, Sports Clips and CiCi's Pizza. Opening is slated for Oct. 15.
Snap Fitness believes that the Houston market could support 30 to 40 stores or more in the greater Houston area, Buxbaum said. The expansion will depend on franchisee interest in the concept and how quickly their models allow them to expand.
Snap Fitness also has locations in Meyerland, Conroe, Cinco Ranch and El Campo. Other clubs are planned south of The Woodlands and near Tomball. Locations range in size from 2,500 square feet to 3,500 square feet. Membership plans cost $34.95 or $59.95 a month and offer unlimited access to any center. There are 927 Snap Fitness clubs open in the U.S. and 963 locations worldwide.
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