Snap Fitness

Snap Fitness is a privately owned and operated health and fitness club founded in 2003 by Peter Taunton. Its headquarters is in Chanhassen, Minnesota.

Snap Fitness
Private
GenreFitness
Founded2003
FounderPeter Taunton
Headquarters
Chanhassen, Minnesota
,
USA
Websitewww.snapfitness.com

Snap Fitness is associated by ownership and otherwise with other fitness and franchise businesses through its parent Lift Brands and various affiliate companies.  Those brands include 9Round, YogaFit Studios, Insurgence, Steele Fitness, Kosama and TRUMAV.

Snap Fitness operates in 48 states in the United States, plus Australia, Belgium, Canada, Egypt, Georgia, Hong Kong, India, Indonesia, Ireland, Mexico, The Netherlands, New Zealand, Philippines, Spain, Taiwan, Turkey, United Arab Emirates, United Kingdom.

History

Snap Fitness was founded in 2003 by Peter Taunton. In 2004, Snap Fitness started franchising around the US. Locations were added in Australia and New Zealand in 2009.[1]

As of 2008, Snap Fitness has 910 clubs with 400,000 members in 46 states in the US.[2]

Shortly following, India,[3] Egypt, and Mexico[4] signed Master Franchise Agreements in 2012.

By October 2014, Snap Fitness had expanded into the UK by signing an Area Developer Agreement with TwentyTwo Yards Ltd.[5] Snap Fitness entered Spain, The Netherlands, Belgium, Luxembourg, Georgia,[6] and the Philippines in 2015 by way of separate Master Franchise Agreements for each country. That same year, Snap Fitness signed a Master Franchise Agreement with Saudi Arabia.[7] In late April 2016, Snap Fitness announced that the company had secured a major development deal for the United Kingdom with MSG Life Limited.[8] MSG’s original goal was to open 30 Snap Fitness locations across the UK but its target expansion goal is currently 100+.

An Area Developer Agreement was signed for Ireland in August 2016.[9] Praveen Bhatnagar signed on as the master franchisee for the UAE in October of 2016.[10] In 2017 Snap Fitness signed agreements with Hong Kong, Taiwan,[11] Indonesia, and Singapore.[12]

Tim McGraw’s Signature Snap Fitness club, TRUMAV, opened in January 2019 in Nashville, TN.[13]

Awards

In 2010, founder Peter Taunton was named Ernst & Young’s “Entrepreneur of the Year,” for demonstrating extraordinary success in the areas of innovation, financial performance and personal commitment to his business and community.[14]

Snap Fitness appeared on the 2010 Fastest Growing Franchises list at No. 20[15] and on Entrepreneur’s 2011 Fastest Growing Franchises list at No. 27.[16]

Snap Fitness has been ranked on Entrepreneur’s annual Franchise 500 list every year in the last decade.[17]

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References
  1. "Snap Fitness to expand into Australia and New Zealand - Australasian Leisure Management". www.ausleisure.com.au. Retrieved 2019-01-29.
  2. Perlroth, Nicole. "Survival of the Fittest". Forbes. Retrieved 2020-05-26.
  3. "Snap Fitness plans to strengthen its foothold in India". news.franchiseindia.com. Retrieved 2019-01-29.
  4. "Snap Fitness Continues Rapid International Growth". Club Solutions Magazine. 2012-12-11. Retrieved 2019-01-29.
  5. Nov 2014, Jak Phillips 07. "Snap Fitness targets 200 new UK clubs through major franchise deal". www.healthclubmanagement.co.uk. Retrieved 2019-01-29.
  6. "Snap Fitness Signs Four Master Franchise Agreements In One Week – Snap Fitness USA". www.snapfitness.com. Retrieved 2019-01-29.
  7. "SNAP FITNESS TRANSFORMS THE INDUSTRY WITH CLUBS IN SAUDI ARABIA – Snap Fitness USA". www.snapfitness.com. Retrieved 2019-01-29.
  8. Apr 2016, Jak Phillips 22. "Snap Fitness signs 30-club UK franchise deal". www.healthclubmanagement.co.uk. Retrieved 2019-01-29.
  9. "SNAP FITNESS CONTINUES GLOBAL GROWTH WITH EXPANSION INTO IRELAND – Snap Fitness USA". www.snapfitness.com. Retrieved 2019-01-29.
  10. "SNAP FITNESS CONTINUES GLOBAL GROWTH WITH EXPANSION INTO UNITED ARAB EMIRATES – Snap Fitness USA". www.snapfitness.com. Retrieved 2019-01-29.
  11. "Snap Fitness Continues Global Expansion with a Move Into Hong Kong and Taiwan | Health and Fitness Club Industry News". Retrieved 2019-01-29.
  12. "SNAP FITNESS ANNOUNCES MAJOR INTERNATIONAL EXPANSION IN SIX COUNTRIES ACROSS ASIA – Snap Fitness USA". www.snapfitness.com. Retrieved 2019-01-29.
  13. "Tim McGraw's First Snap Fitness Signature Club to Open in Nashville". Club Industry. 2018-12-05. Retrieved 2019-01-29.
  14. "Ernst & Young Entrepreneur Of The Year® 2010 award winners in Upper Midwest Region announced – Snap Fitness USA". www.snapfitness.com. Retrieved 2019-01-29.
  15. "2010 Fastest-Growing Franchises Ranking". Entrepreneur. Retrieved 2019-01-29.
  16. "2011 Fastest-Growing Franchises Ranking". Entrepreneur. Retrieved 2019-01-29.
  17. "Snap Fitness Inc. Franchise Information". Entrepreneur. Retrieved 2019-01-29.
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