Snap Fitness is growing with ambitious plans for 200 new clubs across Australia and New Zealand in the next four years.
The concept behind Snap Fitness, the world’s fastest-growing fitness franchise, is a simple one: compact, 24/7 gyms with state-of-the-art equipment, minimum staffing and no fuss. Founded in 2003 in the United States, Snap took fitness in a new direction with a business model based on minimal overheads and high return.
The brand made its Australian debut at the tail end of last year and offers a proven formula to entrepreneurs looking for a slice of the high growth and profitable fitness industry, estimated to be worth more than $21 billion.
Initial investment starts at $350,000 with the potential to begin recouping start-up costs in a matter of weeks – as was the case for franchisee Nigel Blackwell of Snap Fitness Carina: “The key advantage of the model for me is that it’s self-reliant. It doesn’t require a hands-on owner manager to succeed,” he said.
“The club was turning a profit within the first month which meant I could take a step back and allow the club manager to deal with the business on a day-to-day basis. I’m currently scouting for new Queensland locations and my plan is to have multiple Snap Fitness franchises in operation by the end of the year.”
If you’re interested in becoming a franchisee, find out more at www.snapfitness.com/australia