Snap Fitness Franchise Opportunity

Business Detail

Snap Fitness,the worlds fastest growing fitness chain brings you the opportunity to be the part of booming fitness industry ..Read On!

Snap Fitness, Headquartered in Minneapolis USA is the worlds fastest growing health club chain with a global presence of 2500 + clubs spread across US, Canada, Mexico, Australia, New Zealand, England, Egypt and India. Launched in the year 2008 in India, SNAP fitness currently is one of the top three players in the fitness industry and is represented by Force Fitness India Pvt Ltd (Master franchisee).

As of 2014Snap Fitness has successfully launched 50+clubs in India covering the major cities of Bangalore, Delhi,Chennai, Hyderabad Mumbai and is currently in the midst of an aggressive plan to spread the BE WELL lifestyle with a vision of 100 clubs by 2015 and 300 clubs across the country by 2018. Snap is designed to be your own fast-convenient-affordable neighbourhood gym open 24/7 in a safe and secure environment. With Snap you get all the benefits of Personal training, Nutrition counselling and World class top of the line equipments at affordable prices.

Snap offers a more sustainable alternative to traditional `big box` health clubs with lower investment/ operational costs and much better returns. With a robust business model, above industry average ROI andbacked by a dedicated teamofferingstart to finish project support, Snap Fitness is nowinviting Franchisees to be part of the booming fitness industry.

Franchise Facts:

Area Required: 3000-5000 sq. ft
Investment: Rs. 1 Cr. - Rs. 2 Cr
Franchise/Brand Fee: Rs 15 lakhs
Royalty/Commission: Rs 85,000 per month

Franchisor Support:

Site selection and lease negotiation
Equipment selection and buildout assistance
Presales and club opening support
Franchisee training will be done at Bangalore, India
Detailed operating manuals for franchisee
Field assistance is also provided to the franchisee
Experts from head office also assist in setting up the franchise
Ongoing monthly training and sales seminars

Franchise Benefits:

Benefit of renewable franchise term
Reputed brand name logo
High returns on investment

Grab this business opportunity to secure your future income...Hurry!

Thanks Regards

Snap Fitness Team

Investment Detail

Commenced Operations

Operations Commenced On 2008

Franchising / Distribution Commenced On 2008

Franchise Details

UNITS

Location Store wise

Investment INR 1 Cr. - 2 Cr

Franchise/Brand Fee INR Rs 15 lakhs

Royalty/Commission Rs 85,000 per month %

Expansion Locations

North

Delhi, Haryana, Himachal Pradesh, Jammu and Kashmir, Punjab, Uttaranchal, Uttar Pradesh

South

Kerala, Karnataka, Tamil Nadu, Andhra Pradesh

East

Assam, Meghalaya, Mizoram, Tripura, Arunachal Pradesh, Manipur, Nagaland, West Bengal, Sikkim

West

Gujarat, Rajasthan, Maharashtra, Goa

Central

Chhattisgarh, Madhya Pradesh, Bihar, Jharkhand

UNION TERRITORIES

Pondicherry, Chandigarh, Lakshadweep, Daman and Diu

Franchise Details

Anticipated percentage return on investment 40-45%%

Payback Period 1.5 to 2 years

Property Details

Type of property required for this franchise opportunity Commercial

Area Requirement 3000-4000 sft

Preferred location of unit franchise outlet High street of Residential areas

TRAINING DETAILS

Detailed operating manuals for franchisees Yes

Franchisee training location Bangalore, India

Is field assistance available for franchisee ? Yes

Expert guidance from Head Office to franchisee in opening the franchise Yes

Current IT systems will be included in the franchise Yes

AGREEMENT & TERM DETAILS

Do you have a standard franchise agreement? Yes

How long is the franchise term for? 10 Years

Is term renewable? Yes