Snap Fitness hourly compensation ranges from roughly $8.00 per hour for Marketing Representatives to $24.19 per hour for Personal Trainers on an hourly basis on an average. In the United States, the typical Snap Fitness pay varies from around $20,000 per year for Cleaner to $80,000 per year for Owner/Manager. Contents [ hide]
Full Answer
How much does it cost to own a Snap Fitness?
What Does a Snap Fitness Franchise Cost? To buy a franchise with Snap Fitness, you'll need to have at least $100,000 in liquid capital and a minimum net worth of $250,000.Franchisees can expect to make a total investment of $118,805 - $294,565.They also offer financing as well as a discount for veterans.
How much does Snap Fitness pay?
The average Snap Fitness salary ranges from approximately $63,137 per year for Fitness Instructor to $64,519 per year for Personal Trainer. Average Snap Fitness hourly pay ranges from approximately $26.97 per hour for Membership Sales to $74.83 per hour for Personal Trainer.
Why should you franchise with Snap Fitness?
Why Franchise With Snap Fitness . Our transformation story 15+ years of fitness innovation . Over the last 15 years, Snap Fitness has proven that innovation is the key to brand agility. Staying ahead of the latest trends in the fitness industry has given us the ability to constantly evolve our brand to provide the most rewarding fitness ...
How much does it cost to open a fitness franchise?
What Does an Anytime Fitness Franchise Cost? To buy a franchise with Anytime Fitness, you'll need to have at least $100,000 in liquid capital.Franchisees can expect to make a total investment of $94,430 - $523,824.They also offer financing via 3rd party as well as a discount for veterans (Yes - $1,000-$8,500 off franchise fee).
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How much can you make owning an Anytime Fitness?
The average Anytime Fitness reported $384,958 in annual revenue. Revenue can be broken down into three main streams: membership revenue, which makes up a substantial portion of revenue; personal training revenue; and pay-per-visit revenue.
What is the fastest-growing fitness franchise?
AUSTIN, Texas, March 24, 2022--(BUSINESS WIRE)--F45 Training Holdings Inc. ("F45" or the "Company") (NYSE: FXLV) has been recognized as one of 2022's fastest-growing franchises by Entrepreneur.
Who owns Snap Fitness?
Lift Brands, Inc.Snap Fitness / Parent organization
How much do Orangetheory franchise owners make?
Estimated Average Franchise Revenue: $517,000 1- Based on a midpoint investment of $1,378,500 with estimated profits of $51,800 (10% profit margin) it would take about 27 years to recoup your investment.
Is owning a gym franchise profitable?
Yes, fitness franchises offer great profits but not as much as you might think. According to Investopedia, most franchise owners take home around $50,000 per year, but about 7% of franchise owners earn more than $250,000 per year.
Are gyms profitable?
Market research across the USA shows that a gym owner of a medium-sized gym could earn around $150,000 per year. The general setup costs for a medium-sized gym is around $100,000. But your profits for the first financial year could be as little as $50,000.
How many Snap Fitness locations are there?
How many Snap Fitness locations are there in the United States? There are 576 Snap Fitness locations in the United States as of September 30, 2022. The state with the most number of Snap Fitness locations in the US is Minnesota, with 81 locations, which is about 14% of all Snap Fitness locations in the US.
Who is the CEO of Snap Fitness?
Ty Menzies (Jun 1, 2020–)Snap Fitness / CEO
How did Snap Fitness start?
In 2003, Snap Fitness was founded with the idea to develop efficient, convenient and affordable gyms that appealed to everyone from rural areas of the country to major cities. But it wasn't just about location. We focused on creating welcoming environments for gym-enthusiasts and complete beginners alike.
What is the most profitable franchise?
Most Profitable FranchisesDunkin'7-Eleven.Planet Fitness.JAN-PRO.Taco Bell.Orangetheory Fitness.Great Clips.Mac Tools.More items...•
What is Starbucks franchise fee?
What are the Financial requirements for a Starbucks licensed store? You need to pay the licensing fee of between $50,000 – $315,000 and you must have over $1,000,000 in liquid assets to be considered for a licensed store by Starbucks.
How much money do you make owning a franchise?
According to a survey done by Franchise Business Review involving 28,500 franchise owners, the average pre-tax annual income of franchise owners is about 80,000 dollars.
How many Snap Fitness gyms are there in Australia?
There are 233 Snap Fitness locations in Australia as of September 30, 2022. The state with the most number of Snap Fitness locations in Australia is Queensland, with 85 locations, which is about 36% of all Snap Fitness locations in Australia.
How many locations does Snap Fitness have in Canada?
How many Snap Fitness locations are there in Canada? There are 30 Snap Fitness locations in Canada as of September 30, 2022. The province with the most number of Snap Fitness locations in Canada is Ontario, with 9 locations, which is about 30% of all Snap Fitness locations in Canada.
Who owns Anytime Fitness Australia?
Collective Wellness GroupAnytime Fitness Australia is owned by Australia's leading health and fitness franchise management company, Collective Wellness Group, who also includes Orangetheory Fitness and Xtend Barre in its portfolio of brands.
How much is Snap Fitness Australia?
24 hours: Some gyms have 24-hour access. Classes: Yes, often group fitness classes which vary from club to club....GymSnap FitnessJoining fee?$59Costfrom $14.95 p/w24 hours?YesClassesYes9 more columns
What is Snap Fitness?
Snap Fitness is the fast, convenient and affordable workout alternative to traditional “big box” health clubs. They offer members no contracts, state-of-the-art workout equipment and 24/7 safe and secure access to all of our clubs worldwide. Start your business!
How many Snap Fitness locations are there?
With over 2,000 locations open or in development in 26 countries and 1.5 million members worldwide, a Snap Fitness franchise is the top choice for entrepreneurs to bring a high-quality workout experience to their communities.
What is a world gym?
World Gym is an iconic, globally-recognized fitness brand in a booming industry. Invest in a World Gym Franchise and profit from a subscription-based revenue model with multiple revenue streams, backed by proven systems and A-to-Z franchisee support.
Does Snap Fitness have financing?
Additionally, Snap Fitness provides in-house financing to qualified applicants, helping you achieve your goal of starting your own business or growing your existing business.
Does Snap Fitness Work with E2 Visa and EB-5 Visa Candidates?
No. Snap Fitness franchise does not work with E2 Visa and EB-5 Visa candidates.
Is Snap Fitness a Semi Absentee Franchise with a Passive Ownership Opportunity?
Yes. Snap Fitness is a semi absentee franchise and allows passive ownership. A semi-absentee franchise is a business you could start and run while still maintaining a job or other obligation.
What is Snap Fitness?
Snap Fitness is a global leader in the fitness market and we want to set your franchise up for success. We do this by reviewing the number of competing businesses, the population size and the target market size. We also determine whether entering an existing competitive market would be an advantageous proposition.
How many sq ft is Snap Fitness?
A 3,000 sq.ft. - 6,000 sq.ft space is ideal for a Snap Fitness location, with at least a 10” ceiling height, sufficient parking space, and a natural flow of traffic.
How long does it take to get in contact with Snap Fitness?
If you’re ready to join one of the fastest growing industries in the world, fill out the form and a team member will be in contact with you within the next 48 hours. In the meantime, check out some of our available locations for your Snap Fitness gym!
How does Snap Fitness evaluate sustainability?
Our internal team evaluates the sustainability of a Snap Fitness franchise in a potential location by measuring the local community’s previous fitness activity and their level of interest in fitness. We then assess the likelihood of them joining a new gym.
How many Snap Fitness locations are there?
With 2,000 locations open or in development in 18 countries and more than a million members worldwide, a Snap Fitness franchise is the top choice for entrepreneurs to bring a high-quality workout experience to their communities.
Does Snap Fitness have financing?
Additionally, Snap Fitness provides in-house financing to qualified applicants, helping you achieve your goal of starting your own business or growing your existing business.
Does Snap Fitness have financing?
Snap Fitness provides in-house financing to qualified applicants, helping you achieve your goal of starting your own business.
Does Snap Fitness support veterans?
Snap Fitness proudly supports our troops as well as those who have previously served. With such attributes as leadership, teamwork, and a strong sense of community, we feel that veterans make ideal candidates for future franchisees.
