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Established Fitness Franchise Adds Brawn of Findley Group


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FOR IMMEDIATE RELEASE
JUNE 10, 2008

June 10, 2008 // Franchising.com // - Featuring more muscle power than ever before, Snap Fitness has found a new workout partner that is getting the chain "in-shape" for unprecedented international growth. The fast, convenient, affordable 24/7 fitness chain with locations across North America and Canada, today announced a new partnership with the Findley Group, the Waco, Texas-based, leading franchise development company led by Gary Findley, former President of Curves International, who was responsible for taking the chain from just a handful to several thousand units worldwide.

"Fitness was a large part of my life, even before I was the president of Curves, so it is exciting to be able to add the first fitness franchise into the Findley Group mix since we launched in 2005," said Findley, whose Findley Group currently represents a wide-array of franchise concepts. "Snap Fitness is already the leader in the "express" fitness center niche domestically due to their affordable investment price and remarkably low overhead; and, through this partnership, we will be able to bring the opportunity to new international locations."

Peter Taunton, founder and CEO of Snap Fitness has brought on Findley's franchise development group as the fitness chain's exclusive international franchise development team. The pair of fitness and franchising industries' icons has joined forces to plan for the mature concepts' strategic global expansion. Additionally, the Findley Group will also assist in developing franchises in the United States, drawing on their proven expertise in the domestic market.

"We are excited about the potential that lies ahead," said Taunton. "In addition to Gary, his team of experts has more than 150 years of combined experience in franchising. Snap Fitness is thrilled to be matched with the perfect partner to take us into the next phase of our development process."

Due to the uniqueness of Snap Fitness' model, the concept has taken the franchising world by storm. Since its start in 2003, Snap Fitness has grown to over 1,500 units in the United States and Canada. From 2006 to 2007, the company grew at an astonishing 750 percent and current company projections call for the chain to top 2,000 units sold by year-end 2008.

"Consumers were starved for a workout destination that was less intimidating than the traditional big-box health clubs yet just as state-of-the-art," Taunton said. "Our guests can find the typically 2,400-square-foot facility in their local neighborhood, walk right in any time of day using their keycard, and workout on professional-quality equipment at a fraction of the price of other chains. It's like having a personal gym a few minutes away."

About Findley Group

Findley Group is a strategic partner to franchise businesses providing customized solutions through all phases of a franchise's development. Founded in 2005, Findley Group is led by the former president and franchise-builder of Curves International, Gary Findley. Under Findley's direction as president, Curves International experienced growth in franchises from 3 locations in 1996 to more than 8,000 in 2004. Currently, the Findley Group is working with several innovative and exciting companies who have unique offerings for today's marketplace. For more information, please visit www.FindleyGroup.com.

About Snap Fitness

Snap Fitness is the convenient workout destination everyone can afford. Ranked 1st on the 2007 Franchise Market "Top 100 New Franchises" list, Snap Fitness is experiencing phenomenal growth with more than 1,500 locations sold nationwide, newly-opened locations in Canada 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.


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