Snap Fitness Recognized as One of Twin Cities' Fastest Growing Companies By Minneapolis/St. Paul Business Journal

Growth is a 'snap' for fastest growing fitness franchise

November 06, 2009 // // Chanhassen, Minn - Snap Fitness, the fast growing franchise system featuring compact, state-of-the-art fitness centers has 'muscled' its way to the top of the Minneapolis/St.Paul Business Journal's "Fast 50".

Unveiled on October 22, Snap Fitness leads the list fastest-growing private companies in Minnesota with a growth rate of 638 percent since 2006 and 2008 revenue of nearly $32 million.

"We are truly honored to be recognized as the fastest growing company in our home state," said Peter Taunton, Founder and CEO of Snap Fitness. "We look forward to building on our continued success and growing worldwide in 2010."

Launched in 2003, Snap Fitness offers members a fast and convenient workout alternative to traditional "big box" health clubs, including access 24 hours a day, seven days a week and the industry's best equipment, allowing members to get the same quality workout experience at a lower cost and with no contracts.

"Our more than 400,000 satisfied members, combined with our triple-digit revenue growth, proves we're honed in to what consumers want and expect from their fitness program," Taunton added.

Today, Snap Fitness has nearly 2,000 locations open or under development worldwide and consistently opens 300-400 new clubs each year. Company plans call for a total of 2,500-3,000 centers within the next five years. In addition to being in nearly every state, Snap Fitness also operates clubs in Canada, India and Mexico, and recently launched its expansion into Australia and New Zealand.

About Snap Fitness, Inc.

Fresh off its #3 ranking on Entrepreneur Magazine's list of Top New Franchises and recently ranked #1 on Franchise Market's Top 100 New Franchises, Snap Fitness ( is experiencing phenomenal growth with more than 1,800 locations sold nationwide 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 and world wide.


Share this Story:


comments powered by Disqus

Franchise News Room »

News By Industry »

Featured Opportunities

Jimmy's Egg
Jimmy's Egg is now offering a unique opportunity to a select number of franchisees seeking to develop our proven brand in new markets.
Smoothie Factory
Are you interested in a health conscious franchise opportunity in a growing smoothie industry that does over $2 billion in annual sales in the United...
Put down the burger, the pizza or the nachos. Those categories are saturated and it is next to impossible to find real estate.
Delta Disaster Services
The Delta Disaster Services Franchise can put you in the multibillion dollar restoration industry with an average profit margin of 43%. Can you...
Start a fitness business with one of the best, manager-run franchise models in the industry. FIT36® delivers a proven business model backed by a...

Subscribe to Express

A Franchise Update Media Production
Franchise Update Media | P.O. Box 20547 // San Jose, CA 95160 // PH. (408) 402-5681
Copyright © 2001 - 2017. All Rights Reserved.

In Loving Memory Of Timothy Gardner (1987-2014)