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FITNESS, HEALTH, WELLNESS

Latest news

Snap Fitness to launch flagship site amid major rollout

Snap Fitness aims to more than double its UK footprint by the end of this year, with the franchise hoping its meticulously honed property acquisition strategy will begin to pay dividends.

Matt Quinn, owner of TwentyTwoYards, set up a master development agreement with Snap Fitness to bring the franchise to the UK last year, with initial plans to open 200 sites over the next four years. As has been the case with many gym businesses, the team found sourcing suitable properties tougher than anticipated, but believe they have now hit upon a formula that will allow them to hasten expansion.

“The hard part has been finding sites and there’s been a lot of homework involved in identifying areas that are underserved by the existing market,” said sales manager Isaac Buchanan, who together with new CEO Todd Howard - the largest private owner of Snap franchises in the world - has taken the lead on developing the strategy which sees potential sites sourced predominantly in-house.

“We’re at that stage now where things are starting to move and we’ve got great partners coming in who are hungry to drive the business forward. We’ve developed a good structure for site acquisition, so there are properties in place ready for franchisees to take them on.”

With five Snap Fitness clubs currently in operation, the team hope to open a further five to ten sites by Christmas, including a new flagship club in St Neots that will be operated in-house as opposed to being launched with a franchisee.

The new sites will be approximately 5,000sq ft (464.5sq m) and feature a selection of gym equipment from Matrix Fitness, Cybex, Technogym, Octane, with MyZone also on offer. Memberships will typically cost around £30 per month, with Quinn eager to remain focused on bringing new people into gyms.

“We want to define value in the mid-tier segment of the industry, at a price point that’s affordable,” added Quinn.

“We’re focusing on the 87 per cent not currently signed up to a gym and believe that identifying underserved locations and offering a clearly defined point of difference will help us to achieve this.”

Snap Fitness aims to more than double its UK footprint by the end of this year, with the franchise hoping its meticulously honed property acquisition strategy will begin to pay dividends.
HAF,FIT,IND,PHR
309762_434533.jpg
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Latest news

Snap Fitness to launch flagship site amid major rollout

Snap Fitness aims to more than double its UK footprint by the end of this year, with the franchise hoping its meticulously honed property acquisition strategy will begin to pay dividends.

Matt Quinn, owner of TwentyTwoYards, set up a master development agreement with Snap Fitness to bring the franchise to the UK last year, with initial plans to open 200 sites over the next four years. As has been the case with many gym businesses, the team found sourcing suitable properties tougher than anticipated, but believe they have now hit upon a formula that will allow them to hasten expansion.

“The hard part has been finding sites and there’s been a lot of homework involved in identifying areas that are underserved by the existing market,” said sales manager Isaac Buchanan, who together with new CEO Todd Howard - the largest private owner of Snap franchises in the world - has taken the lead on developing the strategy which sees potential sites sourced predominantly in-house.

“We’re at that stage now where things are starting to move and we’ve got great partners coming in who are hungry to drive the business forward. We’ve developed a good structure for site acquisition, so there are properties in place ready for franchisees to take them on.”

With five Snap Fitness clubs currently in operation, the team hope to open a further five to ten sites by Christmas, including a new flagship club in St Neots that will be operated in-house as opposed to being launched with a franchisee.

The new sites will be approximately 5,000sq ft (464.5sq m) and feature a selection of gym equipment from Matrix Fitness, Cybex, Technogym, Octane, with MyZone also on offer. Memberships will typically cost around £30 per month, with Quinn eager to remain focused on bringing new people into gyms.

“We want to define value in the mid-tier segment of the industry, at a price point that’s affordable,” added Quinn.

“We’re focusing on the 87 per cent not currently signed up to a gym and believe that identifying underserved locations and offering a clearly defined point of difference will help us to achieve this.”

Snap Fitness aims to more than double its UK footprint by the end of this year, with the franchise hoping its meticulously honed property acquisition strategy will begin to pay dividends.
HAF,FIT,IND,PHR
309762_434533.jpg

Latest news

Fast Fitness Japan, master franchisee of Anytime Fitness in Japan, has acquired Eighty-8 Health &
Xplor Technologies has unveiled a financing solution for small businesses, which aims to counter the
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Peloton Interactive Inc is believed to be working to get its costs under control in
Equinox, has teamed up with health platform, Function Health, to offer 100 comprehensive laboratory tests,
Having good levels of cardiorespiratory fitness cuts disease and premature death by 11 to 17
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Operators, prepare to revolutionise the way members connect with personal trainers in your club, with the ground-breaking Brawn platform.
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Sponsored
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HCM magazine
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Taking care of your physical and mental health is essential for a fulfilling life
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Complaints about group exercise have become a thing of the past for the Reynolds Group thanks to its partnership with CoverMe, a digital platform that simplifies group exercise and PT management for clubs and instructors.
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Company profile: Perfect Gym Solutions S.A.
Perfect Gym is a global software provider specialising in fitness and recreation facility management solutions. ...
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With an award-winning portfolio of over 450 pieces of cutting-edge, premium fitness equipment, Pulse Fitness ...
Supplier Showcase
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Catalogue Gallery
Click on a catalogue to view it online
Featured press releases
ABC Trainerize press release: New ABC Trainerize Webinar: How to earn more with clients and members you already have
ABC Trainerize, a leading software platform for the fitness industry, recently ran a webinar for studio and gym owners on how to increase gym revenue with Gym Launch CEO, Cale Owen.
Featured press releases
Alliance Leisure Services (Design, Build and Fund) press release: £26 Million Investment Paves The Way For Health and Wellbeing Hub At Lincolnshire Sport Complex
South Holland District Council has bolstered its successful £20 million UK Government, Levelling Up Fund bid with a £6 million investment to see the Castle Sports Complex in Spalding transformed into a health and wellbeing hub to drive positive health outcomes for residents across the district.
Directory
Snowroom
TechnoAlpin SpA: Snowroom
Flooring
Total Vibration Solutions / TVS Sports Surfaces: Flooring
Spa software
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Lockers
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salt therapy products
Saltability: salt therapy products
Cryotherapy
Art of Cryo: Cryotherapy
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Loughton, IG10
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