Snap Fitness teams up with Inventure for scaling up existing franchise network
Snap Fitness, the world's fastest growing franchise featuring compact, 24/7 fitness centres across India teams up with Inventure Brand Management Pvt. Ltd. as in Exclusive franchise granting partners for expansion of its franchise network.
- (1888PressRelease) June 03, 2011 - Fitness is in. The industry is growing at 40% year on year. The growth in the industry is only going to increase as fitness has become an evolving need. The stressful lifestyles of people today are creating an increasing health consciousness and fitness consumption; which is expected to grow 25 fold in the next 5 years. The health club industry's fastest-growing segment is the "24/7 express fitness" segment - and Snap Fitness is the segment's growth-rate leader.
Snap Fitness offers fast, convenient and affordable workouts in a state-of-the-art fitness centre to enjoy the same quality equipment and workout experience offered in traditional "big box" health clubs - but without the swarming parking lots, long waiting lines and overstated monthly charges. Snap Fitness also gives the benefits of personal training and world class equipment without crowded gym and high cost, 24 hours a day and 7 days of the week.
Snap Family takes every step of the way with their franchisees like initiating from real estate assistance, designing facility, recruitment and training the staff, Pre- Opening training at HQ, till marketing, sales and operational support.
"We are pleased to team up with Snap Fitness and hope that the increasing franchising opportunities would help the brand to expand its network across the country. Our strategy for the brand would be to increase the growth and network with pan India presence." - Mr. Rajeev Manchanda, Director, Inventure Brand Management Pvt. Ltd.
"At Snap Fitness, we believe in turning wellness into wealth for every entrepreneur with right choice, right industry and right price." With respect to the kind of franchisees and investment needed Dr. Vikram informed, "We are looking for franchisees that have a passion for fitness industry and running a business. In terms of investment a franchisee needs to invest around Rs One crore which includes fees and the equipments etc."
About Snap Fitness
SNAP Fitness was founded in March 2003 by Peter Taunton who has 25 years of experience in the fitness industry. Headquartered in Chanhassen, MN. Snap is the world's fastest growing fitness chain with a global presence spread across US, Canada, Mexico, Australia and India with more than 2200 clubs signed and 1450 locations opened. Snap Fitness represented by Force Fitness India Pvt. Ltd. in India, headed by Dr. Vikram B.M started operations in July 2008. Since its inception Snap has successfully launched 22 clubs in India. For more information, please visit www.snapfitnessindia.com
About Inventure
Inventure as a management consulting firm has an unparalleled depth of knowledge and resources combined with functional and industry expertise for geographical reach. We help leaders make distinctive, lasting and substantial enhancement to the performance of their organizations. We tackle their most difficult issues and serious challenges. We believe in teamwork and collaboration and share a structured problem- solving approach, where all options are considered, researched and analyzed carefully before recommendations are made. For more detailed information visit us at www.inventureindia.com
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