FDD Analysis 2025 FDD

Snap Fitness Franchise Disclosure Document (FDD): Key Facts & Financials

The Franchise Disclosure Document (FDD) is a legal document that franchisors must provide to prospective franchisees at least 14 days before any agreement is signed or money changes hands.

This page summarizes the key facts and financials from Snap Fitness's FDD, including franchise costs (Item 7), ongoing fees (Item 6), financial performance data (Item 19), and unit growth trends (Item 20).

What the Snap Fitness FDD Covers

Required disclosure items from the franchisor

Franchisor Background

Items 1-4: Company history, litigation, bankruptcy

Fees & Costs

Items 5-7: Initial fees, ongoing fees, total investment

Obligations & Restrictions

Items 8-16: Purchasing, territory, trademarks

Financial Performance

Item 19: Revenue data provided

Franchise Costs (Item 7 Summary)

Initial investment required to open a franchise

Total Initial Investment$430,800 - $1,118,100
Franchise Fee$39,500

Investment Breakdown

Initial Franchise Fee(2)$39,500 - $39,500
Build-Out Labor Costs(3)$120,000 - $240,000
Leasehold Improvements(3)$80,000 - $280,000
Exterior Signage$10,000 - $20,000
Furniture and Fixtures$25,500 - $56,300

+ 5 more categories

Ongoing Fees (Item 6 Summary)

Recurring fees paid to the franchisor

Royalty Fee—
Marketing/Advertising Fee—

Other Ongoing Fees

Membership Maintenance FeeVaries
New Membership FeeVaries
Technology FeeVaries
Door Access CardsVaries
Insurance Reimbursement Processing FeeVaries

Item 19 Financial Performance

Revenue and financial data (if disclosed)

Median Revenue$214,821/year
Disclosure Year2025
Reporting Units—
Revenue VarianceModerate variance (typical spread)

Unit Growth & Franchisee Behavior (Item 20)

Franchise system size and trends

493

Total Units

-27

Net Growth (YoY)

-5.2%

Growth Rate

Franchised Units484
Company-Owned Units9

What the FDD Doesn't Make Obvious

Key considerations beyond the disclosure

Legal History

This FDD discloses litigation history. Review Item 3 carefully to understand the nature and outcome of any legal proceedings.

Real Estate & Location

FDDs often understate the challenge of finding suitable real estate. Site selection, lease negotiation, and buildout timelines can significantly impact your total investment and time to open.

Working Capital Needs

Initial investment ranges often assume a best-case scenario. Many franchisees need additional working capital during the ramp-up period, especially in the first 6-12 months of operation.

Related Resources

Snap Fitness Overview

Full franchise profile and details

Is Snap Fitness Worth It?

Investment analysis and evaluation

Health & Fitness Revenue Rankings

Compare revenue across the industry

All Health & Fitness Franchises

Browse all brands in this industry

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