“Less than six years after opening its first club, Snap Fitness, the fast growing franchise system featuring compact, state-of-the-art fitness centers, announces the opening of its 1,000th club in Saint Paul, Minnesota. Having opened its first franchise in 2004, Snap Fitness is the fastest franchise system to reach 1,000 club openings in such a short period of time. Today, the burgeoning brand operates clubs in 48 states, Canada, Mexico and India – serving more than half a million members – with additional clubs currently being developed in Australia and New Zealand. ‘Snap Fitness has grown at such a rapid pace because we offer what consumers increasingly want – a fast, convenient and affordable workout solution – and offer an appealing franchise opportunity to potential investors and club owners,’ said Peter Taunton, CEO and Founder of Snap Fitness. ‘This is a tremendous milestone for us, as we launched our franchise in Minnesota and are now opening our 1,000th club where it all began.’ Economically, the fitness industry has proven to be recession-proof, averaging an 8% annual growth rate since the early 1990s.”
http://www.franchising.com/pressreleases/13864/
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