FRANCHISOR OPPORTUNITIES
Health Care & Fitness
FORCE FITNESS INDIA PVT LTD
Category: Health Care & Fitness
Area: 3000-4000 Sqft
No. of Franchise Outlet: 250
Investment:Rs 1 cr - Rs 1.5 cr
Business Details
Snap Fitness, Headquartered in Minneapolis USA is the world’s fastest growing health club chain with a global presence of 2500 + clubs spread across US, Canada, Mexico, Australia, New Zealand, England, Egypt and India. Launched in the year 2008 in India, SNAP fitness currently is one of the top three players in the fitness industry and is represented by Force Fitness India Pvt Ltd (Master franchisee). As of 2014 Snap Fitness has successfully launched 50+ clubs in India covering the major cities of Bangalore, Delhi,Chennai, Hyderabad & Mumbai and is currently in the midst of an aggressive plan to spread the “BE WELL” lifestyle with a vision of 100 clubs by 2015 and 300 clubs across the country by 2018. Snap is designed to be your own 'fast-convenient-affordable' neighbourhood gym open 24/7 in a safe and secure environment. With Snap you get all the benefits of Personal training, Nutrition counselling and World class top of the line equipments at affordable prices. Snap offers a more sustainable alternative to traditional `big box` health clubs with lower investment/ operational costs and much better returns. With a robust business model, above industry average ROI and backed by a dedicated team offering start to finish project support, Snap Fitness is now inviting Franchises to be part of the booming fitness industry. Franchise Facts: Area Required: 3000-5000 sq. ft Investment: Rs. 1 Cr. - Rs. 2 Cr Franchise/Brand Fee: Rs 12.5 lakhs Royalty/Commission: Rs 85,000 per month Franchisor Support: Site selection and lease negotiation Equipment selection and buildout assistance Presales and club opening support Franchisee training will be done at Bangalore, India Detailed operating manuals for franchisee Field assistance is also provided to the franchisee Experts from head office also assist in setting up the franchise Ongoing monthly training and sales seminars Franchise Benefits: Benefit of renewable franchise term Reputed brand name & logo High returns on investment
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FORCE FITNESS INDIA PVT LTD Investment Detail
Date Commenced Operations
:2008
Date Commenced Frachising / Distribution
:2008
Are you looking for Franchise ?
Unit
Area
Investment
Storewise
Rs 1 cr - Rs 1.5 cr
Is there exclusive territorial rights given to a unit franchise?
:Yes
Are any performance guarantees given to unit franchisees?
:No
What is the anticipated percentage return on investment?
:45 %
What is the likely pay back period of capital for a unit franchise?
:2 Years
Are there other investment requirements?
:
FORCE FITNESS INDIA PVT LTD Property Details
What type of property is required for this franchise opportunity?
:Commercial
Floor area requirement
:3000-4000 Sqft
Preferred location of Franchisee outlet:?
:High street of Residential areas
FORCE FITNESS INDIA PVT LTD Training Details
Do you currently have detailed Operating Manuals for franchisees?
:Yes
Where is the franchisee training done?
:At Head Office
Is field assistance available for franchisees?
:Yes
Will someone from Head Office assist me when I open my franchise?
:Yes
What IT systems do you presently have that will be included in the franchise?
:
FORCE FITNESS INDIA PVT LTD Other Details
Do you have a standard Franchise Agreement?
:Yes
How long is the franchise term for?
:10 Years
Is the term renewable?
:Yes