FDD Talk: Let’s Take a Closer Look at the Average Member Numbers, Projected Revenues and Projected Earnings for Snap Fitness Clubs
Average Member Numbers for Snap Fitness Clubs (Item 19, 2011 FDD)
1. In 2010, the average number of members per month for the 773 Snap Fitness clubs that operated for a full 24 months as of December 31, 2010 (15 corporate owned clubs and 758 franchised locations) are:
Top Third (258 clubs): 740 members
Middle Third (258 clubs): 469 members
Bottom Third (257 clubs): 305 members
2. Of the 773 Snap Fitness clubs that have been open for 2 years as of December 31, 2010, 97 (13%) have more than 740 members, 387 (50%) have more than 469 members, and 523 (68%) have more than 305 members.
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