HipKidz vs Snap Fitness Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of HipKidz vs Snap Fitness including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
HipKidz Franchise
Snap Fitness Franchise
Investment $250,000$144,798 - $478,762
Franchise Fee $20,000$29,500
Royalty Fee 7%$580/mo.
Advertising Fee -$275/mo.
Year Founded 20062003
Year Franchised 20102004
Term Of Agreement -5 years
Term Of Agreement -5 years
Renewal Fee --


Business Experience Requirements
 
HipKidz Franchise
Snap Fitness Franchise
Experience -"What I want is somebody who is a fitness nut: a personal trainer, somebody who comes from running a health club themselves. The economics of it are second to me." - Joey Aunan, franchise development director

Financing Options
 
HipKidz Franchise
Snap Fitness Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/-No/Yes
Start-up Costs -/-No/Yes
Equipment -/-Yes/Yes
Inventory -/-No/Yes
Receivables -/-No/No
Payroll -/-No/No

Training & Support
 
HipKidz Franchise
Snap Fitness Franchise
Training - On-The-Job Training: Ongoing Classroom Training: 30 hours
Support -Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform
Marketing -Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing
Operations -Absentee Ownership Allowed Number of Employees Required to Run: 1

Expansion Plans
 
HipKidz Franchise
Snap Fitness Franchise
US Expansion -Yes
Canada Expansion NoNo
International Expansion NoYes

Company Overviews

About HipKidz

Chidren's Sports and Fitness centre for kids between the ages of 5-13 and is pretty high tech but great fun. The Process of Franchising will commence in Autumn 2010. To register your interest please email us at [email protected]

About Snap Fitness

Thanks for your interest in owning a Snap Fitness franchise. If you are looking for a proven, affordable and trail-blazing concept in a growing industry, you've come to the right place! Today more than ever, people know it's important to be fit. Their challenge is squeezing exercise into busy lives. With Snap Fitness, you provide the solution, bringing fast, convenient and affordable workouts into their neighborhoods - minutes from their doorsteps - with your own compact, 24/7 state-of-the-art fitness center. The Industry's Fastest-Growing Fitness Franchisor Our first club opened in 2004. Today, with more than 1,500 sold in the United States and Canada, we rank #1 on Franchise Market Magazine's Top 100 New Franchises* and #3 among Entrepreneur Magazine's Top New Franchises**. A Snap Fitness franchise is easy to afford, easy to manage - 70% of our franchisees are absentee owners - and easy to market. As important, you'll find us to be trustworthy partners. Our success is driven by a single-minded focus to make YOU successful and Christian principles that guide us to treat everyone with dignity, respect and fairness. Take Your First Step Towards Freedom and Fulfillment We invite you to take a close look at us as an opportunity to turn wellness into wealth and to live your dream with a degree of freedom and flexibility not possible in the traditional work world. We stand ready to help you determine if a Snap Fitness franchise is right for you. You can contact a sales consultant right now. Thanks again for stopping by, and - be well.

Veteran Incentives  $5,000 off franchise fee

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#89 on Franchise Rankings.com

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#470 in Franchise 500 for 2020.