Snap Fitness vs House of Speed Franchise Comparison

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

Start-Up Costs and Fees
 
Snap Fitness Franchise
House of Speed Franchise
Investment $144,798 - $478,762$79,500 - And Up
Franchise Fee $29,500$39,500
Royalty Fee $580/mo.10%
Advertising Fee $275/mo.-
Year Founded 20031998
Year Franchised 20040
Term Of Agreement 5 years-
Term Of Agreement 5 years-
Renewal Fee --


Business Experience Requirements
 
Snap Fitness Franchise
House of Speed 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 directorExtensive business training and sports performance training *Sales = Med *Network / Community Involvement = High *Wants to be involved in kids lives = High

Financing Options
 
Snap Fitness Franchise
House of Speed 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
 
Snap Fitness Franchise
House of Speed Franchise
Training On-The-Job Training: Ongoing Classroom Training: 30 hours 3-5 business days in Aurora, IL
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: 1Number of employees: *Business Manager/Owner *Head Athletic Trainer/Sales *Trainers

Expansion Plans
 
Snap Fitness Franchise
House of Speed Franchise
US Expansion Yes-
Canada Expansion No-
International Expansion Yes-

Company Overviews

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

"franchiserankingscom"
#89 on Franchise Rankings.com

"Entrepreneur
#470 in Franchise 500 for 2020.


About House of Speed

Explosion, Strength, Speed and Flexibility
House of Speed provides the best available sport-specific performance training. House of Speed is continuously developing and refining the most current training techniques, enabling athletes to increase their overall speed, strength, explosiveness, agility and sport-specific ability. Our curriculum and weight training techniques were developed and designed by Don Beebe and Dr. Jeffrey Schutt who are well-known as leaders in the industry. Our athletes compete in a wide variety of sports and are of diverse age ranges and skill levels. Therefore, House of Speed designed its training programs to be diverse to meet the needs of each athlete. For example, our programs incorporate performance training and sport-specific training. Performance training is designed solely to make the athlete faster, stronger, more agile and explosive. Sport-specific training is designed to target athletic ability in the sport in which the athlete competes. House of Speed has a customized training program for every sport, every position, and every skill level. Apply to Become a Franchise 1. Individual Training (1-2 athletes) 2. Small Group Training (3-5 athletes) 3. Group Training (5 athletes or more) 4. Team Training (individual teams) 5. Camps (2-day camps in a specific city) 6. Sport Specific training For more information about owning your own House of Speed franchise please contact [email protected]