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Post by cheryl on Apr 27, 2017 23:01:52 GMT
I remember someone posting this before. The locations are listed at www.snapfitness.com/locationsI can't remember how many US locations there were a few months ago. So I'm not sure if the number has changed or stayed the same 4/27/17 It's 985 US Clubs Not sure how many are corporate and how many are franchisees. I figure with this subject line it'll be easier to find and track
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Post by Tired Franchisee on Apr 30, 2017 5:18:45 GMT
My guess is it is quite a bit lower than Snap wants anyone to see.
We can get an estimate if we all reply:
I live in the mid west:- and can confirm 60-70 % of the snaps around us are GONE. 11 within a 60 mile radius- gone.
Check out your state/ area and report it here.
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Post by greenergrass on Apr 30, 2017 13:07:58 GMT
Earlier this month, I pulled the info and put it in excel. Since then, one was added in NY and one added in TN. So "we" are up two. However, if I had started at the end of 2016, the status could be a negative because in our state, we have lost more than a few since December. And I am unaware of any that were added.
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Post by swtexan on May 1, 2017 9:31:59 GMT
Over the past 4 years, 80% of Snaps in my area have closed.
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Post by firecrackergirl on May 1, 2017 18:55:57 GMT
I was told 985 clubs. However, every Snap I have worked at and every Snap currently around us that we know P&Ls on is struggling. Including ours
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Post by greenergrass on May 2, 2017 14:50:55 GMT
Is there any Snap Fitness location near a PF that will actually survive, that is actually profitable? Will corporate just let these locations close, and not reopen, if they do not modernize? We have had several locations in our area close and not reopen because they are near at least one cheap gym. Is the coporate move toward fewer, but high end, boutique gyms? They make up the difference with all the 9Round locations popping up every where. No care that people have spent a lot of their own money on this business with no choice but to cut the losses and close rather than spend more money on corporate's latest scheme. I'm not disengaged - I'm disgusted and disillusioned, and distrusting of corporate.
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Post by snaplongtimer on May 2, 2017 15:26:49 GMT
I knew of one snap club where a pf moved in across the street. Everyone's worst nightmare. Monthly fees crashed to compete, but I think pf had the wood floor and wall murals which killed the competition.
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Post by determined1 on May 2, 2017 16:22:38 GMT
In our area the number is accurate, but we haven't seen a club close for about 5 years.
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Post by determined1 on May 3, 2017 21:26:46 GMT
Here's something to think about though...
If you're trying to convince someone to buy into your franchise what's the main thing you want to emphasize?
Helping out the community and lining the pockets of the snap mafia
No!! Sit down!!
You want to make it look like it's a no brainer to open a snap and make lots of money. To do that you need to shut down the struggling clubs. If they don't reopen that's fine. You'll make a lot more getting a new club in a start-up phase. Asked why any other clubs shut down you simply plead ignorance or blame a disengaged owner. Figures lie and liars figure. The plan of a swindler.
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Post by snaplongtimer on May 4, 2017 15:15:21 GMT
The process they have of evaluating a potential site for a new club is quite different than it used to be. When I started they would send a free demo study and that's it. I remember getting verbal praise for a site on the phone, but of course, never anything written. The risk was all yours with little to no evaluation on corp's part. Since their process is so much better now, I guess it only makes sense they would want to clear out the struggling clubs that didn't know any better back then and start fresh with their updated process of finding better locations for future clubs. That's an interesting thought Determined. Getting rid of the struggling clubs raises the average of successful clubs and makes the investment seem like a better one. In time, the cycle will repeat again I am sure. For now, they are probably willing to take a couple steps backward to "reset" and then proceed forward from there.
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Post by snaplongtimer on May 17, 2017 15:01:31 GMT
After looking at Entrepreneur.com, it looks like the corp clubs totals are taking a beating over the last couple few years. US franchises dropping as well this year from last. Overseas continue to rise most likely because they haven't caught on yet. What is going on with the decline in corp club totals? They're not being sold within the states because that total is declining as well.
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Post by snaplongtimer on May 17, 2017 16:25:46 GMT
Hmmmm..Could it be corp is trying to clean up these clubs and sell off the brand? That extreme change in corp clubs over 4.5 months..hmmmm.
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Post by cheryl on May 18, 2017 4:10:30 GMT
Here's what I see from that site for US clubs Franchisee clubs 2009 - 893 2010 - 972 2011 - 1013 2012 - 1023 2013 - 978 2014 - 947 2015 - 922 2016 - 930 2017 - 920
Corp Clubs 2009 - 12 2010 - 25 2011 - 39 2012 - 80 2013 - 120 2014 - 125 2015 - 125 2016 - 78 2017 - 56
Total 2009 - 905 2010 - 997 2011 - 1052 2012 - 1103 2013 - 1098 2014 - 1072 2015 - 1048 2016 - 1008 2017 - 976
Kinda obvious that they're moving in the wrong direction Absentee owners allowed Number of employees needed: 1 (Hahahahahahaha)
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Post by cheryl on May 18, 2017 4:19:01 GMT
Also, from snapfitness.com/locations - 10 clubs have bitten the dust in just 2 weeks (985 to 975). That's almost a club a day. But hey, if you force those less profitable clubs out of picture it makes it look like the average club does much better.
Hmmm, how to do that? 1. Visit those clubs 2. Tell them they have to spend gobs of money to modernize or they're in default. 3. No money? Fine - CLOSE
average revenue increases
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Post by snaplongtimer on May 18, 2017 15:37:18 GMT
They are probably moving in the right direction according to their internal compass of which we do not have the pleasure of looking at. If the decline in corp clubs continues, I am going to guess that by the end of the year or convention time all the corporate clubs will be sold off or closed. Realistically, why would a corp club close? When they buy a ridiculously successful club from a franchisee, they remodel it and put the latest gizmos, gadgets and equipment line they have. Oh...new carpet, wood flooring and color too. No member in their right mind would want to leave. If these corp club numbers are accurate and the decline in corp club ownership is real, they are cleaning up their invested interests for a big announcement at the convention. Wouldn't that be a something for snap owners to hear at the convention, "Due to our change in direction and our extremely full plate, we need to to sell off the rest of snap fitness to an investment company. They will stick around after this presentation for any questions you may have of them. Good luck!"
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