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resale
Oct 28, 2016 21:32:03 GMT
Post by sundance on Oct 28, 2016 21:32:03 GMT
Does anybody have any thoughts on how to go about selling a club? The Snap Corp. resale is designed to benefit Snap Fitness. These businesses have evolved, and have left me behind after 9 years, and I FEEL HELPLESS TO CATCH UP AT MY AGE. I am in bad health, and need to retire, but I don't want to give away my investment. I pretty much bet the farm years ago when the program made sense, now I have 2 struggling clubs.
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resale
Oct 28, 2016 22:32:08 GMT
Post by determined1 on Oct 28, 2016 22:32:08 GMT
You could list them on craigslist (that's what corp does). You could hire a real estate agent (costs money). Keep in mind that Snap will charge you a transfer fee, which I believe is $15K.
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resale
Oct 29, 2016 14:07:52 GMT
Post by firecrackergirl on Oct 29, 2016 14:07:52 GMT
Sundance- where are you located? I am looking for a resale club. I love helping clubs come up from the ashes. Maybe there is a way I can help.
Also, in the past when I have heard of zees selling, they usually send a mass email to other local Snap owners in their state, to see if they are interested first as its easier for an existing to purchase and the transfer fee is more like $1500 for that
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resale
Oct 29, 2016 18:29:45 GMT
Post by supercool on Oct 29, 2016 18:29:45 GMT
Pretty much all Snap does to "market" your club is list them on Craigslist, and send out mass emails to all your current and past members. Seems like something any owner could do themselves without forking over $500 for a "listing fee."
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resale
Oct 29, 2016 23:33:41 GMT
Post by firecrackergirl on Oct 29, 2016 23:33:41 GMT
Craigslist seems like the most shady way to go about selling. You know what powers that site right? ... corp can do better!
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resale
Oct 31, 2016 1:56:49 GMT
Post by sundance on Oct 31, 2016 1:56:49 GMT
i'm not ready to go public yet firecrackergirl, could you send private contact info?
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resale
Oct 31, 2016 12:34:54 GMT
Post by 3josandjack on Oct 31, 2016 12:34:54 GMT
We are looking to divest our clubs as well. Not willing to pay Snap the money they want for services I can do myself (and seem totally worthless). We had spoken to a few business brokers, but they all are looking for businesses that are very high value (our clubs do well enough, but not high enough in value). Trying to find our direction as well...soon at a point that we may just end up closing doors if we aren't able to find a way to sell.....
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resale
Oct 31, 2016 15:55:06 GMT
Post by firecrackergirl on Oct 31, 2016 15:55:06 GMT
Sundance-- also 3josandjack please email me
shadyside sweetheart at gmail. com
I am located in IL
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resale
Oct 31, 2016 19:52:58 GMT
via mobile
Post by Newcomer on Oct 31, 2016 19:52:58 GMT
Man I really feel for anybody trying to sell a snap franchise. It can't be easy at all! After all buyers are going to want to see the financials. Oh, and don't forget about the $29,000 transfer fee direct deposited at Pete's Lakehouse
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resale
Nov 1, 2016 0:51:45 GMT
Post by ike on Nov 1, 2016 0:51:45 GMT
IM selling a club in PA. message me at ironslayerllc@gmail.com if interested asking 37k not in best of shape
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