"The importance of living a healthy and active lifestyle transcends cultures" Peter Taunton Lift Brands CEO and Snap Fitness Founder said. "Snap Fitness' model has proven successful across multiple continents and with the fitness and business expertise of TwentyTwoYards we are confident America's fitness brand will be embraced by individuals across the pond."
As indicated by the 2014 State of the UK Fitness Industry Report the rapidly-growing low-cost market continues to drive the UK health and fitness industry's growth. Year over year the report found a 4.5 percent rise in the number of health club members. There are three Snap Fitness clubs currently operating and eight in development in the UK but the TwentyTwoYards group plans on opening 200 locations over the next four years.
"In the UK we have an ever-increasing awareness and desire to prioritize personal health and fitness" said Matt Quinn of TwentyTwoYards. "Snap Fitness clubs are helping more people than ever achieve their lifestyle goals and I couldn't be more excited to bring this internationally-proven brand to our country."
Snap Fitness is also expanding its footprint in the Indian market. Since selling its first franchise in 2009 Snap Fitness India has expanded rapidly with 50 clubs open or in development. Snap Fitness India CEO Dr. Virkam B.M. announced plans of opening 300 additional clubs by the end of 2017. The company which is pursuing new locations in cities including Delhi-NCR Bangalore Raipur and Kolkata.
With a total of 500 clubs opening over the next four years in the UK and India Snap Fitness is expecting to increase its number of clubs 25 percent.
"Entrepreneurs around the globe are recognizing the opportunity that Snap Fitness provides – not only is it a win for their portfolio but for the community as well" said Steele Smiley Lift Brands Chief Officer responsible for all domestic and international growth. "We are aggressively looking for the right partners to bring Snap Fitness to other emerging markets."
Under the agreements Snap Fitness provides master franchise partners with exclusive rights to use the fitness brand's trademarks intellectual property and systems for the length of the term. Additionally a dedicated team at Lift Brands headquarters in Chanhassen Minn. works directly with the companies to provide support.Currently Snap Fitness has more than 2000 clubs open or in development in 15 countries.
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