Snap Fitness to open 240 clubs across India in next 3 years – Feedback

As part of its expansion plans, US-based fitness chain Snap Fitness is planning to open around 240 health clubs across the country in the next three years. The company, which entered India in 2008, currently has 60 operating centres across the country.

“Our goal is to have a footprint of 300 clubs over the next three years. Our immediate focus is on opening 20 stores by the end of this year,” Snap Fitness Global CEO and President Peter Taunton told PTI. India has been a very important market for the company and one of the fastest emerging ones in the APAC region, he added. Out of the total 300 health clubs, 270 will be franchise clubs and 30 company owned, he said. “We follow a ‘hub-and-spoke’ model, where we have one company-owned centre and franchise-run locations built around that area,” Taunton said.

http://www.moneycontrol.com/news/wire-news/snap-fitness-to-open-240-clubs-across-indianext-3-yrs_6246301.html

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