Snap Fitness, Island Lake, Illinois: $250,000 USD
Fitness and Training

Snap Fitness

Snap Fitness franchise for sale in Island Lake, Illinois

List Price: $250,000 USD

Key Facts

Annual Gross Revenue

$240,948 USD

Cash Flow

Upon Inquiry

Seasonal Business

No

Value of Inventory

$100,000 – $150,000

Value of Assets

$100,000 – $150,000

Year Established

2014

Business Operates From

A retail location

Location Is

Leased

Approx. Monthly Rent

$6,000

Total Employees

Less than 10

1–3 Months

Transition
Support

Somewhat

Price/Terms
Flexibility

Significant

Seller financing Available

Part-time

Owner
Involvement

About this Business

Snap Fitness Island Lake is a fully equipped, operational cash flow positive franchise with a strong community
reputation and established membership base. The club is part of Snap Fitness’ global network
of 1,000+ gyms offering convenient 24/7 access, premium equipment, and a proven business
model.
The club features updated cardio and strength equipment, a modern layout, and a welcoming
atmosphere that aligns with Snap Fitness’ “For the Feeling” brand identity. Ideal for an
owner-operator or investor looking for a profitable, semi-absentee model with minimal startup
risk.

Highlights
• Established location with stable membership base.
• 24/7 access model with secure key-card entry.
• Fully equipped ‒ no major upgrades needed.
• Turnkey operation: staff, systems, and memberships in place.
• Recurring revenue from EFT memberships.
• Comprehensive franchisor support in training, marketing, and systems.
• Growth potential through expanded personal training and marketing outreach

There is space available for expansion.  We also have a brand new Snap building sign installed.

Transition Support Available
Current owner will assist during transition and provide local marketing and operational
handover. Snap Fitness corporate also provides full training and onboarding for new franchisees.

 

 

Growth opportunities

The building includes four suites, with the club currently occupying two and two remaining vacant. This provides a low-risk, optional growth opportunity for a future owner to expand over time. The additional space offers long-term upside and flexibility to enhance services or amenities as demand supports expansion, without immediate obligation.

Owner's Day-to-Day Involvement

Owner operates in a semi-absentee role averaging ~15 hours per week. Responsibilities include bill pay and financial oversight, handling escalated member questions beyond staff, managing staff and cleaning personnel, and ensuring the gym is stocked and maintained. Daily operations are supported by trained staff, allowing flexibility for a new owner.

Asset Description

5 Treadmills, 2 Climb mills, 3 seated ellipticals, 3 standing ellipticals, 2 bikes, rower, standing pull down rower, 2 squat racks, 1 smith squat rack, 3 bench press (3 different inclines), 16 assorted Matrix weight adjustable machines, twin Matrix power cable station, 2 supine plate loaded bench press, dumbbells up to 120 lbs, 7 Matrix adjustable utility benches, stability balls, kettlebells, exercise mats, bands, ropes, cubbies, water refill station, washer and dryer.

Reason for Selling

The owner has truly enjoyed building relationships with the members and fostering a positive, welcoming gym atmosphere. Due to increasing commitments with a full-time corporate role, the owner is moving in a different professional direction and is seeking the right buyer to continue serving the community.

Why I Love My Franchise

Snap Fitness has been a franchise we truly love owning. The brand’s supportive culture, 24/7 access model, and focus on community allowed us to build genuine relationships with members and create a welcoming, judgment-free gym. It’s been rewarding to watch members feel comfortable, supported, and successful in this environment.

About Snap Fitness

Snap Fitness is a global 24/7 gym franchise that caters to fitness enthusiasts seeking flexible, round-the-clock access to well-equipped fitness facilities. Established in 2003, the brand has expanded to over 2,000 locations worldwide, offering a comprehensive range of fitness equipment, personal training, and group classes. Snap Fitness emphasizes affordability and convenience, appealing to busy individuals who need flexible workout schedules. The franchise model is designed to support franchisees by helping them to deliver a high-quality fitness experience. With its focus on member satisfaction, community engagement, and easy access, Snap Fitness remains a leading contender in the competitive fitness industry.

Franchisee Support

Snap Fitness provides extensive support to its franchisees to ensure success in the fitness industry. New franchisees undergo a thorough onboarding program covering operations, marketing, and member engagement. The company offers real estate assistance for optimal site selection and has partnerships with financial institutions for funding support. Ongoing support includes a dedicated franchise team, marketing resources, and a franchisee portal for analytics and operational tools.

Brand Accolades & Awards

Snap Fitness has been recognized as one of the Top 200 Franchises by Entrepreneur magazine. The brand has also received accolades for its innovative fitness solutions and commitment to member satisfaction. Its rapid growth and effective franchise model have earned Snap Fitness a reputation as a leader in the 24/7 gym sector.

Industry / Market

The global fitness market is projected to reach $105 billion by 2027, growing at a CAGR of 8.7% from 2020. Snap Fitness is strategically positioned to capitalize on this growth by providing flexible, accessible fitness solutions that appeal to busy individuals prioritizing health and wellness. The brand's focus on affordability, community, and convenience aligns well with the evolving preferences of fitness consumers, especially in the post-pandemic era.

Ideal Owner

The ideal Snap Fitness franchisee is a fitness enthusiast with a passion for health and wellness. They should be energetic, customer-focused, and capable of managing a gym environment. Experience in the fitness or health services industry is beneficial, along with strong leadership and marketing skills to promote memberships and engage with the local community.