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Paysnap payroll pcs3/18/2023 ![]() You should be sure to do your own investigation of the franchise. We pay this person a fee for selling our franchise or referring you to us. A franchise broker or referral source represents us, not you. We use the services of one or more FRANCHISE BROKERS or referral sources to assist us in selling our franchise. THERE MAY BE OTHER RISKS CONCERNING THIS FRANCHISE. YOUR FRANCHISE AGREEMENT MAY BE TERMINATED IF AN AUTHORIZED LOCATION IS NOT DESIGNATED WITHIN 90 DAYS FROM THE DATE OF THE AGREEMENT OR YOUR CLUB IS NOT OPERATING WITHIN 90 DAYS OF THE DATE THE FRANCHISE AGREEMENT WAS SIGNED OR WHEN THE AUTHORIZED LOCATION IS DESIGNATED, WHICHEVER OCCURS LATER. THE FRANCHISE AGREEMENT STATES THAT MINNESOTA LAW GOVERNS THE AGREEMENT, AND THIS LAW MAY NOT PROVIDE THE SAME PROTECTIONS AND BENEFITS AS LOCAL LAW. ![]() IT MAY ALSO COST MORE TO SUE OR ARBITRATE WITH US IN MINNESOTA THAN IN YOUR HOME STATE. OUT OF STATE LITIGATION OR ARBITRATION MAY FORCE YOU TO ACCEPT A LESS FAVORABLE SETTLEMENT FOR DISPUTES. THE FRANCHISE AGREEMENT PERMITS YOU TO SUE OR ARBITRATE WITH US ONLY IN MINNESOTA. Risk Factors: Please consider the following RISK FACTORS before you buy this franchise: 1. BEFORE YOU BUY, CONSIDER WHAT RIGHTS YOU HAVE TO RENEW YOUR FRANCHISE, IF ANY, AND WHAT TERMS YOU MIGHT HAVE TO ACCEPT IN ORDER TO RENEW. ![]() YOU MAY HAVE TO SIGN A NEW AGREEMENT WITH DIFFERENT TERMS AND CONDITIONS IN ORDER TO CONTINUE TO OPERATE YOUR BUSINESS. MANY FRANCHISE AGREEMENTS DO NOT ALLOW YOU TO RENEW UNCONDITIONALLY AFTER THE INITIAL TERM EXPIRES. Call the state franchise administrator listed in Exhibit A for information about the franchisor, about other franchisors, or about franchising in your state. REGISTRATION OF A FRANCHISE BY A STATE DOES NOT MEAN THAT THE STATE RECOMMENDS THE FRANCHISE OR HAS VERIFIED THE INFORMATION IN THIS DISCLOSURE DOCUMENT. Issuance Date: March 15, 2013, as amended December 23,, 2014 SNAP FITNESS FRANCHISE DISCLOSURE DOCUMENTÄ¢ STATE COVER PAGE Your state may have a franchise law that requires a franchisor to register or file with a state franchise administrator before offering or selling in your state. There may also be laws on franchising in your state. Call your state agency or visit your public library for other sources of information on franchising. You can contact the FTC at FTC-HELP or by writing to the FTC at 600 Pennsylvania Avenue NW, Washington, D.C You can also visit the FTC s home page at for additional information. More information on franchising, such as A Consumer s Guide to Buying a Franchise which can help you understand how to use this disclosure document, is available from the Federal Trade Commission. The information in this disclosure document can help you make up your mind. Buying a franchise is a complex investment. Show your contract and this disclosure document to an advisor, like a lawyer or an accountant. Don t rely upon the disclosure document alone to understand your contract. To discuss the availability of disclosures in different formats, contact Gary FindleyScott Schubiger at Snap Fitness, Inc., 2411 Galpin Court, Suite 110, Chanhassen, Minnesota 55317, (952) or at The terms of your contract will govern your franchise relationship. ![]() You may wish to receive your disclosure document in another format that is more convenient for you. Note, however, that no governmental agency has verified the information contained in this document. You must receive the disclosure document at least 14 calendar-days before you sign a binding agreement with, or make any payment to, the franchisor or an affiliate in connection with the proposed franchise sale. ![]() Read this disclosure document and all accompanying agreements carefully. This disclosure document summarizes certain provisions of your franchise agreement and other information in plain English. This includes $57,175 to $105,575 that must be paid to the franchisor or an affiliate. The total investment necessary to begin operation of a single Club ranges from $108,240107,275 to $258,140. a Minnesota corporation 2411 Galpin Court, Suite 110 Chanhassen, MN (952) /brand#snap The franchise offered is a SNAP FITNESS Club ( Club ) featuring state-of-the-art exercise equipment and 24-hour keycard access for members. 1 FRANCHISE DISCLOSURE DOCUMENT SNAP FITNESS, INC. ![]()
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