Franchise financing
SNAP FITNESS franchise financing
What it costs to finance a SNAP FITNESS franchise and how buyers fund it. The real numbers: how much gets borrowed, which lenders fund it, and the track record.
By Mario Bailey · Source: SBA FOIA data, as of 2026-03-31
- SBA loans
- 242
- Total funded
- $50.6M
- Median loan
- $150K
- 7(a) charge-off
- 6.3%
What financing a SNAP FITNESS franchise costs
The median SBA loan to a SNAP FITNESS franchisee is $150K, and the middle half of SNAP FITNESS's 242 loans run $84K to $275K (average $209K). Across all SBA-financed franchises the median loan is $350K. SNAP FITNESS buyers borrow less than the typical franchisee.
These are loan amounts, not the brand's total startup cost. Buyers also put in equity (the SBA generally wants at least 10% down on a new franchise), and the brand's own investment estimate is Item 7 of its franchise disclosure document (FDD). The median SNAP FITNESS loan runs 10 years. Model your numbers with the franchise financing calculator.
Of the 231 SNAP FITNESS loans where the SBA recorded a business age, 44.6% went to new businesses two years old or younger. The rest funded existing operations.
How to finance SNAP FITNESS
SNAP FITNESS franchisees have financed with 242 SBA loans since FY2010, averaging $209K each. The 7(a) program is the usual route: it covers the franchise fee, build-out, equipment, and working capital (223 of the 242 loans). Lenders weigh your credit, management experience, and the brand's track record alongside the equity you bring.
SNAP FITNESS's 7(a) charge-off rate is 6.3% across 223 loans, a relative track-record signal lenders and buyers weigh, not a guarantee. See how that compares across franchises.
Lenders that finance SNAP FITNESS
By SBA loan count
Where SNAP FITNESS gets funded
Top states by loan count
- 1. Minnesota 60
- 2. Wisconsin 25
- 3. Colorado 7
- 4. Texas 9
- 5. Michigan 17
- 6. New York 4
- 7. Washington 9
- 8. Pennsylvania 6
Financing a SNAP FITNESS?
Get matched with the SBA lenders that actually fund businesses like yours, ranked on real loan data by state, industry, and size. Independent: your details go only to the lenders we match you to, never to data brokers.
SNAP FITNESS SBA financing FAQ
How much does a SNAP FITNESS franchise cost?
The public SBA data shows what buyers actually borrow, not a sticker price: the median SBA loan to a SNAP FITNESS franchisee is $150K, and the middle half of SNAP FITNESS's 242 loans run $84K to $275K. Total investment (including the equity you put in, generally 10% or more) is estimated in Item 7 of SNAP FITNESS's franchise disclosure document.
Can you use an SBA loan for SNAP FITNESS?
Yes. Lenders have funded 242 SBA loans to SNAP FITNESS franchisees, worth $50.6M in all, so SNAP FITNESS is regularly financed with SBA 7(a) and 504 loans.
Can a first-time owner get an SBA loan for SNAP FITNESS?
The data says yes: of SNAP FITNESS's 231 SBA loans that record a business age, 44.6% went to new businesses two years old or younger. Expect the lender to look harder at your experience, business plan, and equity injection.
Which lenders finance SNAP FITNESS?
By loan count, the most active SBA lenders for SNAP FITNESS are Wells Fargo Bank National Association, Old National Bank, U.S. Bank, National Association, among others. A lender already active with your brand often moves faster.
What is SNAP FITNESS's SBA charge-off rate?
Across SNAP FITNESS's 223 SBA 7(a) loans, 6.3% have charged off. Read it as a relative track-record signal, not a prediction. It is not a lifetime default rate.
Which SBA program fits SNAP FITNESS?
Mostly 7(a): 223 of SNAP FITNESS's 242 SBA loans. The 7(a) program covers the franchise fee, build-out, equipment, and working capital. The median SNAP FITNESS loan term is 10 years.