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Log In / Register | Sep 24, 2017

The Truth

I operated a Snap before leaving to pursue other ventures. Not a terrible franchise, but its all about the people running it and the location. If people focus solely on profits because they believe that is how businesses get profit, they tend to fail to service their members and staff. Everyone quits, business struggles with the revolving door system. Owning a franchise is designed for inexperienced people who don't have experience, a 'business in a box' so to speak. Their fail rates are very high, but some do make it if multiple locations are purchased (big up-front capitol). Most who attempt franchise ownership eventually focus on getting their investment returned, rather than getting a return on their investment. Breaking even then selling is too common a practice.

Snap was founded in 2003, the founder and CEO Peter Taunton was never accused or convicted of fraud, by the way.

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