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Health and Fitness Club Industry News: Chains

Monday, May 23rd, 2022

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Planet Fitness Hagerstown Hosts Grand Reopening
Posted: May 17, 2022 in Chains

Planet FitnessHAGERSTOWN, MD - Planet Fitness, one of the nation’s largest and fastest-growing franchisors and operators of fitness centers with more members than any other fitness brand, recently celebrated the grand reopening of its Hagerstown club. Planet Fitness Hagerstown originally opened in 2009 and recently underwent over $1 million worth of renovations. Expanded by 4,000 square feet of space, the now 21,250 square-foot club features a new PF Black Card Spa area, new strength and cardio equipment, TRX suspension training, updated locker rooms, new entrance way floor tile and a new front desk. Read More...

Life Time Closes on $175 Million in Sale-Leaseback Transactions Year To Date
Posted: May 16, 2022 in Chains

Life Time  - The Healthy Way Of Life CompanyCHANHASSEN, MN - Life Time Group Holdings, Inc. ("Life Time" or the "Company") (NYSE: LTH) announces it has now closed on sale-leaseback transactions involving four of its owned properties totaling $175 million. Read More...

Athletic Republic Announces National Franchise Expansion as the Demand for Science-Backed Training Continues to Grow
Posted: May 16, 2022 in Chains

Athletic RepublicPARK CITY, UT - Athletic Republic, a premier destination for individualized, sport-specific training backed by data and science, has announced plans for national expansion through franchising. Revolutionizing how we approach fitness, Athletic Republic trains the metabolic, neurologic and muscular systems in order for athletes both to maximize their abilities and achieve their sport performance goals. Read More...

Crunch Franchise Announces Newest Location in Warner Robins, Georgia
Posted: May 11, 2022 in Chains

Crunch FranchiseWARNER ROBINS, GA - Crunch Franchise has announced the upcoming October 2022 opening of Crunch Warner Robins, a spacious 40,000-square-foot fitness facility, with state-of-the-art equipment and amenities. Crunch Warner Robins is owned by fitness industry veteran and enthusiast Brian Hibbard, Chief Executive Officer for Fitness Ventures, LLC, which owns and operates Crunch Fitness locations across the U.S. Read More...

CycleBar Opens 250th Studio, Rides Past 500 Signed Agreements
Posted: May 11, 2022 in Chains

CycleBarIRVINE, CA - CycleBar, the world’s largest indoor cycling brand, announceds it has opened its 250th studio and secured more than 500 franchise agreements, vastly increasing its reach amidst a global pandemic. Since being acquired by Xponential Fitness in 2017, CycleBar’s trajectory has been tremendous, further heightened by the boom in the popularity of indoor cycling during the pandemic. In the past year alone, the brand secured more than 100 franchise agreements, and the milestone 250th studio, owned by Beth Russo, opened recently in Parker, Colorado. Read More...

Planet Fitness Announces New Development Agreement in New Zealand
Posted: May 10, 2022 in Chains

Planet FitnessHAMPTON, N.H. - Planet Fitness, Inc. (NYSE: PLNT) has announced the Company has signed an Area Development Agreement with Castle Point Fitness NZ Ltd. ("Castle Point"), to expand the brand into New Zealand. Castle Point is a joint venture between the founder of The Fresnel Companies, LLC, a U.S. based investment firm with substantial international experience, and a private family office. The agreement will bring a minimum of 25 Planet Fitness locations to New Zealand over the next several years. Read More...

Xponential Fitness Signs Multi-Brand Master Franchise Agreement for Mexico
Posted: May 10, 2022 in Chains

Xponential FitnessIRVINE, CA - Xponential Fitness, Inc. (NYSE: XPOF), the largest global franchisor of boutique fitness brands, announces it has signed a Master Franchise Agreement in Mexico for three of its brands: StretchLab, Rumble and AKT. The agreement provides the Master Franchisee with the opportunity to license at least 60 studios across the three brands to potential franchisees in Mexico over the next 10 years. Read More...

Genesis Health Clubs Acquires Two VASA Fitness Locations
Posted: May 9, 2022 in Chains

Genesis Health ClubsWICHITA, KS - Genesis Health Clubs has announced the purchase of both Wichita-area VASA Fitness locations. The move is the latest in a dramatic strengthening of the company’s footprint in and around its home base and corporate headquarters in Wichita after years of expansion in the surrounding cities and states. Read More...

In-Shape Health Clubs Appoints Kendall Ware COO
Posted: May 5, 2022 in Chains

In-ShapeSTOCKTON, CA - In-Shape Health Clubs, California’s premier destination for fitness and recreation, announced the appointment of Kendall Ware to Chief Operating Officer. With leadership experience in growing brands, building strong teams and improving operations as a strategic business and franchising leader, Mr. Ware will oversee operations, sales and fitness for In-Shape Health Clubs. Read More...

Crunch Franchise, Undefeated Tribe Announces Newest Location in Yukon, Oklahoma
Posted: May 4, 2022 in Chains

Crunch FranchiseYUKON, OK - Crunch Franchise and Undefeated Tribe have announced the fall 2022 opening of Crunch Yukon, a $5 million, 35,000-square-foot fitness facility, with state-of-the-art equipment and amenities open 24/7. Crunch Yukon is owned by fitness industry veteran Tony Hartl, CEO and Co-Founder of Undefeated Tribe. Hartl plans to open 50 Crunch Fitness locations in Texas and other states. Read More...

Exos, the Powerhouse Behind Top NFL Athletes, Breaks Company Records at 2022 NFL Draft
Posted: May 4, 2022 in Chains

exosPHOENIX, AZ - Exos, an industry leader in human performance, has announced its sports division’s record-setting year and industry-leading season, which the brand attributes to their athletes' success at the 2022 NFL combine and draft. This year, Exos produced the No. 1 draft selection, four of the Top 10 picks, 13 (40%) first-round picks and 43 of the Top 100 draftees. Read More...

Fitness Premier 24/7 Clubs Signs First Franchisee in Georgia
Posted: May 3, 2022 in Chains

Fitness Premier 24/7SAVANNAH, GA - After years of military service, often keeping the two separated for long stints of time, Kyle and Maria Retter have returned stateside and are raising a young family. Now that they have returned home, the Retters are excited to be expanding the quickly growing, 17-location fitness concept, Fitness Premier 24/7 Clubs, to Georgia. Read More...

Club Pilates Partners with Profile Plan to Provide All-Encompassing Wellness to Members
Posted: May 2, 2022 in Chains

Club PilatesIRVINE, CA - Club Pilates, the world’s largest Pilates franchise, has partnered with Profile Plan, a leading health and nutrition virtual program, to help members achieve all of their health and wellness goals both on and off of the Reformer. Read More...

Olympus Acquires Planet Fitness Franchisee, Excel Fitness’ 90 Locations Serving 750,000 Members
Posted: April 29, 2022 in Chains

Planet FitnessSTAMFORD, CT - Stamford, Connecticut-based private equity firm, Olympus Partners, has acquired Excel Fitness Holdings, LLC ("Excel"), a Planet Fitness franchisee serving six markets including Austin, Dallas Ft-Worth, Northwest Arkansas, Raleigh-Durham, Tulsa and Virginia. Excel Fitness is headquartered in Austin, Texas and operates over 90 Planet Fitness locations serving nearly 750,000 members at the time of acquisition. Read More...

UFC GYM Expands Relationship with Alex Rodriguez to Debut State-of-the-Art UFC FIT Facility in Plantation, Florida
Posted: April 29, 2022 in Chains

UFC FITPLANTATION, FL - UFC GYM, the first major brand extension of UFC, announces that the company will continue its expansion in South Florida with the opening of its 40,000-square-foot UFC FIT facility in Plantation, Florida. Owned by former Major League Baseball superstar Alex Rodriguez, the premier fitness facility will be the second UFC FIT location in the state to provide functional fitness, UFC-inspired conditioning classes and access to world class facilities. Read More...

Fitness Holdings LLC Announces Newest Crunch Acquisitions in Moorestown and Somerset, New Jersey
Posted: April 27, 2022 in Chains

Crunch FranchiseMOORESTOWN and SOMERSET, N.J. - Fitness Holdings LLC has announced their acquisition of Crunch Moorestown and Crunch Somerset. Crunch Moorestown and Crunch Somerset are both spacious 25,000-square-foot fitness facilities in New Jersey, with state-of-the-art equipment and amenities. Both locations are owned by fitness industry veteran Mark Federico, Chief Executive Officer for Fitness Holdings Northeast, LLC. The acquisition of these two clubs is part of a larger plan to grow to 50 clubs in two years. Read More...

Gold’s Gym Names Fitness Superstar Simeon Panda Global Brand Ambassador
Posted: April 27, 2022 in Chains

Gold's GymVENICE, CA - Gold's Gym, one of the most iconic names in fitness, has named bodybuilder and fitness mega-influencer, Simeon Panda, as the new face of the brand. The partnership bridges the famed, Venice-born gym's storied past to the future of the evolving brand. Panda, who has more than 17 million social media followers worldwide, joins past bodybuilding icons like Arnold Schwarzenegger, Lou Ferrigno and Franco Columbu who have famously chosen Gold's Gym as their muscle-building home. Panda is a longtime regular at The Mecca, the name given to the flagship Venice Gold's Gym for its global status as the center of the bodybuilding world. Read More...

TITLE Boxing Club Re-Enters the Ring to Fight Mental Health Stigmas
Posted: April 26, 2022 in Chains

TITLE Boxing ClubSANTA MONICA, CA - TITLE Boxing Club, the nation's leading boxing fitness company, is continuing their fight against mental health stigmas during May's Mental Health Awareness Month with a "Knockout Stigma" initiative. On Saturday, May 21, 2022, clubs nationwide will host Knockout Stigma classes in-person and digitally on TITLE Boxing Club On Demand. Read More...

CorePower Yoga Expands to Florida with Its First Studio in Miami
Posted: April 26, 2022 in Chains

CorePower YogaDENVER, CO - CorePower Yoga is making its Florida debut with the opening of its first studio in the Brickell neighborhood of Miami, Florida on May 5, 2022. Since its founding in 2002, CorePower Yoga has grown into the ultimate mind-body experience and has enriched communities throughout the country with its intensely physical workouts rooted in the mindfulness of yoga. Read More...

Crunch Franchise Announces Newest Location in Laredo, Texas
Posted: April 22, 2022 in Chains

Crunch FranchiseLAREDO, TX - Crunch Franchise announces the upcoming June 2022 opening of Crunch Laredo, a $5 million, 40,000-square-foot fitness facility, with $1 million dollars' worth of state-of-the-art equipment. Crunch Laredo is located in a newly renovated space previously occupied by Stein Mart. Crunch Laredo is owned by seasoned fitness veterans Brian Hibbard and John Armatas, who own 20 additional Crunch locations nationwide for Fitness Ventures. Read More...

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