Health and Fitness Club Industry News: Chains
Monday, September 14th, 2026
Crunch Franchise Announces Newest Location in Jacksonville, Florida
Posted: January 27, 2022 in Chains
JACKSONVILLE, FL - Crunch Franchise has announced the opening of Crunch Harbour Village, a $4 million, 32,000-square-foot fitness facility, with state-of-the-art equipment and amenities. Crunch Harbour Village is owned by fitness industry veterans Chad Smith and Craig Pepin-Donat. Read More...
StretchLab Opens 150th Studio and Reaches 500 Signed Franchise Agreements
Posted: January 27, 2022 in Chains
IRVINE, CA - StretchLab, a leading assisted stretching studio, announced it has recently signed its 500th franchise agreement and opened its 150th studio this month. In 2021, the company opened 52 locations and secured over 270 franchise agreements, illustrating the growth and continued demand for assisted stretching, especially following the pandemic which has encouraged millions of people to better prioritize their health and wellness. The 150th studio opened in Lake Pleasant, Arizona on January 24th. Read More...
Kevin Jonell Joins VASA Fitness to Lead Human Resources
Posted: January 26, 2022 in Chains
DENVER, CO - VASA Fitness announced that Kevin Jonell has joined as Vice President of Human Resources, effective immediately. Kevin’s 25-year career experience in human resources and operations has helped him achieve desired business results for companies including 24 Hour Fitness, Vail Resorts, PeopleSoft, Starbucks, University of Denver and BluSky Restoration. Kevin’s role at VASA will leverage his unique experience to ensure its people strategy scales to align with the company’s most critical business initiatives. Read More...
Planet Fitness Prices $900 Million Securitized Financing Facility
Posted: January 26, 2022 in Chains
HAMPTON, N.H. - Planet Fitness, Inc. (NYSE: PLNT) (together with its subsidiaries, the "Company") announced that it has priced $900 million of Series 2022-1 Class A-2 Fixed Rate Senior Secured Notes (the "Class A-2 Notes"), which consist of two tranches: the Class A-2-I Senior Secured Notes with an anticipated repayment term of five years, with an aggregate principal amount of $425 million and a fixed interest rate of 3.251% per annum, payable quarterly, and the Class A-2-II Senior Secured Notes with an anticipated repayment term of ten years, with an aggregate principal amount of $475 million and a fixed interest rate of 4.008% per annum, payable quarterly. Read More...
Life Time Expands Kid-Friendly Classes with Launch of Ringside and Warrior Sculpt
Posted: January 24, 2022 in Chains
CHANHASSEN, MN - Life Time (NYSE: LTH), the nation's premier healthy lifestyle brand, continues bringing more ways for kids to engage in their health by adding to its already robust Kids' programming with the launch of new kids' versions of its most popular group studio classes. Rolling out this month, kids aged 5 to 13 can experience Life Time's exclusive Ringside and Warrior Sculpt classes designed for kids and tweens. Read More...
Crunch Franchise to Open in Tallahassee, to Become City’s Largest Fitness Center
Posted: January 19, 2022 in Chains
TALLAHASSEE, FL - Crunch Franchise announces the Grand Opening of Crunch Tallahassee, a $8 million, 55,000-square-foot fitness facility in the heart of Tallahassee. Crunch Tallahassee is owned by seasoned fitness veterans Brian Hibbard and John Armatas, who own 19 additional Crunch locations nationwide. The new Crunch is located in a renovated space where a former Winn Dixie Space used to be, with $1 million dollars' worth of state-of-the-art fitness equipment. The facility will be open 24 hours. Read More...
Xponential Fitness Partners With Glofox for International Expansion
Posted: January 18, 2022 in Chains, Suppliers
IRVINE, CA - Xponential Fitness, Inc. (NYSE: XPOF), a curator of leading boutique fitness brands across multiple verticals, has selected Glofox, one of the fastest growing fitness business management software platforms, to support its network of franchise partners as it expands internationally into new countries. Read More...
Onelife Fitness Opens First DC location at Art Place at Fort Totten
Posted: January 18, 2022 in Chains
WASHINGTON, D.C. - US Fitness Holdings, LLC, has announced its newest Onelife Fitness Sports Club in Washington, D.C. opened Monday, January 10th. The 40,000-square-foot Sports Club is located at Art Place in Fort Totten. This is the first Onelife Fitness in the District, joining 18 other locations in the DMV. Read More...
HGGC-Backed Grand Fitness Partners Grows with Acquisition of 13 Additional Planet Fitness Locations
Posted: January 13, 2022 in Chains
TOMS RIVER, N.J. - Grand Fitness Partners, one of the largest franchisees within the Planet Fitness system, announces that it has acquired a portfolio of 13 Planet Fitness locations across Virginia from the Asbell Group. The acquisition follows an investment in Grand Fitness by HGGC, a leading middle market private equity firm, in November 2021. Financial terms of the transaction were not disclosed. Read More...
Crunch Fitness Continues to Climb Entrepreneur’s Annual Franchise 500
Posted: January 12, 2022 in Chains
PORTSMOUTH, N.H. - Crunch Fitness ranks in the Top 10% of all franchises in Entrepreneur Magazine's 2022 Franchise 500, the world's first, best and most comprehensive franchise ranking. The highly competitive Franchise 500 ranks Crunch as #43 for its outstanding performance in unit growth, financial strength and stability and brand power. Read More...
