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Health and Fitness Club Industry News: Chains

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Cycle for Survival Awarded Program Of The Year By The Peer-to-Peer Professional Forum
Posted: March 2, 2018 in Chains

Cycle For SurvivalMIAMI, FL - Cycle for Survival, the movement to beat rare cancers, was named the Peer-to-Peer Professional Forum's Program of the Year. The award was presented at the annual Peer-to-Peer Professional Forum Conference in Miami. Owned and operated by Memorial Sloan Kettering Cancer Center (MSK), Cycle for Survival has been recognized as the fastest-growing athletic fundraiser in the United States for four consecutive years by the national peer-to-peer fundraising support organization. Cycle for Survival has raised more than $170 million since it was founded in 2007, with $140 million raised in the past five years. Read More...

Crunch Franchise Announces Its Newest Location In Clearwater, Florida
Posted: March 1, 2018 in Chains

Crunch FranchiseCLEARWATER, FL - Crunch Franchise announced the purchase and conversion of a three-floor, 23,000-square-foot former LA Fitness to a Crunch Fitness facility in Clearwater, Florida. Crunch's new gym location brings a new fitness experience to Clearwater, offering a 2,400-square-foot group fitness studio, small group training, a designated strength training area, tanning and HydroMassage beds, a private stretching area and a mezzanine of cardio equipment. Crunch Countryside is owned by Vince Julien, Geoff Dyer, Tony Scrimale, Jeff Dotson, and Kevin La Ferriere. Read More...

Planet Fitness To Open Largest “Judgement Free” Gym In The Midwest
Posted: February 28, 2018 in Chains

Planet FitnessOAKLEY, OH - Planet Fitness, one of the largest and fastest-growing franchisors and operators of fitness centers in the U.S. and home of the Judgement Free Zone, announced its 14th club in the Greater Cincinnati Market. Owned and operated by "Planet Fitness Midwest," the $11 million development will be built in Oakley and has a projected opening date by the end of the year. The new Oakley project marks continued expansion in the Midwest for the franchise group and signifies the 30th Planet Fitness location in the region. Read More...

Town Sports International Holdings Inc. Announces Acquisition of TMPL Gym
Posted: February 28, 2018 in Chains

Town Sports InternationalNEW YORK, N.Y. - Town Sports International Holdings Inc., ("TSI' or the "Company") (Nasdaq: CLUB), a diversified holding company and the largest owner and operator of fitness clubs in the Northeast, announced the acquisition of TMPL. Founded by David Barton, TMPL focuses on the intersection of metabolic science, exercise and nutrition leveraging state of the art technology to drastically change one's body. Read More...

Blink Fitness Announces Agreement for Expansion With Two-time NBA Champion Draymond Green
Posted: February 26, 2018 in Chains

Blink FitnessNEW YORK, N.Y. - Blink Fitness and Golden State Warriors forward Draymond Green announced a franchise development deal to bring at least 20 gyms to Michigan and Illinois. This announcement marks the two-time NBA Champion, All Star, Olympic Gold Medalist and Defensive Player of the Year's first investment in the premium-quality, value-based fitness brand as Blink launches its first venture into the Great Lakes region. Read More...

St. Jude, Life Time To Host 3rd Annual Ride For A Reason Event At Life Time Destinations Nationwide On Saturday, March 3
Posted: February 23, 2018 in Chains

Life Time  - The Healthy Way Of Life CompanyCHANHASSEN, MN - As part of ongoing efforts by St. Jude and Life Time to help kids get healthy, more than 100 Life Time destinations across the country will host the third annual Ride for a Reason event on Saturday, March 3. The four-hour cycling relay will benefit St. Jude Children's Research Hospital and the Life Time Foundation. This year more than 7,000 participants and 1,200 teams are expected to participate with a fundraising goal of $1 million. Read More...

Planet Fitness, Inc. Announces Fourth Quarter and Fiscal Year 2017 Results
Posted: February 22, 2018 in Chains

Planet FitnessHAMPTON, N.H. - Planet Fitness, Inc. (NYSE: PLNT) reported financial results for its fourth quarter and fiscal year ended December 31, 2017 and announced full year 2018 outlook. Fiscal Year 2017 Highlights include: Total revenue increased from the prior year by 13.7% to $429.9 million. System-wide same store sales increased 10.2%. Net income was $55.6 million, which includes the net negative impact of approximately $17.2 million related to the remeasurement of the Company's deferred tax assets and tax benefit arrangements due to recent tax reform, compared to $71.2 million in the prior year. Adjusted net income increased 21.8% to $82.3 million, or $0.84 per diluted share, compared to $67.6 million, or $0.69 per diluted share in the prior year. 210 new Planet Fitness stores were opened system-wide during the year, bringing system-wide total stores to 1,518 at December 31, 2017. Read More...

Town Sports International Holdings, Inc. to Acquire Total Woman Gym and Spa
Posted: February 22, 2018 in Chains

Town Sports InternationalJUPITER, FL - Town Sports International Holdings, Inc. ("TSI” or the "Company") (NASDAQ:CLUB) announced that, through its wholly-owned subsidiaries, it has entered into an asset purchase agreement to acquire substantially all of the assets of the Total Woman Gym and Spa business (“Total Woman”). Once consummated, this acquisition will add another women-focused fitness brand to the Company’s growing fitness portfolio. The acquired assets of the California-based Total Woman business include 12 locations which TSI will continue to operate under the Total Woman brand. Read More...

Gold’s Gym Named 2018 Global Franchise Award Winner
Posted: February 21, 2018 in Chains

Gold's GymDALLAS, TX - Gold's Gym has been named a Global Franchise Award Winner for 2018 in the category of Best Health, Beauty and Fitness Franchise. The 2018 Global Franchise Awards, sponsored by Global Franchise Magazine and chosen by a panel of judges of top franchise professionals from around the world, celebrate excellence in international franchising. Winners were selected on criteria including the brand's global intentions, the relationship fostered between franchisor and franchisee, how the brand is marketed and the extent to which a brand has advanced the cause of international franchising. Read More...

Crunch Franchising Named 2018 Best-in-Fitness Category by Franchise Business Review; Opens Newest Locations in Roanoke, Virginia and Ridgeland, Mississippi
Posted: February 20, 2018 in Chains

Crunch FranchiseNEW YORK, N.Y. - Crunch Fitness, the health club brand known for making serious fitness fun through innovative programming and an inclusive atmosphere, was named Best-in-Category in the Fitness sector in Franchise Business Review's list of the top franchises for 2018. Following a year of tremendous growth that pushed Crunch past the 1 million member mark, and into more than 250 locations across 24 U.S. states, Puerto Rico, Canada, Australia and Spain, this independent survey demonstrates the brand's ability to continually offer a market leading health club experience to consumers while providing a rewarding and consistent business experience to franchisees. Read More...

Orangetheory Fitness Members Ready to Work Out for a Cause
Posted: February 12, 2018 in Chains

Orangetheory FitnessBOCA RATON, FL - Orangetheory members across the United States and Canada are aiming to raise over $2 million for Augie's Quest to cure ALS, an organization dedicated to finding a cure for amyotrophic lateral sclerosis (ALS). This comes just one year after Orangetheory more than doubled their 2017 fundraising goal, raising over $2.085 million in just two weeks. Funds from the 2018 campaign will help move a promising drug for ALS into human clinical trials. Read More...

Retro Fitness Named Official Fitness Center of New York Yankees
Posted: February 7, 2018 in Chains

Retro FitnessCOLTS NECK, N.J. - Just in time for the start of baseball season, Retro Fitness is now the Official Fitness Center of the New York Yankees. In this multi-year partnership, Retro Fitness receives logo-usage, player appearances, game tickets and contests to win unique experiences at Yankee Stadium for its members and more. Read More...

Gold’s Gym Resolves to Keep Getting Bigger in 2018
Posted: February 7, 2018 in Chains

Gold's GymDALLAS, TX - According to U.S. News, about 80% of New Year's resolutions fail by the second week of February. But, that's not the case for Gold's Gym Franchising LLC, where business is stronger than ever. The world's most iconic fitness chain will flex its muscle even more in 2018 with plans to expand beyond its 700+ locations in 28 countries around the world. Capping off a strong year of franchise development in 2017, Gold's Gym celebrated 49 new gym openings, including the two largest Gold's Gym locations ever built. Amman, Jordan, and Alexandria, Egypt, each opened new facilities with more than 150,000 square feet. Read More...

Brains Over Beauty: 92 Percent Of Americans Prefer Their Significant Other Have a Great Personality Over a Great Body
Posted: February 5, 2018 in Chains

Planet FitnessHAMPTON, N.H. - In preparation for this Valentine's Day, Planet Fitness, Inc., one of the largest and fastest-growing franchisors and operators of fitness centers in the United States, uncovered a definitive answer to that age-old question about love, attraction and everything in between: Are we all about the looks? A national study* commissioned by Planet Fitness found that people's perspectives on love actually go far beyond "skin-deep," with more than nine in ten (92%) preferring a partner with a great personality over a great body. And, what about prioritizing what we look for most in a partner? The study's findings also showed that 81% seek a man or woman with a good personality, followed closely by sense of humor (76%), positive attitude (73%) and open-mindedness (62%)... Read More...

Crunch Fitness Appoints Dan Gallagher to Chief Financial Officer
Posted: February 5, 2018 in Chains

Dan Gallagher, CFO of Crunch FitnessNEW YORK, N.Y. - Crunch Fitness, the health club chain renowned for fusing fitness and entertainment, announced the appointment of Dan Gallagher as its new Chief Financial Officer. Former CFO of KB US Holdings (Kings Supermarkets and Balducci’s Food Lovers Markets) and CFO of Town Sports International Holdings, Inc. (TSI), Gallagher will be an instrumental leader in growing the Crunch brand. Read More...

Life Time Expands in Colorado With Grand Opening Celebration of Life Time Athletic Flatirons
Posted: February 1, 2018 in Chains

Life Time  - The Healthy Way Of Life CompanyBROOMFIELD, CO - Life Time, the nation's only Healthy Way of Life brand, has bringing its fifth destination to Colorado with the opening of Life Time Athletic Flatirons, located in Broomfield, Colorado. An evening grand opening celebration to showcase the new space with tours, fitness demonstrations, food and kids entertainment was held on Wednesday, January 31st from 6:00 PM to 8:00 PM. The club opened for workouts to all members at 4:00 AM on Thursday, February 1st. Read More...

Crunch Franchise Announces Grand Reopening of Tustin, California Location
Posted: January 30, 2018 in Chains

Crunch FranchiseTUSTIN, CA - Crunch Franchise announced the grand reopening of its Tustin, California location following a $72,000 renovation of the club's interior and the addition of new fitness equipment. The equipment, chosen by staff based on member use and preference, includes four new Olympic lifting platforms, six Olympic benches, heavy bags and dumbbells up to 125 pounds in weight. This equipment adds to the club's existing group fitness, designated cardio and strength training area, as well as HydroMassage beds and a private stretching area. Read More...

Exaltare Capital Expands Fitness Franchise by Acquiring 10 Planet Fitness Health Clubs in Central New York
Posted: January 24, 2018 in Chains

Planet FitnessBOSTON, MA - ECP-PF Holdings Group, Inc. (“ECP-PF”), a portfolio company of Exaltare Capital Partners, has announced that it successfully acquired 10 Planet Fitness health clubs in the central New York region from Robert Morris. ECP-PF was formed in 2012 through Exaltare Capital’s acquisition of 15 Planet Fitness health clubs in Connecticut. This acquisition brings ECP-PF’s portfolio of health clubs to 71 locations in Connecticut, upstate New York, New Mexico, Arizona and western Canada. ECP-PF plans to build another 50 locations over the next five years, including at least 10 in upstate New York. Read More...

Genesis Health Clubs Celebrates Grand Opening of Topeka Southwest and Ward Parkway Clubs
Posted: January 21, 2018 in Chains

Genesis Health ClubsWICHITA, KS - Genesis Health Clubs has celebrated the grand openings of its Topeka Southwest and Ward Parkway Clubs. A full week of events were announced and celebrated, culminating with the grand opening celebrations on Saturday, January 20, featuring special classes, prizes and free workouts. Read More...

Crunch Franchise Announces Its Newest Location In Santa Rosa, California
Posted: January 18, 2018 in Chains

Crunch FranchiseSANTA ROSA, CA - Crunch Franchise announced the planned opening of a new 20,000 square-foot gym with state-of-the-art equipment and amenities in Santa Rosa, California. The completely new single-floor club, located in the Coddingtown Mall, enters its discount pre-sale period January 20 in anticipation of an April 2018 opening. Crunch's new gym location will offer a new fitness experience complete with group fitness, a designated cardio and strength training area as well as HydroMassage beds and a private stretching area. Read More...

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