Gold’s Gym Experiences Strong First Quarter With Domestic And International Growth
Posted: May 3, 2017 in Chains
DALLAS, TX – Gold’s Gym, a trusted source on health and fitness, announced that, during the first quarter of 2017, it signed franchise agreements to open nine gyms in the U.S., with 23 additional locations currently under development in 12 countries internationally. These signings expand the brand’s presence in new and existing markets across the world, including Tennessee, New York, California and in nations such as Egypt and Australia. Gold’s Gym also opened 17 new locations both domestically and internationally, resulting in a total of 737 open gyms at the end of the first quarter.
“2017 is off to a strong start as we continue to focus on expansion, innovation and delivering a one-of-a-kind member experience across the globe,” said Brandon Bean, CEO of Gold’s Gym. “Franchisees continue to be attracted to our state-of-the art facilities, experienced support team and strong brand recognition around the world as the best fitness experience in the business.”
These signings and openings are a continuation of Gold’s Gym’s aggressive expansion plans, with the fitness brand on track to open over 45 new gyms by end of year. Most recently, Gold’s Gym opened its first location in Rabat, Morocco and debuted a flagship location in Amman, Jordan, which is the largest Gold’s Gym in the world at 140,000 square feet.
Always at the forefront of the fitness revolution, Gold’s Gym recently debuted its GOLD’S STUDIO offerings. This unique concept allows members to experience coach led, community driven and individually adapted boutique-style classes like GOLD’SFIT, GOLD’SCYCLE, and GOLD’SBURN while continuing to enjoy the full-service gym amenities of Gold’s Gym. Currently available in 40 locations, the company plans to invest heavily in developing additional GOLD’S STUDIOS over the next 18 months and will incorporate the prototype at select new locations moving forward.
Founded in 1965 in Venice, California, Gold’s Gym now has nearly 740 locations in 38 states and 26 countries around the world. Its profile has evolved to offer a state-of-the-art fitness experience that includes the best personal training and group exercise classes in the business.
Ideal candidates for Gold’s Gym franchise ownership have a passion for the fitness industry and are looking to tap into a multi-billion-dollar industry. Opportunities are available all over the U.S. and around the world and the company boasts an experienced support team to help franchisees build and grow their business from the ground up. Franchising with Gold’s Gym offers a unique opportunity to join the $84 billion global fitness industry with one of the strongest and most recognized brands in the world. For more information on franchise opportunities, visit franchising.goldsgym.com.