In-person fitness continues to thrive as we move further from the pandemic. High-value, low-price (HVLP) gyms are undoubtedly leading the way.
Low-price gym chains are poised for continued growth, fueling a wave of consolidation that could see mid-tier gyms get swallowed up.
EoS Fitness is exploring a sale that would value the fast-growing gym chain at $1 billion, including debt, according to a report.
Retro Fitness believes it's got an edge on gym competitors with its app, which offers content around nutrition, mental health and more.
One of the top operators in the Crunch Fitness system, JF Fitness has added additional Crunch clubs in Mississippi and Florida.
Crunch Fitness is once again one of the top franchise brands in North America, per Entrepreneur's annual Franchise 500 list.
Fitness Holdings North America, a Crunch Fitness franchisee, has scooped up five Jersey Strong clubs in New Jersey.
Crunch 3.0 gyms will feature premium touches including a redesigned reception area, optional heated fitness studio and recovery modalities.
Plus Fitness has inked deals to bring its 24/7 gym brand to the United Kingdom, Singapore and the Philippines.
Fitness franchising brings to mind images of independent owner-operators and smal businesses, but consolidation is increasingly taking hold.
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