High Value Low Price Gyms (HVLP)
Price Is the Leading Cause of Gym Membership Cancellations, Survey Finds
In a poll conducted by YouGov, cost was the most common reason people gave for canceling their gym membership.
EoS Fitness Seeking $100M To Fund Growth, Per Report
EOS Fitnes plans to open over 250 gyms by 2030. It's reportedly eyeing at least $100 million in private funding to support that goal.
Vasa Fitness Builds Out Exec Team, Eyes More Expansion
Vasa Fitness, an HVLP gym chain, is bringing on senior leaders including a former Planet Fitness exec as it looks to continue growing.
Crunch Fitness Franchise Group Lands Investment To Grow in Southeast
Crunch Fitness franchisee JF Fitness acquired eight Crunch gyms in Alabama, Georgia and South Carolina, giving it 24 total locations.
Retro Fitness Uplifts Black & Brown Communities Year-Round With Project Lift
Through Project Lift, Retro Fitness aims to open 500 franchised health clubs in 50 underserved communities over the next five years.
CEO Corner: Andrew Alfano Has Big Plans for Retro Fitness
Under Alfano's watch, Retro Fitness has undergone a massive rebrand and struck an agreement that will see BlackRock open at least 80 gyms.
Planet Fitness Sells $800M in Asset-Backed Bonds
New Planet Fitness CEO Colleen Keating takes the helm June 10th amid a challenging time for the popular low-price gym giant.
UK Fitness Industry Valued at $7.6B as Low-Price Gyms Thrive
Total U.K. gym memberships are at 10.7 million, up 4% from 2021, with many people gravitating to HVLP operators like PureGym.
Planet Fitness Plans Refinancing To Manage Debt
A refinancing transaction would see Planet Fitness issue $600 million in new securitized debt which can potentially grow to $800 million.
How Top HVLP Gyms Are Driving Growth in 2024
Executives from Chuze Fitness and Crunch Fitness share how they plan to acquire and retain members in the coming years.
