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Crunch reaches milestone of 100 new franchise deals in calendar year
By Tom Walker
There are now 150 Crunch clubs across five countries
US-based health club chain Crunch has hit a milestone by securing its 100 franchise deal of the 2016 calendar year.
The latest deal means that the company has now sold more than 600 franchises in the past six years.
Crunch is currently one of the largest and fastest-growing franchisors and operators of health clubs in the US and the company opened 13 new locations in October 2016.
In total, there are now 150 Crunch clubs across five countries and the company is rapidly closing in on having 1,000,000 members.
Crunch CEO Ben Midgley said: "Despite being in a very competitive industry, the last six years have been tremendous for our network.
“We have attracted a very high quality group of franchisees and we provide our members a fitness club experience that is far above anything they can get from any other national high value/low price chain.
“We feel very fortunate that our clubs have been so well received and we are excited for the future as the network continues to grow at an accelerated rate.”
The Crunch offer is based on having well-stocked gym floors supported by a wide selection of group fitness classes, professional personal training and small group training.
Members are also offered free subscription to the Crunch Live streaming exercise site and a free subscription to the online dotFIT nutritional platform.
Headquartered in New York City, Crunch is co-owned by New Evolution Ventures (NeV) and private-equity firm Angelo, Gordon.
Founded in 2008 by Mark Mastrov, Jim Rowley and Mike Feeney, NeV currently has operations and investments in more than 20 countries worldwide representing over 800+ fitness facilities.
US-based health club chain Crunch has hit a milestone by securing its 100 franchise deal
of the 2016 calendar year.
HAF
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