Several club companies have made announcements in recent days pertaining to milestones, investments and expansion. Those companies include 24 Hour Fitness, Anytime Fitness, Snap Fitness, RetroFitness and UFC Gym.
Here is a brief rundown:
24 Hour Fitness, San Ramon, CA, announced an $11 million investment in seven clubs throughout Los Angeles County. The company has now invested $65 million in the region since 2010. The news follows the company’s recent announcement to open and expand three San Francisco Bay Area clubs within the next six months.
Anytime Fitness, Hastings, MN, opened its 2,000th club in the company chain. A ribbon-cutting ceremony was held at the newest club in Neede, The Netherlands, 90 miles east of Amsterdam. Anytime Fitness says it took 10 years to reach 2,000 units, half the time it took Subway (23 years) and McDonald’s (32 years) to reach the milestone.
Snap Fitness, Chanhassen, MN, opened its 100th club and signed its 100,000th member since entering the Australia/New Zealand market in 2009. Snap Fitness also announced deals to expand into Egypt, Mexico, Hong Kong and Southeast Asia. The expansion will amount to 700 clubs in the next five years.
RetroFitness, Colts Neck, NJ, is seeking to expand in the New York City area within the next year and is looking to sign franchise agreements in every borough within the next 90 days. RetroFitness already operates five clubs in the New York area.
UFC Gym, Lafayette, CA, announced it will open its first international club in Australia. The 32,000-square-foot club in the Sydney suburb of Alexandria is scheduled to open in February. UFC Gym also announced it will open its first East Coast club in Hyde Park, NY, next spring.