The renovation of a vacant former bank into a five-story Gold’s Gym in downtown Milwaukee has won more than its share of awards for Lori and Jeremy Lowell, Gold’s Gym franchisees of the year in 2011, and their general contractor, Consolidated Construction Co. Inc., Appleton, WI....More
The differences in the situation between well-capitalized companies and small club operators may lead some to believe that the industry is heading toward two separate groups: the haves and the have-nots....More
Anytime Fitness has steadily climbed the Entrepreneur Franchise 500 list during the past six years. This year, the Hastings, MN-based company finds itself ahead of all other fitness club companies....More
LA Fitness, Irvine, CA, is acquiring 171 clubs from Bally Total Fitness, Chicago, for $153 million, the companies announced today. The blockbuster deal will change the landscape of the entire health club industry....More
Three months after he was let go by Gold’s Gym International, Joel Tallman created a new company with the owners of former Gold’s operator American Club Systems....More
Fitness Connection, Houston, may be the latest acquisition by Titan Fitness, McLean, VA, but it is not the only change the company made recently and it will not be the last....More
Officials from Gold’s Gym International, Gold’s parent company TRT Holdings Inc. and Bally Total Fitness are meeting this week in Chicago to discuss due diligence that may result in a merger of the two companies, according to a source with knowledge of the situation....More
The major players in the industry either have the cash or are more able to get the credit to grow their companies. The result could mean industry consolidation, likely driven by only those major players....More