First Two Quarters Set RockBox Fitness on Pace for Record Growth Year

RockBox Fitness has opened 13 new locations and awarded 21 additional licenses across five states, setting the franchise on pace for a record year.

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First Two Quarters Set RockBox Fitness on Pace for Record Growth Year

TL;DR

RockBox Fitness has opened 13 new locations and awarded 21 additional licenses across five states, setting the franchise on pace for a record year. The franchise has seen significant growth in revenue and membership, with average revenue per studio rising by over 120% and system-wide revenue growing by 356% from May 2020 to May 2021.

HUNTERSVILLE, N.C. (PRWEB) July 08, 2021 - RockBox Fitness enters the second half of 2021 on pace for a record year in several areas of business.

In the first two quarters, RockBox Fitness opened 13 new locations, along with three in pre-launch development phase, spanning 11 states across the nation. Beyond those locations, the franchise also awarded 21 additional licenses across five more states, a major expansion having now awarded 103 total licenses to date.

“Our development numbers have been thrilling to see, especially considering the new licenses and agreements for future studios,” said April Fisk, whose promotion to RockBox Fitness CEO provided another highlight in the first half of 2021. “We were incredibly confident coming into this year, and it’s always great to see that confidence validated through new and prospective franchisees committing to the brand’s vision.”

That model has proven to not only drive expansion but sales growth as well. As the public returns to in-studio fitness, it is clear RockBox Fitness is attracting a larger portion of the market. The average revenue per studio from May 2020 to May 2021 rose by more than 120%, while system-wide revenue grew by 356% over that period as well. Additionally, membership across the entire system grew by 136%.

“We have emphasized development in both avenues, at the system level and the studio level,” said Fisk. “We’re excited about the success our studios are seeing on an individual basis and know that their quality and passion for the product will continue to translate into growth for the brand as a whole. We look forward to what the entire franchise can do as we continue growing the brand around the U.S.”

Bowling Green, KY; Lubbock, TX; Southlake, TX; Scottsdale, AZ; Sandy Springs, GA; Lafayette, LA; New Albany, OH; Montgomery Road, OH; Charleston West Ashley, SC; Greenville, SC; Winston-Salem, NC; Watchung, NJ; Cheyenne, WY.

In this story

This story was originally published in Franchising.com on July 8, 2021. Burnaze summarizes and links to the original reporting.

Read the full story at Franchising.com

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