9Round Finalizes Deal in South Korea and Renews Agreement in the Middle East

9Round has finalized a deal for future development in South Korea and renewed its agreement in the Middle East, with plans to open 160 locations in the region.

Read the original at Franchising.com
9Round Finalizes Deal in South Korea and Renews Agreement in the Middle East

TL;DR

9Round has finalized a deal for future development in South Korea and renewed its agreement in the Middle East, with plans to open 160 locations in the region. The first South Korea 9Round location is projected to open in 2022.

9Round Franchising, LLC, finalized plans for future development into South Korea while also extending its Middle East agreement. The first South Korea 9Round location is projected to open in 2022.

“We are thrilled to welcome South Korea to our roster,” said Shannon Hudson, founder and CEO of 9Round. “We look forward to continuing our close relationship with our Middle Eastern master franchisee and we expect 9Round will be a good fit for South Korea.”

According to the master franchise agreement, 9Round intends to open 160 locations throughout the Middle East, North Africa, and Turkey ("MENAT") and 40 locations in South Korea over the next several years.

In this story

This story was originally published in Franchising.com on December 1, 2021. Burnaze summarizes and links to the original reporting.

Read the full story at Franchising.com

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