TL;DR
Gold's Gym has entered into 18 new global franchise commitments and opened six new gyms in the US during the second quarter of this year. The brand will develop new gyms in several countries including India, Japan, and the UK.
Long-established fitness brand Gold’s Gym has entered into 18 new global franchise commitments and opened six new gyms in the US during the second quarter of this year.
International agreements include plans to develop eight new gyms in India, three in Japan, two in the Dominican Republic, one in the United Kingdom and one in Jordan.
Gold’s Gym will develop one new gym in each of the following U.S. cities: Mt. Pleasant, SC; Lake Charles, LA; and Middletown, NY.
The six new domestic grand openings in Q2 included Glendale, CA.; Riverdale, MD; Middle Island, NY; Edinburgh and El Paso, TX; and Gayton Crossing, VA.
Ken Phipps, director of global franchising development for Gold’s Gym, said “The power and influence of the Gold’s Gym brand continues to resonate around the world with each new market and every exciting grand opening.
The rapid development of our franchise network at home and abroad has produced another amazing quarter, emphasizing the strength of our award-winning business model and the sophistication of our investors to deliver the best fitness experience in the market.”
In this story
This story was originally published by Global Franchise Team in Global Franchise on August 16, 2018. Burnaze summarizes and links to the original reporting.
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