Gold's Gym Experiences Strong First Quarter with Domestic and International Growth
Gold’s Gym, the world’s trusted authority on health and fitness, announced that during the first quarter of 2017, it signed franchise agreements to open nine gyms in the U.S., with 23 additional locations currently under development in 12 countries internationally. These signings expand the brand’s presence in new and existing markets across the world, including Tennessee, New York, California, and in nations such as Egypt and Australia. Gold’s Gym also opened 17 new locations both domestically and internationally, resulting in a total of 737 open gyms at the end of the first quarter.
“2017 is off to a strong start as we continue to focus on expansion, innovation and delivering a one-of-a-kind member experience across the globe,” said Brandon Bean, CEO of Gold’s Gym. “Franchisees continue to be attracted to our state-of-the art facilities, experienced support team and strong brand recognition around the world as the best fitness experience in the business.”
These signings and openings are a continuation of Gold’s Gym’s aggressive expansion plans, with the fitness brand on track to open over 45 new gyms by end of year. Most recently, Gold’s Gym opened its first location in Rabat, Morocco and debuted a flagship location in Amman, Jordan, which is the largest Gold’s Gym in the world at 140,000 square feet.