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Snap Fitness is a privately-owned global chain of 24/7 fitness centers headquartered in Chanhassen, Minnesota, United States. It was founded in 2003 by Peter Taunton and currently operates over 1,000 locations in over 20 countries across 5 continents, with over half a million members.
Planet Fitness, Inc. is an American franchisor and operator of fitness centers based in Hampton, New Hampshire. [5] The company has around 2,400 clubs, [ 2 ] making it one of the largest fitness club franchises by number of members and locations.
Life Time Athletic, Chanhassen, Minnesota Life Time Inc. facility, Alpharetta, Georgia The company was founded by chairman and chief executive officer, Bahram Akradi. [1] The company was incorporated in 1990 as FCA, Ltd., a Minnesota corporation, and registered the name Life Time Fitness in March of 1992. [2]
YouFit was founded by Rick Berks. [1] The first YouFit, in St. Petersburg, Florida, opened in 2008 [2] and grew to over 100 gyms across the United States. [2] Berks separated from YouFit in May 2020, citing differences with the firm’s financial backers in his resignation letter.
The average cost of a gym membership across the U.S. is $45 per month according to a recent survey by TotalShape.com, as reported by GOBankingRates. For seniors on a fixed income, it can be hard to...
Bally Total Fitness acquired Crunch in 2001 for $90 million in cash and stock, [14] holding the brand for four years. In 2005 Angelo, Gordon & Co., a private equity firm, purchased Crunch from Ballys for $45 million, and in 2009 added New Evolution Fitness Company ("NEFC"/New Evolution Ventures), a company founded by Mark Mastrov (founder of 24 hour fitness) and fitness Veteran Jim Rowley, as ...
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