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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]
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The same year, Life Fitness expanded into treadmills. Life Fitness was acquired by Brunswick Corporation in June 1997 for $310 million. [5] [6] The sale was completed on July 11, 1997. [7] Later in 1997, Life Fitness bought Hammer Strength, a manufacturer of weight machines. [8] ParaBody, Inc. was bought by Life Fitness in 1998. [9] [10]
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24 Hour Fitness is a privately held and operated fitness center chain headquartered in Carlsbad, California. It is the second largest fitness chain in the United States based on revenue after LA Fitness , [ 3 ] and the fourth in number of clubs (behind LA Fitness, Anytime Fitness and Gold's Gym ), [ 4 ] operating 287 clubs across 11 U.S. states.
Anytime Fitness Franchisor, LLC, doing business as Anytime Fitness, is an American franchise of 24 hour health and fitness clubs that is based in Woodbury, Minnesota, United States. The company operates over 5,000 franchised locations in 50 countries. [3] In 2014, Anytime Fitness was named the top franchise of 2014 by Entrepreneur magazine. [4]
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.