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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]
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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 ...
In 1998 David Giampaolo and Mark Mastrov co-founded Fitness Holdings Europe, a private-equity-backed investment vehicle, to open and acquire small chains of European health clubs. [ citation needed ] Fitness Holdings Europe was merged into 24 Hour Fitness Worldwide, Inc. in 2000. [ 2 ]
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A health club (also known as a fitness club, fitness center, health spa, weight room and commonly referred to as a gym) is a place that houses exercise equipment for the purpose of physical exercise. In recent years, the number of fitness and health services have increased, expanding the interest among the population.