Franchise FAQ

when was crunch fitness franchise founded

by Name Shanahan Published 2 years ago Updated 1 year ago
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Is Crunch Fitness a franchise?

Crunch Fitness is a chain of over 300 franchised fitness clubs located in the United States, Canada and Australia. Founded by Doug Levine in 1989, its current CEO is Jim Rowley. Crunch was founded in 1989 as a fitness studio by Doug Levine, a former stockbroker.

How did Crunch Fitness become so popular?

Crunch was founded in 1989 as a fitness studio by Doug Levine, a former stockbroker. The clubs became successful by appealing to young upscale members and by selling logo merchandise. Bally Total Fitness bought Crunch in 2001 for $90 million in cash and stock.

Who is the head of personal training at crunch?

With over 34 years in the fitness industry, Hannah joined Crunch in 2017 to lead the brand's Personal Training growth and development along with her team. Previously she has had leadership roles with Curves International, Jenny Craig and Healthworks Fitness Centers.

Who is the Finance Director for Crunch franchisees?

Mike leads Crunch Franchise’s finance operations. He spent 20 years at Verizon before entering the industry as VP of Finance with Planet Fitness. He has also held industry positions with CYBEX International.

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When did Crunch start franchising?

2010In 2009, Rowley and Mark Mastrov acquired Crunch with the private equity arm of Angelo, Gordon and began franchising the brand in 2010.

Who Owns Crunch Fitness franchise?

Crunch Fitness is a U.S.-based brand of over 400 franchised and corporate owned fitness clubs located in the United States, Canada, Spain, Portugal, Costa Rica, and Australia. Founded by Doug Levine in 1989, its current CEO is Jim Rowley....Crunch Fitness.Trade nameCrunch FitnessMembers1.9 million10 more rows

Who founded Crunch Fitness?

Crunch was founded in a basement level aerobics studio in New York City's East Village in 1989 by Doug Levine. With the collaboration of exercise instructors the group fitness programming was started at Crunch. Today there are more than 500,000 gym members across the US and operations recently extended to Australia.

How many Crunch Fitness locations are there in the US?

Crunch Fitness has over 400 locations nationwide and is home to the state of the art HIIT Zone - providing fast-paced, results-driven workouts.

Who is the CEO of Crunch Fitness?

Keith Worts (Jan 10, 2013–)Crunch Fitness / CEO

Are Planet Fitness and Crunch Fitness the same?

Crunch Fitness and Planet Fitness really are remarkably similar in many ways. Both offer a convenient and relatively inexpensive way to access gym equipment and a comfortable workout space. In general, though, Crunch has a little bit more to offer when it comes to equipment, classes, and amenities.

Who is the CFO of Crunch Fitness?

Daniel GallagherDaniel Gallagher serves as the CFO of Crunch Fitness.

Who is the owner of Planet Fitness?

Chris Rondeau Chief Executive Officer Mr. Rondeau joined Planet Fitness in 1993, working the front desk at the very first location in Dover, NH, one year after the original founders, Michael and Marc Grondahl, started the Company in 1992. Today the brand has over 2,000 locations system-wide.

How many 24 Hour fitness locations are there?

28724 Hour FitnessTypePrivateHeadquartersCarlsbad, California , United StatesNumber of locations287Area served11 U.S. statesKey peopleKarl Sanft, CEO7 more rows

What does reciprocity mean in crunch?

How does reciprocity work at Crunch? Access to the entire network of Crunch clubs is based on the club type and membership type you enroll under. Peak and higher memberships give you access to all Crunch Clubs except Select and Signature clubs. Select clubs.

How many Crunch locations are in Florida?

They currently have six locations in Orlando and 15 more in development in the Southeast region of Florida. NorthCastle partners recently provided equity capital to help drive future growth with more than 100 Clubs expected to be open and operating within five years.

Is Planet Fitness a billion dollar company?

Planet opened 34 clubs during the quarter, bringing system-wide total stores to 2,324 as of June 30, 2022 and helping to increase system-wide sales by $151 million to $1.019 billion from $868 million in the prior year period.

How do you open a crunch?

Becoming a Crunch Franchisee Requirements are for all partners to have at least a combined $1 Million in net worth and $300,000-$400,000 liquid capital to be eligible for additional financing, if needed.

Who is the owner of Planet Fitness?

Chris Rondeau Chief Executive Officer Mr. Rondeau joined Planet Fitness in 1993, working the front desk at the very first location in Dover, NH, one year after the original founders, Michael and Marc Grondahl, started the Company in 1992. Today the brand has over 2,000 locations system-wide.

Who is the CFO of Crunch Fitness?

Daniel GallagherDaniel Gallagher serves as the CFO of Crunch Fitness.

Is Planet Fitness a billion dollar company?

Planet opened 34 clubs during the quarter, bringing system-wide total stores to 2,324 as of June 30, 2022 and helping to increase system-wide sales by $151 million to $1.019 billion from $868 million in the prior year period.

Where is Crunch Fitness's headquarters?

Crunch Fitness is located in New York, New York, United States.

Who invested in Crunch Fitness?

Crunch Fitness is funded by Seacoast Capital Partners.

How much funding has Crunch Fitness raised to date?

Crunch Fitness has raised —.

When was the last funding round for Crunch Fitness?

Crunch Fitness closed its last funding round on Jan 29, 2020 from a Private Equity round.

When was crunch fitness founded?

Crunch Fitness is an American chain of fitness clubs founded in 1989.

Who bought Crunch Fitness?

Crunch Fitness was bought out by Angelo Gordon on Oct 8, 2009.

Where is crunch gym?

Crunch was founded in a basement level aerobics studio in New York City’s East Village in 1989 by Doug Levine. With the collaboration of exercise instructors the group fitness programming was started at Crunch. Today there are more than 500,000 gym members across the US and operations recently extended to Australia.

What is crunch franchise?

As a Crunch franchisee, you present your community an incredible value. From No Judgments®, to proprietary group fitness classes, to pressure-free enrollment, complimentary tanning, and HydroMassage®, to personal and small-group training, you’ll have more to offer than your competition, and all at an unbeatable price.

What is crunch known for?

Crunch has always been known for its fun, irreverent, quirky and motivating marketing. We pair our strong brand with tools you can use to reach prospective members in your community.

What happens when you join crunch?

When you join Crunch as a franchisee, you don’t join a chain of gyms, you become part of a team. You’ll connect and learn from other franchisees and work directly with senior leaders and industry experts in their respective fields, all of whom are focused on your results.

How much is Crunch membership?

Crunch offers the most bang-for-the-buck! For $9.95, members get access to state-of-the-art equipment, online nutrition and one free Personal Training session. But we didn’t stop there. Starting at $10 more, we up the ante with proprietary group fitness classes, small group training, and streaming workout videos, and top it off with indoor cycling, multi-club access, and unlimited guest privileges, tanning and HydroMassage®.

What is Crunch online portal?

Our online portal lets members track their workout progress, manage their account and see upcoming class schedules.

How long has Pete been in the fitness industry?

Pete has been in the industry for 20+ years in multi-unit sales, ops, PT, & group fitness. In addition to Crunch, where he started in 1999, he’s also worked with TSI, Fitness First Australia, & Les Mills. Pete says a people focused approach is the key to success.

When did John join Crunch?

John joined Crunch in 2009 to lead club development after a strong career in operations and sales development with Nextel, T-Mobile and Cartridge World USA.

About Crunch Franchise

Crunch is a health club chain that leads the industry in fusing fitness and entertainment. Since opening our doors in 1989, our mission has been to make working out a good time. Today, we are renowned for creating one-of-a-kind group fitness classes and unique programming for our wildly diverse members.

How Much Does It Cost To Open A Crunch Franchise Franchise?

There are several costs associated with opening a Crunch Franchise franchise. There is typically a franchise fee set by the franchisor, which covers the costs of opening a franchise location. Some other commons fees include equipment fees, marketing fees, licensing fees, insurance, and taxes, to name a few.

Training and Support Offered By Crunch Franchise

Crunch Franchise offers several support options to its franchisees. With 300 (as of 2020) units, Crunch Franchise aims to provide support to each franchise owner to help them operate a successful franchise location. Crunch Franchise offers 147 hours on the job training, 63 hours classroom training, and No additional training.

Is Crunch Franchise Right For You?

Crunch Franchise has gone digital! Here are all of the ways you can find Crunch Franchise online. Oftentimes, you can reach out to current franchisees of Crunch Franchise online.

Why Should You Start a Crunch Franchise Franchise?

Investing in a Fitness franchise such as Crunch Franchise can kickstart your franchise portfolio. Our goal at Why Franchise is to provide you with the resources needed to be a successful franchise owner. Fill out the form below to get more information about Crunch Franchise franchise and we'll be in touch soon!

Crunch

Crunch is a gym that believes in making serious exercise fun by fusing fitness and entertainment and pioneering a philosophy of No Judgments.

About Crunch

Crunch is a gym that believes in making serious exercise fun by fusing fitness and entertainment and pioneering a philosophy of 'No Judgments.' Crunch serves a fitness community for all types of people, with all types of goals, exercising all different ways; working it out at the same place together.

Available Franchise Opportunities

While Crunch is not currently accepting new applicants on Franchising.com, these other similar opportunities are actively looking for new franchisees.

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