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.
What is the history of history Crunch?
History 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.
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.
What happened to Crunch Fitness?
Bally Total Fitness bought Crunch in 2001 for $90 million in cash and stock. Initially intending to double the size to 40 gyms, Bally found the business unprofitable and was unable to get out of long-term leases in poorly performing locations. In 2005 Bally's sold Crunch to Angelo, Gordon & Co., a private equity firm, for $45 million.
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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 is the founder of Crunch Fitness?
Doug LevineCrunch 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.
How many Crunch locations are there?
Crunch now has more than 225 locations across 24 U.S. states, Puerto Rico, Canada, Australia and Spain, with commitments to open more than 500 more franchise locations.
Who owns crunch in the US?
FerreroCrunch is a chocolate bar made of milk chocolate and crisped rice. It is produced globally by Nestlé with the exception of the United States, where it is produced under license by the Ferrara Candy Company, a subsidiary of Ferrero.
Are Planet Fitness and Crunch Fitness the same?
Crunch is better than Planet Fitness in almost every way. Planet Fitness doesn't have a lot of strength equipment and doesn't allow you to do certain exercises. I wouldn't recommend it for most people. Crunch is better for people who enjoy strength training, taking group classes, or working with a personal trainer.
What is Crunch Fitness mission statement?
Crunch Fitness Mission Statement 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.
Why did Crunch charge me $50?
What is this charge for? The Annual Fee is an investment which provides for equipment upkeep, facility maintenance and periodic upgrades at our locations.
How many Crunch Fitness are in the US?
There are a total of 325 crunch locations in United States as of April 26, 2021 The state with the most number of CRUNCH FITNESS locations in the United States is New York with 14 locations, which is 5% of all crunch locations in United States.
What is the name of the Crunch philosophy?
EMBRACE A #NOJUDGMENTS PHILOSOPHY We are nurturers: we seek only to encourage, entertain, and empower.
Why is it no longer Nestlé's Crunch?
Nestle decided to sell its US confectionery business because sales were slumping.
Who is the CEO of Crunch?
Keith Worts (Jan 10, 2013–)Crunch Fitness / CEO
Why do Crunch bars taste different?
Instead of using red 40 and yellow 5 in Butterfinger bars, Nestle will use annatto, which “comes from the seeds found in the fruit from the achiote tree,” CNBC noted. Crunch bars are ditching the artificial vanillin and opting for natural vanilla instead.
What is the name of the Crunch philosophy?
EMBRACE A #NOJUDGMENTS PHILOSOPHY We are nurturers: we seek only to encourage, entertain, and empower.
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.
Is Planet Fitness a billion dollar company?
Planet Fitness had 976 locations across the U.S., Puerto Rico and Canada as of March, including 25 gyms in Southern California. Last year the company had $1.2 billion in revenue, according to a filing with the Securities and Exchange Commission.
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.
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.
Who is Craig from 24 Hour Fitness?
Craig oversees all club operations for the Franchise Company. He was formerly President of New York Health and Racquet Club and EVP of Sales and Marketing for 24 Hour Fitness. Craig is also a Founding Partner of the franchise company.
Background
Health is one of the most important aspects of our lives. One of the best things that you can do for yourself is join a gym. Unfortunately, 82% of Americans don't belong to a gym. This is where the Crunch franchise comes in.
Support and Training Offered By Crunch
Franchisees will receive all the information and training that they need to know about running the gym. This includes classroom training that lasts 53 hours, as well as 160 ours work of on-the-job training.
Franchises Similar to Crunch
The International Franchise Professionals Group (IFPG) is an internationally recognized membership-based franchise organization. IFPG Franchise Consultants guide aspiring business owners through the process of identifying and investing in franchise businesses. The IFPG represents more than 550 franchises.
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.
What is the franchise fee?
What you need to know: Found in Item 5 of the FDD, this may be a flat fee, or may vary based on territory size, experience, or other factors.The franchise fee is an up-front (one-time) cost that a new franchisee pays to the franchisor. This fee is usually due at the signing of the franchise agreement and covers the right to use the franchisor's trademarks, name, and related business systems.
How long is a franchise agreement?
What you need to know: Franchise terms are typically anywhere from 5 to 20 years in length, but are sometimes instead dependent on factors such as the term of your lease. Once your term is up, you may have the option to renew your agreement, typically for a smaller fee than the original franchise fee.
Do franchisors have in-house financing?
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
Is Crunch Fitness a franchise?
Franchising since 2010, Crunch fitness centers offer access to workout equipment, personal training, and a variety of classes to base members. Peak members, who pay a higher monthly membership fee, also receive tanning services, free guest passes, and access to an online fitness and nutrition program that includes meal planning, recipes, fitness videos and tools, and nutritional products.
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.
Overview
History
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 acquired Crunch in 2001 for $90 million in cash and stock, 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…
Group fitness classes
The clubs offer an array of group fitness classes, including stationary bike workouts, Pilates, Yoga, and Zumba. Initially, Crunch Fitness featured some unusual classes such as bicycle-based yoga, coed wrestling, and an "Abs, Thighs and Gossip" class run by a drag queen. As early as 1997, Crunch offered pole dancing and capoeira. Although the classes were later standardized across various locations, some popular offbeat classes remain, such as karaoke bicycling, Pound, Antig…
Memberships
The company has two primary categories of gyms: Crunch Signature and Crunch Fitness. Crunch Signature locations are premium, full-service clubs with monthly memberships that typically range from $85 – $130, mainly located in major metropolitan areas, and offer a wide array of services, classes and amenities. Crunch Fitness locations offer group classes, advanced HIIT classes, and traditional gym services for $9.99 to $29.99 a month. As of 2022, 28 of Crunch's locations were …
External links
• crunch.com - official website