golds-ext-770_0.jpg Photo courtesy Gold's Gym.

Gold's Gym Opens 12 Clubs Internationally in Q1 2018

The openings include seven international clubs and five American clubs as part of what the company said could be its "strongest year to date."

Gold's Gym International, Dallas, announced it opened 12 new clubs domestically and abroad during the first quarter of 2018.

The openings include seven international clubs: four in India, two in Saudi Arabia and one in Japan. Additionally, Gold's Gym opened five American clubs: two in California, one in Texas, one in New York and one in Maryland.

For 2018, Gold's Gym previously announced a plan to open 25 U.S. clubs in "hot" markets including Atlanta, Minneapolis and Tampa.

Globally, the company is also targeting expansions in Europe, China and Qatar.

“We are experiencing powerful growth this year, and our new locations we’ve opened in Q1 set the stage for what’s ahead,” Ken Phipps, director of global franchising development, said in a media release. “Our rapid development continues to exceed expectations, validating the sophistication of our franchise investors and the demand for an award-winning business model that is leading the industry. We pride ourselves on providing our franchisees the path to success including delivering the best experience for members, innovative programs and state-of-the-art facilities.”

Phipps has said 2018 could be Gold's Gym's "strongest year to date."

Gold's Gym opened 49 clubs in 2017. Its biggest venture was a record-sized 140,000-square-foot club in Amman, Jordan, that opened in May.

Earlier this year, Gold's Gym was named Best Health, Fitness & Beauty Franchise by Global Franchise Magazine.

The company has more than 700 locations in 28 countries. More than 145 of the locations are corporate owned.

 

 

 

 

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