Inc. magazine recently released its annual Inc. 5,000 list, and once again, the fitness industry is well represented.
The club companies on the list are Get in Shape for Women, Needham, MA (No. 1,414); CorePower Yoga, Denver (No. 2,074); Club 24 Health and Fitness, Killingworth, CT (No. 2,771); Planet Fitness, Newington, NH (No. 2,878); O2 Fitness, Raleigh, NC (No. 3,119); Snap Fitness, Chanhassen, MN (No. 3,608); Anytime Fitness, Hastings, MN (No. 3,633); and Mountainside Fitness, Tempe, AZ (No. 4,662).
Suppliers from the fitness industry on the Inc. 5,000 list this year include three software companies: Fitness On Request, Maple Grove, MN (No. 353); Mindbody, San Luis Obispo, CA (No. 1,358); and Motionsoft, Rockville, MD (No. 1,591). Also on the list is Big Ass Fans, Lexington, KY (No. 2,323).
Other fitness-related and wellness companies on the list are Wellness Corporate Solutions, Bethesda, MD (No. 355); Tiger Fitness, Cincinnati (No. 699); Fitness Consulting Group, Elizabethtown, KY (No. 943); Sonic Boom Wellness, Carlsbad, CA (No. 2,040); and Chiro One Wellness Centers, Oak Brook, IL (No. 4,763).
The 2013 Inc. 500 and Inc. 5,000 lists are ranked according to percentage revenue growth from 2009 to 2012. To qualify, companies must have been founded and generating revenue by March 31, 2009. Companies had to be U.S.-based, privately held, for profit, and independent—not subsidiaries or divisions of other companies—as of Dec. 31, 2012.
Median growth rate of companies on the 2013 Inc. 500 and 5,000 lists is 142 percent. The companies on this year's lists created more than 520,000 jobs in the past three years, and aggregate revenue among the companies reached $241 billion, according to the magazine.
"Not all the companies [on the Inc. lists] are in glamorous industries, but in their fields they are as famous as household name companies simply by virtue of being great at what they do," Inc. Editor Eric Schurenberg said in a statement. "They are the hidden champions of job growth and innovation, the real muscle of the American economy."