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GREENVILLE, S.C. – JANUARY 21, 2020 – 9Round Franchising, LLC, was recently ranked for the eighth year in a row on Entrepreneur magazine’s Franchise 500®. The kickboxing franchise made the 2020 list at number 139, also claiming the sixth highest ranking out of a total of 22 brands in the Fitness Businesses category that made this year’s list.
Over its 41 years in existence, the Franchise 500 has become both a dominant competitive measure for franchisors and a primary research tool for potential franchisees. 9Round’s position on the ranking is a testament to its strength as a franchise opportunity.
“To be featured on the Franchise 500 is one of the most highly sought-after honors in the franchise space, so to have been included in this list now for eight out of the 11 years since the inception of our brand is an extraordinary feat,” said Shannon Hudson, Founder and CEO of 9Round. “As we enter into 2020, now with 20 international markets making up our global network, this prestigious recognition sets the tone for what we anticipate will be another successful decade for our 9Round brand.”
The key factors that go into Entrepreneur’s evaluation of brands when compiling the list include costs and fees, size and growth, support, brand strength and financial strength and stability. Each franchise is given a cumulative score based on an analysis of more than 150 data points, and the 500 franchises with the highest cumulative scores become the Franchise 500 in ranking order.
"The 500 companies on this list all have something in common: They understand what consumers want now,” says Entrepreneur editor in chief Jason Feifer. “They may be an upstart in a brand-new category, or they may be a brand that’s ranked highly on our list for decades. But either way, making our list means they’re forward-thinking, nimble, and closely in touch with their customers’ needs—because in an ever-changing business environment, that’s what a franchise must do to thrive."
To view 9Round in the full ranking, visit http://www.entrepreneur.com/franchise500. Results can also be seen in the January/February 2020 issue of Entrepreneur, now available on newsstands as of January 14.
For more information about owning a 9Round franchise, visit http://www.9Round.com/fitness-franchises.
Founded in 2008 by professional kickboxer Shannon Hudson and his wife, Heather, 9Round is a specialized fitness center that brings kickboxing fitness training to the average person in a convenient, affordable, 30-minute, full-body circuit format. The program is developed around a proprietary and copyrighted system of nine challenging workout stations developed by Shannon himself. Today, there are nearly 800 9Round locations open and operating throughout 42 states and in 20 countries including Canada, Costa Rica, Australia, Argentina, Guatemala, India, Japan, Jordan, Kuwait, Lebanon, Mexico, Ecuador, New Zealand, Saudi Arabia, Singapore, Spain, Turkey, the United Arab Emirates, the United Kingdom and the United States. For more information, please visit www.9round.com.