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Club Companies Fall from Inc. 500 List to Inc. 5,000 List

OVERLAND PARK, KS — It may be a sign of the times that the three private health club companies who made the Inc. 500 list last year have now dropped to the Inc. 5,000 list this year. No other club companies made the Inc. 500 list, and one dropped off the Inc. 5,000 list completely.

Snap Fitness, Chanhassen, MN, had been ranked No. 16 on last year's list, but it is now No. 591. Anytime Fitness, which was No. 285 last year, is No. 1,876 this year. Planet Fitness, Newington, NH, had been No. 471 in 2009, but this year, it is No. 920.

Snap Fitness and Anytime Fitness, the two key-card club franchisors, dropped in revenue from 2008 to 2009. Snap had $31.7 million in 2008 and $26.5 million in 2009 while Anytime had $26.7 million in 2008 and $17.9 million in 2009. Planet Fitness' revenue did increase from 2008 to 2009 — jumping from $99.4 million to $129.5 million.

Club One, San Francisco, dropped from the list this year after being ranked No. 4,629 last year. However, three new club companies joined this year's list: O2 Fitness, Raleigh, NC (No. 3,157); Mountainside Fitness, Gilbert, AZ (No. 3,673); and BodyScapes Fitness, Newtown, MA (No. 4,233).

O2 Fitness had a three-year growth rate of 63 percent with $6.6 million in 2009 revenue. Mountainside Fitness grew by 44 percent during the past three years, coming in with $23.4 million in 2009 revenue. BodyScapes Fitness had $3.2 million in 2009 revenue, a 26 percent growth rate during the past three years.

Also on the list was Fitness Together Holdings, Highlands Ranch, CO. Its revenue decreased from $12.5 million in 2008 to $9.9 million in 2009, and its ranking on the Inc. list also dropped from No. 3,848 last year to No. 4,913 this year.

The only company that climbed on the list was club management company Plus One, which had $44.8 million in 2009 revenue (compared to $39.5 million in 2008) and an 83 percent growth rate during the past three years. It rose from No. 3,412 on last year's list to No. 2,748 on this year's list.

Plus One attributed its rise to the expansion and success of its corporate wellness and health risk management program offerings, the development and impact of strategic partnerships providing advanced and integrative offerings, and its organic growth with new and existing client engagements through expanded service offerings and superior service delivery.

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