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Cybex International, Inc. Reports Fourth Quarter Results CYBI +22.37%
Now, she said she's aggravated she can't start her workouts at Powerhouse!
BATON ROUGE, LA - Signs promoting a $1 enrollment fee and $20 per month membership plans at Powerhouse Gym have been up for months on South Sherwood Forest Boulevard.The brand new gym was set to have a Jan. 13 grand opening. One member, who asked not to be identified, signed up in October. "We thought, 'Okay, three months it'll be ready,'" the woman said. "New Year's resolution, you know, get in shape. Well, New Year's came around. They didn't open." She said she paid $59 up front and some of her friends paid up to $700 for a full year's membership. Now, she said she's aggravated she can't start her workouts at Powerhouse. The woman is not alone. Dozens of people are taking their frustrations to the gym's Facebook page.Randy Young, the gym's general manager, said delays like this are normal."This will be my 109th gym," he said. "The original day was January 13th. The average gym in America opens between three months and six months late." The construction was on target for the January opening, according to Young, but problems with contractors slowed things down."When we first started the project we started with a contractor that was going to be a partner. [We] had problems with that contractor. He was building without permits," Young explained.City records show the department does not currently have permits on file to continue building Powerhouse Gym and in December, a stop-work order was issued.Young said he will have permits in the next couple of days and the gym should open in 30 days. That's two months after paid members planned to break a sweat in the gym. "You have other gyms in the area that have opened up in less time than this one has," one member said. "It was supposed to be a state-of-the-art place. I ain't seen it."Powerhouse insists the gym will be worth the wait and invited the news crew to tour the facility in the next couple of weeks to show progress. Young said members will not be billed until the gym open http://www.wafb.com/story/16929444/contact-9-powerhouse-gym?autoStart=true&topVideoCatNo=default&clipId=6738801
Gold’s Gym Opens Valencia Presale Office
Gold’s Gym is opening a 5,000-square-foot preview center in Valencia today as it readies its new 35,000-square-foot location at Westfield Valencia Town Center to open later this summer. The preview center is open for the local community to stop by and sign up for a special membership rate and workout. Scheduled to open in August 2012, the new Gold’s Gym will be home to the cardio and weight equipment that includes individual LCD screens, iPod docking stations and a cardio movie theater, where members can watch films while working up a sweat. Members can also take advantage of strength-training equipment, a heavy-bags area, 25-meter outdoor pool, tanning center, jacuzzi and whirlpool, as well as personal training, men and women’s eucalyptus steam and sauna areas, a supplement store, kid’s club, pro shop and a selection of group-exercise classes. “We encourage everyone to stop by and check out our preview center to take advantage of our exceptional promotional rates and get a good feel for what’s to come,” said Rich Drengberg, vice president of sales and marketing for the Los Angeles’ Gold’s Gyms. Gold’s Gym preview center is located in the Westfield Valencia Town Center at 24201 W. Valencia Blvd., Suite 2065.
Gold's Gym International Acquires 11 Spectrum Athletic Club Locations in San Antonio
Gold's Gym International Gold's Gym International (GGI), the world's leading authority on health and fitness, announced today that it has signed an agreement to acquire all 11 Spectrum Athletic Club locations in the San Antonio area. The deal is officially slated to close by the end of February 2012. With 9 clubs already serving residents throughout the market, Gold's Gym will now have a total of 20 locations in the Alamo City. "We are thrilled to bring these 11 Spectrum Athletic Clubs into the Gold's Gym family and feel this acquisition was a natural fit," said Jim Snow, president of Gold's Gym International. "Both of our organizations are built around a strong culture of service and a brand promise of delivering an outstanding fitness experience to our members. With 20 locations to choose from, it will now be more convenient than ever for San Antonio residents to stay in shape and reach their fitness goals. No matter where you live, chances are there's now a Gold's Gym right around the corner." As part of the deal, the 11 Spectrum Athletic Clubs will rebrand under the Gold's Gym name. All current Spectrum memberships will be honored. In addition to having future access to current Gold's Gyms in San Antonio, Spectrum members will gain travel privileges to Gold's Gym's network of 700 gyms in 43 states and 30 countries. For Gold's Gym members, plans are being developed for a tiered membership option that would allow access to former Spectrum locations. "We're confident that our members and our employees will be in good hands and will continue to enjoy the high level of service they've come to expect from us," said Bud Rockhill, chief executive officer of Spectrum. "We think it's a great fit and that the transition will be seamless. This deal will allow us to strategically invest in our twelve Spectrum locations in Southern California, a business that we will continue to operate going forward." Spectrum members will now be serviced by a strong ownership group with years of award-winning customer service experience. GGI is one of the largest and most respected companies in the fitness industry. Founded in 1965, the company has more than 47 years experience delivering life-changing results for its members and is universally perceived as the authority in fitness. In addition, GGI has invested heavily in club enhancements and development in recent months. This includes investing more than $20 million in club improvements, new gym development, franchise growth and acquisitions, all of which demonstrate the momentum behind the company. The company plans to build additional gyms in San Antonio. "We are very bullish on San Antonio. It has truly become a fitness-conscious city in recent years and the demand for health and fitness services has grown rapidly," continued Snow. "This acquisition is a testament to our enthusiasm about the city and its potential. San Antonio is now the biggest market in our corporate portfolio and the second biggest Gold's Gym market in the country, right behind Washington, D.C. We look forward to growing with the San Antonio community for years to come." Spectrum was advised by Integrity Square LLC, with legal advice from Burr & Forman LLP. About Gold's GymEstablished in Venice, Calif. in 1965, Gold's Gym is the largest full service gym chain in the world with more than 700 locations in 43 states and 30 countries. Gold's Gym offers the latest equipment and services, including group exercise, personal training, cardiovascular equipment, group cycle, Pilates and yoga. With nearly 3 million members worldwide, Gold's Gym helps all kinds of people achieve their individual potential through fitness. For more information please visit www.goldsgym.com or www.facebook.com/goldsgym. About Spectrum Spectrum Clubs, Inc. is one of the most respected fitness companies in the United States, with twelve premium locations in Southern California. With roots that trace back to 1979, Spectrum offers spacious, modern facilities, highly trained staff, the latest in fitness equipment, high-end amenities and a full range of fitness programming. Spectrum prides itself in providing a fitness experience designed to help its members achieve their individual goals. www.spectrumclubs.com SOURCE Gold's Gym International
World Gym Announces Plans to Expand to China
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World Fitness Asia Limited (WFAL), the largest fitness operator in Taiwan has announced it will launch its first mainland China club this year, with plans to open an additional 100 stores within five years. “We have obtained a dominant position in our market (Taiwan) making it relatively easy to expand rapidly in greater China,” said John Caraccio, WFAL founder and President. WFAL currently operates 24 fitness clubs in Taiwan, and plans to double that number within the next two years, said Michael Sanciprian, CEO and partner of WFAL. WFAL plans to target 16 cities in China in which to expand, with per capita middle class incomes of $16,425 — such as Shanghai, Beijing and Shenzhen. Citing the lack of a dominant competitor in China and high consumer growth rates as the motivation for expansion, Sanciprian speculated that today’s Asian consumers were slowly becoming American-style consumers. “Today’s Asian consumer spends just as much on monthly dues, personal training and retail items as their counterparts in the U.S.,” said Sanciprian. WFAL opened its second “World Gym Elite,” — a more exclusive club than regular WFAL centers — in Taipei, Taiwan in February 2012, following the success of the first location in Taipei’s 101 Building, the world’s second tallest building. “The Taipei 101 club put us on the map in Asia, since so many Asian tourists pass through there every day, especially from mainland China,” said Sanciprian. “It’s become a natural extension that we go into China, given the language and cultural similarities with Taiwan.” WFAL memberships cost between $45 and $65 per month depending on the location, and average about $97,000 in monthly revenue for personal training per club.
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Family may sue in Gold's Gym death
Anytime Fitness CEO’s Book: “Working Out Sucks”
A new book by Chuck Runyon, CEO and co-founder of Hastings-based Anytime Fitness, LLC, hit bookstore shelves Tuesday—and it poses some provocative questions about staying fit. The book’s title starts out with a statement that one might not expect from the chief executive of a fast-growing fitness center franchise, but the complete title offers more insight into the book’s content: It’s called Working Out Sucks! (And Why It Doesn’t Have To): The Only 21-Day Kick-Start Plan for Total Health and Fitness You’ll Ever Need.According to a company press release, Runyon’s philosophy acknowledges that “working out may suck,” but he cites alternatives like heart disease, diabetes, and less sex as much worse. He also asks readers to ponder provocative questions such as, “Should parents of fat kids go to jail?” and “Is money allergic to fat people?” All proceeds from the book go to Limbs for Life, an Oklahoma City, Oklahoma-based nonprofit that provides prosthetic care to individuals who are unable to afford it. Watch the video trailer below to learn more about the book. Founded in 2002, Anytime Fitness now has more than 1,700 clubs and 1.3 million members worldwide. The company was featured as one of Twin Cities Business’ “Small Business Success Stories” in 2009, and it has recently been expanding rapidly. The franchise announced earlier this week that it has expanded to the Middle East.
IHRSA Announces Annual List of Health Club Trends for 2012
Click Here For Full Story By working with its global membership base of over 10,000 club and fitness businesses, examining industry research, and monitoring consumer fitness behaviors, IHRSA has identified the most significant trends health club goers will see over the next 12 months.A quick listing of the trends is below or read the complete explanation of each trend.
#1: More People Working Out in Clubs Club membership has increased more than 10% over the past three years despite the poor economy...
#2: Specific Programming and Certifications for Baby Boomers
As people age, strength, balance and functional training become even more important...
#3: Youth Programming
Health club members under the age of 18 grew from 3.8 million in 2007 to 6.1 million in 2010...
#4: Social Exercise
People want to have fun, experience great music, share the group "high"...
#5: Small Group Personal Training
Over 91% of the IHRSA clubs surveyed offer personal training, however the growth in training has not come from one-on-one training...
#6: Technology
Whether you want to track your mileage, speed, number of workouts, calorie burn, or strength level, there is an app for that...
#7: Convenient Fitness Options
A gym visit is not the only to-do on most people's calendars...
#8: Corporate Wellness Benefits
Employers are increasingly aware that a fitness benefit creates a happier, more productive work force, reduces employee health care expenses...
#9: Body Weight Exercise
Body-weight leverage equipment has become a must-have in many gyms...
#10: Physician Prescribed Exercise
Physicians are just beginning to prescribe the real wonder drug...
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LA Fitness Grants National Access, Bally Members Drop Lawsuit Threat
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Arrested at the health club after groping an employee's genitals in a nearby parking lot one day earlier.
L.A. Fitness buys old Malio's block for $4.8 million
Gold's Gym Grand Opening Another Brand New Location
1 dead, 1 wounded outside Texas fitness center
L.A. Fitness Buys Out Bally In Michigan
Covering Gym Fees Might Be Money Saver for Medicare
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LA FITNESS NEWS: Blockbuster deal will change the landscape of the health club industry
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| The LA Fitness acquisition of Bally marks the second big deal in the industry in the past four days. |
LA FITNESS NEWS: Blockbuster deal will change the landscape of the health club industry
I Will Weight Loss Studio Sales Manager Needed Located At Gold's Gym Anderson,SC
I Will Weight Loss Coaching Center located inside Gold's Gym in Anderson, SC is seeking a highly motivated, hard working, fitness and weight loss minded sales manager with experienced closing skills plus the ability to work morning and evenings with the afternoons and weekends off. You will work as a sales manager implementing a proven weight loss system with the necessary sales tools to make you successful.
- Must have a passion for sales and fitness.
- Must enjoy helping people improve their health and lose weight.
- Must posses strong self management skills.
- Must be able to turn incoming phone calls into new clients.
- Must not be afraid to speak with current members and new guest.
- Must be able to meet very reasonable sales goals each month with no excuses
- Must be able to stay self motivated without having someone over seeing you each day.
- Must be the type that works harder if you are projecting to not reach your current goal.
- Must be drug and alcohol free.
- Be your own boss!
- Drug-free workplace.
- Background screen and good sales manager references required.
Call Greg Smith 1-864-221-7710
NYC health club member sues for $230K over what he says was broken promise of free breakfast
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Health clubs scramble for Cardinal Fitness customers
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Virgin Active's New Campaign Uses Jane Fonda's Pictures
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Health and Fitness Clubs industry is expected to remain in a growth phase, with revenue expected to rise at an average annual rate of 2.6% to $28.2 billion in the five years to 2016,
Survival of the fittest
Friend IBISWorld on Facebook: http://www.facebook.com/pages/IBISWorld/121347533189
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Anytime Fitness Opens 100th Australian Club
Flirty Girl Fitness
Max Fitness Bumps Gold’s Gym..... Columbus,GA.
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A lawsuit was filed last week against 24 Hour Fitness....Faces Racketeering Charges
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Lean times hit health club industry in the gut
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Health Club vs. Strip Club.....and the winner is?
ALBUQUERQUE, N.M. -- Neighbors said they want a brand-new strip club in the northeast heights gone, but after Monday’s City Council meeting, the fully nude club won’t be stripped of its location.Click Like For New Mexico News Updates: The Palms Gentleman Club will stay open mostly because the majority of City Council members agreed that a nearby gym’s child care program doesn’t count as a school.“Is a fitness center a school? Has anyone ever held that a fitness center is a school? It’s almost preposterous to make that claim,” Palms attorney Roger Diamond said.From the beginning the controversy has been over the club’s location. The Palms club is right across the parking lot from a Defined Fitness and a Chili’s. The gym’s attorney argued that their child care program qualified them as a day care, meaning the strip club would be a no go because it was within 500 feet of a pre-elementary service.“I think that could be a school. If a day care is a school, then that is a school,” City Council President Don Harris said.Harris said the gym’s 10-week summer program, where kids spend hours learning, sure seemed like a school to him. But most council members said that the gym didn’t advertise itself as a school and doesn’t have the proper permits or licensed teachers on staff.All of that means the club is here to stay.The club also pointed out that it’s creating up to 40 local jobs. The gym said those jobs are coming at the expense of the hundreds of families that use their workout facility on a daily basis. The Palms will not serve alcohol because it’s fully nude.
UK fitness chain.... Low-cost fitness chain looks to bulk up
A low-cost UK fitness chain that caters to commitment-phobes has secured funding to double in size. Pure Gym, which offers access to its facilities without a monthly contract, raised £9m from Barclays and private investors to expand from 15 gyms to 28 in the next six months.
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Dangers of working out at home on “inferior” equipment. Perfect Pullup exercise equipment...45 people have been hurt. Join A "Health Club" Instead!
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Big Brother....Maryland Files Charges Against Health ClubAccused of misleading consumers
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What a Knucklehead! This Guy Filmed Naked Women At Anytime Fitness Health Club Tanning Bed!
Planet Fitness to open new location
Chesapeake Life Counsel has been at its Elkton location since 1993. Kuhs also is currently serving as a councilman on the Port Deposit Town Board. Jan has a law degree from Widener University.Cecil County Agriculture Coordinator Joanne Richart-Young tells me details for the fifth-annual Harvest Dinner will be out soon, but for now interested patrons should mark Wednesday, Aug. 31 on their calendars.This year's event will be at the Susky River Grille starting at 6 p.m. I want to remind you that this dinner is created each year from locally grown or produced food.(If you have any tidbits you would like to share with Cheryl Mattix for this column, contact her at cmattix@cecilwhig.com, or call her at 443-245-5040.)
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Local Health Club Shows Its Gratitude to Military Families
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