News :
Cuts Fitness Announces Aggressive Expansion
Business Wire (press release) - San Francisco,CA,USA, July
19 2005 -- Cuts Fitness, the one of the fastest growing franchises in
the world, has announced an aggressive international expansion plan
via Master Franchising throughout the UK and Europe. The company will
be leveraging its success in Ireland, where its Master Franchisor will
be opening 35 Cuts Fitness For Men locations over the next 18 months.
"We are extremely excited about the great success
that we are experiencing in Ireland and are confident that we will have
the same success throughout the UK and Europe," said John Gennaro,
President & Founder of Cuts Fitness. "We are currently in discussions
with several Master Franchise prospects for both Cuts Fitness For Men
and Cuts Fitness For Women and hope to finalize several relationships
focusing on this area by the end of 2005.
Cuts Fitness For Men has grown to over 185 franchise locations
sold in just 2 years. The company has locations in approximately 30
US States, Canada, Ireland & Guatemala.
Cuts Fitness For Women was recently launched as a stand
alone and/or complimentary franchise that represents a unique solution
in the women's only fitness market.
"We are extremely confident about the future of our
women's solution that doesn't currently exist in the fast growing women's
fitness segment," said John Gennaro. "We believe that a large
percentage of the over four million women who are currently working
out at existing women's only facilities are dissatisfied with their
current experience. We also see a terrific opportunity with women currently
working out at traditional health clubs who are also unhappy with their
current experience."
"The women's-only franchise market is the fastest
growing segment in the fitness industry," said John McCarthy, Executive
Director of IHRSA. "This initiative may even accelerate the growth
of this dynamic segment."
About Cuts Fitness For Men
Cuts Fitness is the fastest growing men's fitness franchise
in The United States. It features the "Body Cuts"(TM) System,
a comprehensive, thirty minute circuit training and cardiovascular-based
workout that appeals to men who don't have the time to spend hours in
a traditional gym. Since the opening of its first fitness center in
May, 2003, over 185 franchises have been acquired and the company expects
to have over 750 franchises sold by the end of 2005. Cuts Fitness For
Men was recently named as one of Entrepreneur Magazine's "New,
Hottest Franchises for 2005."
About Cuts Fitness For Women
Cuts Fitness for Women is a new and innovative fitness
franchise targeting women looking for a higher quality workout experience
in an upscale environment. It features the "Body Cuts"(TM)
System, a comprehensive, thirty minute circuit training and cardiovascular-based
workout that appeals to women who don't feel comfortable nor have the
time to spend hours in a traditional gym. Its sister company, Cuts Fitness
For Men, was recently named as one of Entrepreneur Magazine's "New,
Hottest Franchises for 2005."
(source :
home.businesswire.com)
