Company Parts Ways with Former Master Franchisee, Brings on Ten New Franchisees Down Under
Gold’s Gym, the world’s leading authority on health and fitness, announced today that it has made several key moves to continue its rapid expansion efforts across Australia.
The company announced it has parted ways with its master franchisee, Leigh Taylforth. Effective Thursday, July 14, the following gym locations will no longer be affiliated with the Gold’s Gym brand: Fyshwick, Gunghalin, Tuggeranong, Bondi Beach, and Townsville.
In addition, the company formalized new direct deals with owners of the Miranda and Rockingham Gold’s Gym locations, enabling them to continue to grow their operations.
“The Rockingham and Miranda gyms are run by excellent operators and we are excited to have
them in our system,” said Craig Sherwood, senior vice president for franchising and international, Gold’s Gym.
Gold’s Gym plans to open 50 gyms during the next ten years in Adelaide, Brisbane, Mackay, Sydney and Perth. The company is dedicated to meeting the demands of the growing Australian fitness market and delivering the same high caliber of service that Gold’s Gym is known for across the world.
Gold’s Gym Australia Growth
“We see tremendous opportunity in the Australian fitness market and are thrilled to strike new deals with our direct franchisees there,” said Sherwood. “These deals will allow the Gold’s Gym brand to continue to grow while we begin the search for a new master franchise partner.”
About Gold’s Gym
Since 1965 Gold’s Gym has built a Legacy of Strength − a legacy that goes back to the very first Gold’s Gym in Venice, California. Fifty years later, Gold’s Gym is the most recognized gym chain in the world with more than 700 locations in 38 states and 23 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 potential through fitness.
Contact
Leslie Norden
MWW Group
+1(646) 381-9014
Gold’s Gym
Caitlin Maddox
Tel. +1(214) 296-5090
cmaddox@goldsgym.com