9Round Continues to Climb in Entrepreneur's Annual Franchise 500 Rankings®
December 23, 2014 // Franchising.com // GREENVILLE, SC – 9Round continues to climb rapidly in Entrepreneur's Annual Franchise 500® rankings. After debuting at #443 in 2013, 9Round advanced a total of 155 spots in three years and, at #288 in the 2015 ranking, earned its first rank below 300.
In the most recent rankings, 9Round was also recognized as one of the top companies (#18) that began franchising in the last five years, as well as one of the fastest-growing companies (#93) over the last two years.
Recognized as the best and most comprehensive franchise ranking in the world, the Franchise 500® evaluates a wide variety of franchising opportunities in numerous categories, including automotive, business services, education, food, health care, home improvement and personal care businesses, among others. All companies, regardless of size, are judged by the same criteria: objective, quantifiable measures of franchise operations. The most important factors include financial strength and stability, growth rate and size of the system. The ranking also considers the number of years a company has been in business and the length of time it's been franchising, startup costs, litigation, percentage of terminations and whether the company provides financing.
"Being ranked for the third consecutive year among America's top franchise opportunities is a tremendous honor and showcases that 9Round is the dependable and sustainable leader in our industry," said co-founder Shannon Hudson. "We're constantly moving, and that means forging new relationships and gaining presence in new markets, while empowering our existing franchisees with the tools they need to continue to succeed."
In the nearly six years since launching its franchise opportunity, 9Round has grown to 175 locations throughout the United States and Canada, 139 of which have opened since the beginning of 2013, including 84 this year alone. With more than 100 additional locations in various stages of development, 9Round expects to open 130 new locations in 2015 and have a total of 1,000 clubs worldwide by 2018.
The 36th Annual Franchise 500 ranking can be found at http://www.entrepreneur.com/franchise500/index.html.
Founded in 2007 by professional kickboxer Shannon Hudson, 9Round is a specialized fitness center that brings boxing and 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 175 9Round clubs open and operating throughout the United States and Canada, with plans to have a total of 1,000 locations by 2018. For more information, please visit www.9round.com.