9Round Named to Forbes' 2015 List of "America's Most Promising Companies"
March 11, 2015 // Franchising.com // GREENVILLE, SC – 9Round, the world's fastest-growing kickboxing gym franchise, announced today that it has been named one of "America's Most Promising Companies" by Forbes Magazine. The annual list is a ranking of the Top 100 privately-held companies today, based on revenue and employment growth, how long they've been doing what it is they do, operating margins, capital raised, product ideas, management and other factors.
At #99, 9Round is the only fitness concept listed on the 2015 ranking.
"This recognition is extremely gratifying and serves as validation of 9Round's steadfast commitment to break the mold in the fitness industry and provide our members with a one-of-a-kind fitness option," said 9Round co-founder Shannon Hudson. "It also adds momentum to our plans for 2015 and beyond, as we continue to expand our global footprint and introduce millions more to our specialized boxing and kickboxing fitness training."
9Round's inaugural appearance on the list follows a phenomenal year of growth that saw the opening of 84 new clubs in 2014, including the company's first Canadian location. The company also signed international agreements for nearly 300 additional locations throughout Australia, Mexico and the Middle East. To top it off, 9Round was ranked for the third consecutive year among America's top franchise opportunities in Entrepreneur's Annual Franchise 500® rankings, advancing a total of 155 spots and earning its first rank below 300.
The burgeoning brand is already on pace to surpass last year's success, having opened 30 new clubs in the first two months of this year, including its first locations in Australia and Mexico. Company plans call for opening as many as 150 new locations by the end of 2015.
"This is an amazing start to 2015 and with the continued support of our executive team and members, we have much more to accomplish and share," Hudson said.
To view the complete list, click here http://www.forbes.com/most-promising-companies/.
Founded in 2008 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 more than 200 9Round clubs open and operating throughout the United States, Canada, Mexico and Australia, with plans to have a total of 1,000 locations by 2018. For more information, please visit www.9round.com.