9Round Named to Inc. Magazine’s 37th Annual List of America’s Fastest-Growing Private Companies - the 2018 Inc. 5000
For the Fourth Time, 9Round Franchising, LLC, Appears on the Inc. 5000, Ranking Number 1649 With Three-Year Revenue Growth of 279 Percent
August 28, 2018 // Franchising.com // GREENVILLE, S.C. - 9Round Franchising, LLC, has been ranked at number 1649 on the 37th annual Inc. 5000, the most prestigious ranking of the nation’s fastest-growing private companies. This is the fourth consecutive year 9Round has been included in this list that represents a unique look at the most successful companies within the American economy’s most dynamic segment - its independent small businesses.
“We are honored to be featured once again on the Inc. 5000,” said Shannon Hudson, Founder and CEO of 9Round. “9Round has grown tremendously over recent years and we are excited to have that growth recognized by a renowned thought leader in the business world, Inc. magazine.”
Once again, 9Round ranks among an elite category of businesses that have been recognized on the list more than once. Furthermore, only one out of every six companies on the list can join 9Round in saying they have been on the list for four years.
This year’s Inc. 5000 was especially impressive as a whole, as the 2018 list of businesses collectively achieved an astounding three-year average growth of 538.2 percent, and a median rate of 171.8 percent. The Inc. 5000’s aggregate revenue was $206.1 billion in 2017, accounting for 664,095 jobs over the past three years.
“If your company is on the Inc. 5000, it’s unparalleled recognition of your years of hard work and sacrifice,” said James Ledbetter, Inc. editor in chief. “The lines of business may come and go, or come and stay. What doesn’t change is the way entrepreneurs create and accelerate the forces that shape our lives.”
Complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, region, and other criteria, can be found at www.inc.com/inc5000.
Founded in 2008 by professional kickboxer Shannon Hudson and his wife, Heather, 9Round is a specialized fitness center that brings 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 720 9Round locations open and operating throughout 42 states in the U.S. and in 13 more countries including Costa Rica, Turkey, Australia, Canada, Japan, Jordan, Lebanon, Mexico, New Zealand, Saudi Arabia, the United Arab Emirates, the United Kingdom, and Singapore. For more information, please visit www.9round.com.
More about Inc. and the Inc. 5000
The 2018 Inc. 5000 is ranked according to percentage revenue growth when comparing 2014 and 2017. To qualify, companies must have been founded and generating revenue by March 31, 2014. They had to be U.S.-based, privately held, for profit, and independent - not subsidiaries or divisions of other companies - as of December 31, 2017. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2014 is $100,000; the minimum for 2017 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. Companies on the Inc. 500 are featured in Inc.’s September issue. They represent the top tier of the Inc. 5000, which can be found at http://www.inc.com/inc5000.
About Inc. Media
Founded in 1979 and acquired in 2005 by Mansueto Ventures, Inc. is the only major brand dedicated exclusively to owners and managers of growing private companies, with the aim to deliver real solutions for today’s innovative company builders. Inc. took home the National Magazine Award for General Excellence in both 2014 and 2012. The total monthly audience reach for the brand has been growing significantly, from 2,000,000 in 2010 to more than 18,000,000 today. For more information, visit www.inc.com.
The Inc. 5000 is a list of the fastest-growing private companies in the nation. Started in 1982, this prestigious list has become the hallmark of entrepreneurial success. The Inc. 5000 Conference & Awards Ceremony is an annual event that celebrates the remarkable achievements of these companies. The event also offers informative workshops, celebrated keynote speakers, and evening functions.
For more information on Inc. and the Inc. 5000 Conference, visit http://conference.inc.com/.