9Round Finalizes Expansion Deals for Indonesia and Vietnam
June 10, 2020 // Franchising.com // GREENVILLE, S.C. - 9Round Franchising, LLC, confirmed plans for continued growth across Asia with the recent completion of two new master franchise agreements: one for Indonesia and one for Vietnam. Development in both countries is scheduled to begin as soon as possible.
“We are excited to welcome Indonesia and Vietnam to our roster as we continue to expand our presence across Asia,” said Shannon Hudson, Founder and CEO of 9Round. “Based on what we’ve already seen across this continent, we expect 9Round will be the perfect fit for both countries due to its appeal to customers, small real estate footprint, efficient business model and proven international scalability.”
According to Indonesia’s master franchise agreement, 9Round plans to open 25 locations across the country over the next seven years, with Jakarta identified as the country’s first city set to open a studio. Vietnam’s master license outlines a plan to open 24 locations in 10 years, with Ho Chi Minh City set to be the location of the country’s first 9Round studio.
In addition to the 20 countries where 9Round is currently open and operating, the brand has finalized deals for future development in three more countries beyond Indonesia and Vietnam: Colombia, Panama and Qatar. Next in the works for 9Round’s global franchise expansion efforts are deals with Brazil and South India.
“We kicked off 2020 with locations open and operating across 20 countries, and even with the challenges COVID-19 has presented, we are far from done when it comes to international expansion,” said Shannon Hudson, Founder and CEO of 9Round. “As we continue to grow the brand’s presence, it’s only a matter of time before people in all corners of the world can access 9Round to become ‘stronger in 30 minutes.’”
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 nearly 800 9Round locations open and operating throughout 42 states and in 20 countries including Canada, Costa Rica, Australia, Argentina, Guatemala, India, Japan, Jordan, Kuwait, Lebanon, Mexico, Ecuador, New Zealand, Saudi Arabia, Singapore, Spain, Turkey, the United Arab Emirates, the United Kingdom and the United States.
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