9Round Franchising, LLC Named A “Top Growth Franchise” By Entrepreneur Magazine
September 17, 2020 // Franchising.com // GREENVILLE, S.C. - 9Round Franchising, LLC, was recently ranked in Entrepreneur magazine’s first Top Growth Franchises list. This list recognizes the 150 companies with the greatest positive franchise unit growth in North America over a three year period, based on data submitted for Entrepreneur’s Franchise 500® ranking. Thanks to its exceptional growth, 9Round was ranked #22.
“Despite the challenges COVID-19 has presented this year, we are far from done when it comes to expansion,” said Shannon Hudson, Founder and CEO of 9Round. “As we head into 2021 we are laser-focused on cultivating and enhancing the brand to meet the changing needs of our customers always with the ultimate goal to help people become ‘stronger in 30 minutes.’”
"By maintaining steady, sustained growth over several years, these franchises have demonstrated that they have the systems in place to support their franchisees and help them become successful,” says Jason Feifer, Entrepreneur’s editor-in-chief. “Now as these and other companies around the country face unprecedented challenges, they may see their growth slow, but that record of success could prove more important than ever."
To determine the 2020 Top Growth Franchises ranking, Entrepreneur looked at each company’s U.S. and Canadian franchise numbers over a three-year period (from July 2016 to July 2019; given the rapid changes, COVID-19 impacts weren’t taken into account). In order to qualify, companies had to have positive growth of at least five units each year. They were ranked based on a formula that considers their total positive U.S. and Canadian franchise growth over the three years as well as factors that negatively affect growth, such as terminations, nonrenewals, and other closures.
To view 9Round in the full ranking, visit the Entrepreneur Top Growth webpage. Results can also be seen in the September issue of Entrepreneur, on sale September 1st.
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 30-minute, trainer-guided, full-body circuit format. The program is developed around a proprietary and copyrighted system of nine challenging workout stations created by Shannon himself. Since the workouts occur on a continuous circuit throughout the day, there are no scheduled class times. Members utilize 9ROUND PULSE, the brand’s wearable heart rate technology, to track effort, heart rate, calories burned and workout time during each 9Round session. Today, there are nearly 750 9Round locations open and operating throughout 41 states and in 19 countries including Canada, Costa Rica, Australia, Argentina, Guatemala, India, Japan, Jordan, Kuwait, Lebanon, Mexico, Ecuador, New Zealand, Saudi Arabia, Singapore, Spain, the United Arab Emirates, the United Kingdom and the United States. For more information, please visit the 9Round website.
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