Club Pilates Expanding through Large-Scale, Multi-State Deal with Area Developer Saber Ammori
IRVINE, Calif. – Club Pilates announced today a deal with entrepreneur Saber Ammori, leading to the signing of a multi-unit development agreement for 70 locations in addition to Ammori’s open studios and studios in development. Currently, Ammori owns and operates 14 Club Pilates units in the New York City area.
As part of this landmark deal, Ammori and Cohere Capital have formed Renew Fitness to operate and develop the existing and future locations. The franchisee group’s total number of potential studios will jump to 84, making Renew Fitness one of Club Pilates’ largest multi-unit franchisees.
“Even after twenty-plus years, Club Pilates continues to push the boundaries of boutique fitness franchising,” said Mike Nuzzo, CEO of Xponential Fitness. “This deal with Renew Fitness is a testament to the brand’s strength, economics, and staying power. We are thrilled to see large multi-unit owners and area developers reinvesting in the brand and making our incredible offerings accessible to more communities around the world.”
As part of the deal, Renew Fitness will acquire and develop studios in and around Michigan, Maryland, and New York.
“The goal has always been to keep growing with Club Pilates — my team and I are extremely passionate about this empowering, inclusive brand,” said Ammori. “There is still so much whitespace for Pilates in the U.S., and the formation of Renew Fitness will help us unlock that next phase of growth.”
SOURCE Club Pilates
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