News Summary
JF Fitness has recently acquired two Crunch Fitness locations in Jacksonville, Florida, marking a significant expansion for the gym franchise. The new gyms, located in Harbour Village and Regency Park shopping centers, aim to make fitness more accessible and enjoyable for locals. Founded in Richmond, Virginia, JF Fitness is positioned as a leading franchisee of Crunch Fitness with ambitious plans for further growth in Florida’s fitness industry.
Jacksonville Welcomes New Fitness Opportunity!
Big news for fitness enthusiasts in Jacksonville, Florida! JF Fitness, a notable player in the gym franchise world, recently made headlines by acquiring two existing Crunch Fitness locations in town. This exciting development was announced on March 3 and is set to shake up the Jacksonville fitness scene.
New Locations to Get Excited About
So, where can you find these new spots? The first location is nestled in the Harbour Village shopping center at 13475 Atlantic Blvd, and the second is located at 9400 Atlantic Blvd in the vibrant Regency Park shopping center. These gyms are not just ordinary fitness centers; they are part of a growing trend aimed at making fitness accessible and fun for everyone in the area.
Did you know? The Harbour Village location opened just last year in 2022, while the Regency Park location is brand spanking new, having opened its doors in early 2023. Jacksonville residents have some fresh gyms to explore!
Meet JF Fitness
Founded in Richmond, Virginia, JF Fitness is not your average fitness company. It has established itself as one of the top five franchisees for Crunch Fitness, with a portfolio that extends across several states such as Alabama, Georgia, Maryland, North Carolina, South Carolina, and Virginia. And now Florida joins the list! The company is on a mission to expand its operations, aiming for over 60 clubs by 2028.
The spark behind this expansion comes from the founder and CEO, who sees incredible potential for growth in the fitness industry in Florida. The enthusiasm is contagious, and you can feel the excitement in the air about what these gyms will bring to the Jacksonville community.
Why the Acquisition Matters
Previously owned by fitness mogul Craig Pepin-Donat, who is affectionately known as “Fitty Smallz” or “Notorious F.I.T.,” along with franchise partner Chad Smith, these gyms have been ambassadors of health in Jacksonville. With Craig’s background as an author and fitness rap star, these gyms have a unique flair that is sure to maintain its charm even under new ownership.
While the financial details of the deal remain under wraps, one thing is for sure: this acquisition marks a significant step for JF Fitness, highlighting a commitment to expanding the fitness culture in Florida.
Crunch Fitness: A Global Player
To add even more excitement, Crunch Fitness is a global entity with approximately 425 gyms worldwide, operating in 37 states and even making waves in countries like Australia, Canada, and Spain. With such an extensive network, they are a powerful presence in the fitness community.
Fun fact: There’s another Crunch Fitness location over in Orange Park, but don’t worry, that spot wasn’t included in this recent acquisition. This means that Jacksonville is getting even more diverse fitness options, just in time for those New Year health goals!
The Future Looks Bright
In June, JF Fitness attracted investment from two private equity firms — Trive Capital and 808 Capital Partners. This support opens the door for even more exciting developments within the company. Trive Capital, based in Dallas, manages around $7 billion in assets, so it’s clear that JF Fitness is not in it for a quick gain. They are serious about building something substantial in the fitness realm.
So, whether you’re a seasoned gym-goer or just looking to dip your toes into fitness, the acquisition of these Jacksonville Crunch Fitness locations is an opportunity to explore new workouts, meet like-minded individuals, and jump on the fitness bandwagon!
In conclusion, the acquisition by JF Fitness marks a new chapter for fitness in Jacksonville, offering more options for locals to chase their health and wellness goals. Keep your eyes peeled for what’s next in this exciting journey!
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Additional Resources
- Jax Daily Record: Two Jacksonville Crunch Fitness Gyms Sold
- Google Search: Crunch Fitness
- Franchise Times: Crunch Canada Becomes Trive Capital’s Second Investment
- Wikipedia: Franchising
- Street Insider: Crunch Franchise Brings Fitness Facility to Myrtle Beach
- Encyclopedia Britannica: Fitness
- PE Hub: Trive Capital & 808 Capital Partners Invest in JF Fitness
- Google News: Fitness Industry News
