Cuts Fitness Announces Franchise Expansion Into Mexico; Master Franchise Agreement Will Bring Over 100 Franchise Locations In 5 Years
Posted on: Thursday, 4 August 2005, 15:00 CDT
-Cuts Fitness, one of the fastest growing fitness franchises in the world, has announced a Master Franchise Agreement with Fitness Man, S.A. de C.V. which will bring over 100 Cuts Fitness For Men franchise locations to Mexico over the next five years.
"We are very excited and committed to developing the Cuts Fitness For Men franchise in the Mexico market via our alliance with Fitness Man, S.A. de C.V.," said John Gennaro, President & Founder of Cuts Fitness. "As one of Latin America's most influential economies, the Mexican market represents an outstanding expansion opportunity for us and we feel that our aggressive growth will certainly continue in Mexico."
"We're thrilled to be able to bring Cuts Fitness For Men to Mexico," said Enrique Flores, President of Fitness Man, S.A. de C.V.. "Men throughout Mexico will soon be able to enjoy the same convenient and effective thirty minute workout that thousands of others around the world are experiencing.
"The fitness industry continues to evolve around the world, and we are excited to be poised as leaders in this growth and evolution in our region."
"The Mexico fitness market is experiencing rapid growth and Cuts Fitness For Men's entry into this space confirms this," added John McCarthy, Executive Director of the International Health & Racket Club Association.
About Cuts Fitness
Cuts Fitness is one of the world's fastest growing men's only and women's only fitness franchises. It features the Body Cuts System, a comprehensive, thirty minute circuit training and cardiovascular-based workout that appeals to men and women who don't have the time to spend hours in a traditional gym. Since the opening of its first fitness center in May, 2003, over 200 franchises have been acquired. Cuts Fitness was recently named as one of Entrepreneur Magazine's "New, Hottest Franchises" for 2005.
Source: Business Wire
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