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Tennessee Gold's Gym (Antioch, Madison, Nashville and Hermitage) Owners, Global Fitness Holdings, Will Have Their Newest Gold's Gym in Hilliard, Ohio Featured on Good Morning America This Monday, April 23rd

Posted on: Friday, 20 April 2007, 09:00 CDT

On Monday morning (April 23rd), a segment of ABC-TV's Good Morning America will be broadcast live from the new Gold's Gym Hilliard. It will feature Gahanna resident Teri Davis, one of a group of "Challenge Yourself" dieters who have appeared on the program.

The newest state-of-the-art 58,000 square-foot fitness prototype's amenities will include: an Indoor Swimming Pool----panoramic elevated Indoor Track----full court basketball----racquetball----Cardio areas with over 150 pieces of the newest cardio equipment----personalized Flat Screen TVs----Cardio Movie Cinema----innovative Group Exercise Classes----Plush Locker Rooms----Dry Sauna----Tanning----Personal Training and Nutrition----Smoothie Bar----Pro-Shop----The Fit Factory equipped with Child's Basketball Court----Computer Stations, movie viewing area and Floor-to-Ceiling Play Land.

Global Fitness is the largest Gold's Gym franchisee worldwide and ranks in the top 25 Fitness Holding Companies in North America. It has recently opened 4 Gold's Gyms with unprecedented membership sales in their Ohio Territory -- Cincinnati (West Chester), Cleveland (Crocker Park -- Westlake) Dayton (The Greene - Beavercreek) and Columbus (Hilliard).

Currently there are 15 more Gold's Gyms under construction in Global Fitness' markets including 3 in Tennessee (Memphis, Nashville and Knoxville), 8 in Ohio - Cincinnati (Bellevue, Kenwood and Florence, KY), Columbus (New Albany and Powell) and Cleveland (Legacy Village -- Lyndhurst and Lakewood) and Toledo; and 4 new Gold's Gyms in Louisville (St. Matthews, Taylorsville Rd & Hurstbourne, Dorsey Lane & Hurstbourne and Florence, KY).

Making the expansion possible is an alliance formed with Laurel Crown Partners, LLC, a Los Angeles-based private-equity firm. Royce Pulliam, CEO of Global Fitness Holdings, credited the California firm with infusing his company not only with capital but with the confidence to move forward with its growth.

Larry Paul, a partner in Laurel Crown Partners with his brother Stephen Paul, said the firm decided to invest in Global Fitness Holdings after studying the exercise business, its economics and its direction. Paul said the expansion of Global Fitness "is not capital-constrained in any way and we look forward to bringing a premium product to these outstanding communities."

Source: Business Wire

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