LA BOXING Expands to 13 Franchises in Southern California
Total Number of LA BOXING Franchises Reaches 50 Nationwide
COSTA MESA, California (October 30, 2006) – LA BOXING Franchise Corporation has become the largest cardio boxing and kickboxing franchise chain in the United States leading up to its second anniversary of selling franchises. Franchisees offer membership physical fitness classes consisting of unique boxing and kickboxing training regimens which utilize a system and products that are proprietary to LA Boxing. The Company announced that it has signed a franchise agreement for further expansion into the Orange County, California, marketplace, choosing Kevin Dixon as its newest partner. This most recent sale increases the total number of LA BOXING franchises to 50 nationwide.
"This latest expansion into Orange County fits into our company's long term strategy for developing gyms in the Southern California region," said Anthony Geisler, President, LA BOXING Franchise Corporation. "The LA BOXING brand is now the undisputed leader and completely dominates the cardio boxing and kickboxing fitness market in Southern California. We are very fortunate to have a partner with Kevin’s business experience helping us to make this happen. Our alliance with Kevin will reinforce the leverage of the LA BOXING brand to an area of Southern Orange County that we wish to control,” said Geisler.
“Kevin's successful experience in the restaurant franchise business, along with his business management and operational skills, will help to ensure that he will successfully roll out his multi-unit plan for expanding the LA BOXING brand in Southern California,” said Carl Kosnar, Franchise Development Consultant, for LA BOXING Franchise Corporation.
According to the International Health, Racquet & Sportsclub Association (IHRSA), the 2005 total U.S. industry revenues amounted to $15.9 billion.
LA BOXING grew to 50 franchised gyms in 14 states since September, 2004, when it began its franchise marketing program. The Company anticipates growing at the rate of 3 to 4 franchises per month in 2007.
Geisler added, “LA BOXING is quickly becoming known as the center of influence for cardio boxing, kickboxing and mixed martial arts training."
The Company employs an experienced staff of over 30 people and has 14 years of experience in the fitness industry.
LA BOXING is the gym of preference for amateur and professional athletes and people in the mainstream who are dedicated to leading fit and healthy lives.
Potential LA BOXING franchisees are required to pay a $25,000 franchise fee which is included in the $95,400 to $109,650 of capital needed to get started. Location options range from retail strip shopping centers to freestanding commercial buildings.
CORPORATE CONTACT: Anthony Geisler, President
FRANCHISE CONTACT: Carl J. Kosnar
Disclaimer:
This information is not intended as an offer to sell, or the solicitation of an offer to buy, a franchise. It is for information purposes only. There are approximately 15 USStates that regulate the offer and sale of franchises. US States - California, Hawaii, Illinois, Indiana, Maryland, Michigan, Minnesota, New York, North Dakota, Oregon, Rhode Island, South Dakota, Virginia, Washington and Wisconsin. If you are a resident of or desire a franchise in one of these states, we will not offer you a franchise unless and until we have complied with any applicable presale registration and/or disclosure requirements in your jurisdiction.