GREENVILLE, SC—February 1, 2021—9Round Franchising, LCC, was recently ranked number 169 in Entrepreneur’s Franchise 500, the ninth consecutive year the brand has placed on the reputable list.
Over its 42 years in existence, the Franchise 500 has become both a dominant competitive measure for franchisors and a primary research tool for potential franchisees. 9Round’s position on the ranking is a testament to its strength as a franchise opportunity.
“After such a challenging and unconventional year, we are honored that we continue to maintain a spot in Entrepreneur magazine’s Franchise 500 ranking,” said Shannon Hudson, Founder and CEO of 9Round. “This recognition is a testament to the hard work and dedication of our franchisees and home office team. As we face new opportunities in 2021, we anticipate more success for the 9Round brand through digital expansion, beneficial updates to our current franchise model and more.”
In Entrepreneur’s continuing effort to best understand and evaluate the ever-changing franchise marketplace, the company’s 42-year-old ranking formula continues to evolve as well. The key factors that go into the evaluation include costs and fees, size and growth, support, brand strength, and financial strength and stability. Each franchise is given a cumulative score based on an analysis of more than 150 data points, and the 500 franchises with the highest cumulative scores become the Franchise 500 in ranking order.
“2020 was a challenging year for everyone, but it was also a year of unusual opportunity,” says Jason Feifer, Entrepreneur editor-in-chief. “Franchises were able to be nimble and innovative, serving the needs of franchisees and customers in ways that will resonate for many years to come. We believe that, when we eventually look back on this time, we’ll see it as a moment when many brands defined themselves for the future.”
To view 9Round in the full ranking, visit www.entrepreneur.com/franchise500. Results can also be seen in the January/February 2021 issue of Entrepreneur, available on newsstands January 26.
For more information about 9Round, please visit www.9round.com. To learn more about franchise opportunities, please visit www.9round.com/fitness-franchises.
Founded in 2008 by professional kickboxer Shannon Hudson and his wife, Heather, 9Round is the world’s largest kicking boxing franchise both in gyms and online that brings kickboxing fitness training to the average person in a 30-minute, trainer-guided, full-body circuit format. The program is developed around a proprietary and copyrighted system of nine challenging workout stations created by Shannon himself. Since the workouts occur on a continuous circuit throughout the day, there are no scheduled class times. Members utilize 9ROUND PULSE, the brand’s wearable heart rate technology, to track effort, heart rate, calories burned and workout time during each 9Round session. In 2020, the brand launched 9RoundNOW, an official app that provides on-demand trainer-led workouts via video instruction by 9Round’s team of professional trainers. Today, there are over 700 9Round locations open and operating throughout 41 states and in 18 countries including Canada, Costa Rica, Australia, Argentina, Guatemala, Japan, Jordan, Kuwait, Lebanon, Mexico, Ecuador, New Zealand, Saudi Arabia, Singapore, Spain, the United Arab Emirates, the United Kingdom and the United States. For more information, please visit www.9round.com.
For more information, contact:
Emily Busskohl, BizCom Associates
(310) 415-9967 | Emily@BizComPR.com