BOXING Expands to 13 Franchises in Southern California
Number of LA BOXING Franchises Reaches 50 Nationwide
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,”
“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 US$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
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 US$25,000 franchise fee which is included in the US$95,400
to US$109,650 of capital needed to get started. Location options range from
retail strip shopping centers to freestanding commercial buildings.
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 US States 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.