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Gold's Gym parts ways with master franchisee for UAE and Oman
POSTED 23 Jul 2019 . BY Tom Walker
The master franchise agreement includes 14 Gold's Gym-branded clubs in the United Arab Emirates and Oman

Several parties have already come forward expressing interest in acquiring the master franchise rights
– Adam Zeitsiff
Fitness operator Gold's Gym International has parted ways with master franchisee Al Ahli Holding Group, which oversaw the operations of 14 branded clubs in the United Arab Emirates and Oman.

Gold's Gym has now stepped in to support the locations, which are being operated under existing management teams and fitness staff.

Adam Zeitsiff, Gold's Gym CEO said that “several Emirati parties” have already come forward with the view of taking over the master franchise rights.

"For nine years, the management teams behind these gyms have done an outstanding job of delivering the best in fitness service to their members, resulting in the strong presence Gold's Gym has in the UAE market today," Zeitsiff said.

"Because of this, several parties have already come forward expressing interest in acquiring the master franchise rights to continue growing the brand by taking it to a new level in the region and beyond.

"We hope to have that process completed in the very near future, and we look forward to growing Gold's Gym in this market with a new partner."

He added that the split with Al Ahli does not affect Gold's Gym's plans to open additional locations in the region – which include introducing the boutique Gold's Studio concept to the market.

"The company is dedicated to growing the market to its full potential," Zeitsiff said.

Gold's Gym is one of the world's largest fitness franchises, with more than 700 locations across six continents.
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Jobs    News   Products   Magazine
NEWS
Gold's Gym parts ways with master franchisee for UAE and Oman
POSTED 23 Jul 2019 . BY Tom Walker
The master franchise agreement includes 14 Gold's Gym-branded clubs in the United Arab Emirates and Oman
Several parties have already come forward expressing interest in acquiring the master franchise rights
– Adam Zeitsiff
Fitness operator Gold's Gym International has parted ways with master franchisee Al Ahli Holding Group, which oversaw the operations of 14 branded clubs in the United Arab Emirates and Oman.

Gold's Gym has now stepped in to support the locations, which are being operated under existing management teams and fitness staff.

Adam Zeitsiff, Gold's Gym CEO said that “several Emirati parties” have already come forward with the view of taking over the master franchise rights.

"For nine years, the management teams behind these gyms have done an outstanding job of delivering the best in fitness service to their members, resulting in the strong presence Gold's Gym has in the UAE market today," Zeitsiff said.

"Because of this, several parties have already come forward expressing interest in acquiring the master franchise rights to continue growing the brand by taking it to a new level in the region and beyond.

"We hope to have that process completed in the very near future, and we look forward to growing Gold's Gym in this market with a new partner."

He added that the split with Al Ahli does not affect Gold's Gym's plans to open additional locations in the region – which include introducing the boutique Gold's Studio concept to the market.

"The company is dedicated to growing the market to its full potential," Zeitsiff said.

Gold's Gym is one of the world's largest fitness franchises, with more than 700 locations across six continents.
RELATED STORIES
Gold's Gym reports 'strongest year of growth in company history'


Gold's Gym completed 22 US franchise agreements and a total of 35 new openings worldwide during 2019 – the most in a single year in the company's history.
Gold's Gym appoints Craig Sherwood as chief development officer


Fitness operator Gold's Gym has named Craig Sherwood as its chief development officer.
Gold's Gym expands in Saudi Arabia – looks to tap into growing market


US-based fitness franchise Gold's Gym has secured its 10th facility in Saudi Arabia.
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UK Active and Savanta launch quarterly consumer engagement insight
Improving physical strength and fitness, mental health and confidence are the main reasons for joining a health club, while cost, time and motivation are the main reasons for leaving.
Snap Fitness' holding company – Lift Brands – is up for sale
Speaking to HCM, global CEO of Lift Brands, Ty Menzies, has confirmed that the company –  owner of Snap Fitness and Fitness On Demand – is up for sale.
Planet Fitness increases price of basic membership for first time in over 20 years
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Xponential dumps Geisler as company faces investigation by US Attorney’s Office
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Complaints about group exercise have become a thing of the past for the Reynolds Group thanks to its partnership with CoverMe, a digital platform that simplifies group exercise and PT management for clubs and instructors. [more...]

W3Fit EMEA’s innovative programme sets sail for Sardinia, Italy
Following a hugely successful event last year in Split, Croatia, W3Fit EMEA, is heading to the Chia Laguna resort in Sardinia from 8-11 October. [more...]
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For more than four decades, Keiser has influenced the training of athletes, fitness enthusiasts an [more...]
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+ More catalogues  

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