As we begin 2021, many franchises are looking forward to a more prosperous year ahead. Fitness Time a Saudi Arabian fitness franchise is one among them. They currently have over 138 clubs across Saudi Arabia and the UAE. In addition, Fitness Time franchise targets to open 70 clubs in the next five years.
Further, this news on expansion was made public after a recent five-year agreement with Technogym. Wherein, the agreement was to feature their products and digital solutions in all the Fitness Time locations. Technogym is a fitness and wellness product specialist that supplies fitness equipment and solutions all over the world.
“We’re looking to set a new benchmark for quality and value, with our mission to be the best and favorite health club chain in the region,” said Justin Musgrove, CEO of Leejam Sports Company, the parent company of Fitness Time.
Fahad and Abdulmohsen Alhagbani brothers started Fitness Time in 2007. Moreover, the brand now employs more than 2,600 people across its Middle Eastern portfolio. In 2018, the brand went public, with an IPO valued at £540m.
Source: Global Franchise
Get to know who are the industry key players, visit our Interview of the Week page.
To stay updated, visit our Franchise News section.
To learn more, visit our Franchising Tips section.