Fitness Ventures, reportedly one of the fastest-growing Crunch franchisees, acquired Crunch Toledo, marking what the company said is a “significant milestone in its expansion strategy.”
The acquisition of Crunch Toledo is part of a growth plan for Fitness Ventures, aiming to own and operate 100 clubs by 2027. The company said the acquisition strengthens Fitness Ventures’ existing portfolio and serves as a strategic gateway to tap into new territories, accelerating its growth trajectory.
Fitness Ventures reported plans to undertake a multi-million dollar renovation of Crunch Toledo, including a 9,000-square-foot expansion, bringing the total facility size to 40,000 square feet.
“We are thrilled to welcome Crunch Toledo into the Fitness Ventures family,” said Brian Hibbard, CEO and president of Fitness Ventures. “This acquisition aligns seamlessly with our vision of creating unparalleled fitness destinations that inspire and empower individuals on their wellness journeys. Crunch Toledo, with its strong community presence and dedicated members, perfectly complements our existing portfolio.”
Founded in 2016 by Brian Hibbard, Fitness Ventures, LLC operates locations across 20 states, with several more in development.
Image courtesy Crunch Toledo