9Round Franchising LLC announced Dec. 1 it finalized plans for future development into South Korea while also extending its Middle East agreement.
“We are thrilled to welcome South Korea to our roster and to continue to expand our presence across the Middle East,” said 9Round founder and CEO Shannon Hudson. “We look forward to continuing our close relationship with our Middle Eastern master franchisee and we expect 9Round will be a good fit for South Korea with its appeal to customers, small real estate footprint, efficient business model and proven international scalability.”
The first South Korea 9Round location is projected to open in 2022 with plans to expand to 40 franchises in the country over the next several years.
In addition, the company intends to open 160 locations throughout the Middle East, North Africa and Turkey, which will join 9Round’s 43 other locations operating in the area.
9Round operates gyms in 17 countries and has secured agreements for further expansion in Europe, Oman, Egypt, Panama, Indonesia and Qatar. The company also projects it will have 200 locations open by 2034.
