CR Fitness Holdings opened a $5 million Crunch club in Phoenix's Arcadia neighborhood, the first of 20 it plans for the metro by the end of 2027.
Crunch Fitness hit 600 locations with a Phoenix club that marks a bigger number for one franchisee. Crunch Arcadia, a $5 million, 36,500-square-foot gym that soft-opened Oct. 31, is the 100th club for CR Fitness Holdings, the companies said Oct. 29. The group, which opened its first Crunch in Sarasota in 2012, runs clubs in six states through three subsidiaries. Its Southwest Fitness Holdings unit plans 20 Phoenix clubs by the end of 2027, and the group expects 110 clubs by the end of this year. Memberships start at $9.99 a month.
Crunch says it has increased annual openings by almost 200% in four years, part of a broader fitness build-out led by large operators, from Purpose Brands' plan for 2,500 more gyms to multi-unit groups like this one.
Revscale Media (illustration)Out West Restaurant Group runs 61 Outbacks and owes nearly $320 million. Bloomin' Brands has offered $26.3 million to take the restaurants back, which would pull most of Outback's U.S. franchise system in-house.
Yum BrandsYum Brands ended its deal with Encanto Restaurants, and every KFC and Taco Bell on the island closed Monday. Some employees learned about it at the door.
Revscale Media (illustration)The nearly 200-unit iced tea chain becomes the third brand at a restaurant-only sales firm whose team includes the IFA's board chair.
Revscale Media (illustration)Yum says drive-thru voice AI lifts satisfaction 6% and sales about 1.5% where it runs. Taco Bell U.S. same-store sales still fell 4% in the quarter.
TGI FridaysA creditor trustee says former owner TriArtisan drained the chain for a decade. The new management says two more U.S. franchisees are weeks away.
Revscale Media (illustration)The deal folds an AI front office for home care agencies into a scheduling platform that says more than 900 agencies use it.
