Name: Mike Gelfgot; Country of Origin: Uzbekistan; Immigrated to US: 1993; Franchise Name: Anytime Fitness; Launched: 2010; Franchises Owned: 23; Estimated Annual Revenue: $9.8 million: Jobs Created: 200 As a child in Soviet Uzbekistan, Mike Gelfgot had to steal food to help his family survive, and he’s used those painful memories to drive him […]
Tag: fitness
Slimming Down Health Clubs Creates Revenue Bonanza
Embracing “less is more,” veteran health club owners launched a runaway success with more intimate and convenient clubs with fewer frills, but more personal attention Industry Overview The global fitness industry in the United States continues to grow steadily, now estimated at $7.1 billion in annual revenue, spurred by 1 million new users joining health […]