L.A.-based Vert franchises to pump you up all over: celebrity client list includes Shaquille O'Neal, Holly McPeak, Ernie Banks.THE Vert Worldwide Inc. health club chain is getting pumped up. The L.A.-based company, fueled by a raft of high-profile sports clients, is embarking on an aggressive franchising initiative that will see five locations open by the end of the year and 15 more in 2008. The company decided to go the franchise route because it believes that approach will allow the brand to grow quickly and more economically than simple expansion. Additionally, the branding provided by franchising offers potential buyers a higher success rate on average than startups of independent shops. "Franchisees have close to a 90 percent success rate, as compared to 25 percent for startups," according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Chad Emerson, director of franchise sales. The company will offer franchisees two different sized facilities. The smaller studio is simply a fitness facility while larger franchises will offer rehabilitation services, an increasingly popular option as health-conscious boomers age. Franchise fees will range from $12,500 to $30,000, plus a 6 percent royalty fee. Franchisees are also expected to secure real estate, which can of course run into hundreds of thousands of dollars. The larger size studios can handle up to 300 members per location. The gym's original Santa Monica Santa Monica (săn`tə mŏn`ĭkə), city (1990 pop. 86,905), Los Angeles co., S Calif., on Santa Monica Bay; inc. 1886. Tourism and retailing are important, and the city has motion-picture, biotechnology, and software industries. location has already been supplemented by franchises opened during the past 12 months in Hermosa Beach Hermosa Beach (hûrmō`sə), city (1990 pop. 18,219), Los Angeles co., S Calif., on Santa Monica Bay; inc. 1907. It is a residential suburb and a popular resort noted for its fine, sandy beaches and excellent surf. and New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of . Future locations include West Hollywood West Hollywood A community of southern California northeast of Beverly Hills. It is mainly residential. Population: 36,600. , Long Beach, Irvine, Chicago and two more locations in New York. Vert's approach to training has drawn an impressive client list. Miami Heat The Miami Heat (known as the HEAT [in all capital letters] on official team publications) are a professional basketball team based in Miami, Florida, United States. They play in the National Basketball Association (NBA). center Shaquille O'Neal Shaquille Rashaun O'Neal (pronounced "shak-KEEL") (born March 6, 1972 in Newark, New Jersey), frequently referred to simply as Shaq, is an American professional basketball player, generally regarded as one of the most dominant in the National Basketball Association (NBA). , volleyball champion Holly McPeak Holly McPeak (born May 15, 1969 in Hollywood, Los Angeles, California) is an American beach volleyball player. As of 2005, McPeak has 72 career beach volleyball titles and $1. , gold medalist swimmer Lenny Krayzelburg and former Cubs shortstop Ernie Banks work out at the club. The Hermosa Beach location has quickly become the training center for athletes on the professional beach volleyball circuit. Approximately 40 percent of current clients are athletes from the high school level up. "Clients train at the same speeds at which they play," said Emerson. "Certain muscles used in sprinting and jumping do not strengthen simply by lifting weights." Clients pay a $30-$45 fee per one hour session. All workouts are organized and supervised by a personal trainer; trainers supervise four to six individuals concurrently using a computer system that monitors progress. The computer also stores workout information for clients, which allows them to track their progress. Staff reporter David Nusbaum can be reached at (323) 549-5225, ext. 236, or at dnusbaum@labusinessjournal.com. |
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