Bally Total Fitness the nation’s leader in health and fitness, has opened a new franchise in Seoul, Korea. The club marks the fourth fitness center operated by Bally franchisees in Seoul, which has been a growing market for the fitness company since 2003, when the first Bally Total Fitness franchise opened.The new club addresses the need for quality fitness centers in South Korea, a country that is fighting increasing rates of obesity and has initiated several government programs to educate consumers about health and fitness. The new fitness center opened in March and features state-of-the-art cardiovascular and strength training equipment, as well as personal training and group exercise classes. Additional club amenities include a stretching room and sauna. The club is located at the following address: 2nd Floor, Rodeo Wok, 55-5, Mullae-dong3ga, Yeongdeungpo-gu.
International growth through franchising has been steady for Bally Total Fitness over the past several years,
Hose on December 18th, 2007 at 2:45 pm
Bally total fitness has been the Fitness business news this year because of there Chapter 11 Bankrupcy which left the investors with a stock worth 6 cents a share and a loss to the vendors who supplied the company with equipment at a loss of 1.1 BILLION Dollars. Ballys sells Contracts not memberships which it sells to Household Finance company which charges over 35% interest to the members. There currupt way of inticing people in on a low membership rate just to take advantage of them and not provide the clean quality service customers deserve. Stay away from Ballys, Far away unless you like to lose money. Beware they must close 250 locations in the U.S. to get out of this mess but if its your club do not expect to get your money back. You will still owe the finance company you borrowed from, Be smart.
I am glad there leaving the United States, maybe they can steal from members in south Korea.