Gold’s Gym SoCal Acquires Two Facilities
Continuing its trend of growth, Gold’s Gym SoCal announced it has acquired two additional locations: Gold’s Gym Pasadena and Gold’s Gym Long Beach.
The franchise group, owned and operated by brothers Angel and Willy Banos, now boasts more than 20 locations in the Southern California market.
Over the past few years, Gold’s Gym SoCal has doubled in size through acquisition and build-outs. In addition to the acquisition of the two clubs in Pasadena and Long Beach, the franchise group is in the midst of completing the build-out of two brand-new facilities: Gold’s Gym Oxnard and Gold’s Gym Anaheim East.
“Our growth can be attributed in part by keeping a constant eye on the real estate market and looking for windows of opportunities,” said Angel Banos. “We are very focused on fueling our growth by providing a stable, fun work environment, while still pushing ourselves daily to achieve success.”
According to Angel, other contributors of growth are based on successful club operations, top-notch teams that thrive in growth-mode, committed members that love the brand, and visionary leadership.
Hallmarks of Gold’s Gym SoCal locations include the latest in cardio and strength equipment, clean facilities and friendly staff, affordable prices, and high-end studio and small group programming.
In 2019, Gold’s Gym SoCal entered its 32 year in business. According to Willy, more growth is on the horizon. “Our plan is to continue our steady organic growth of three to five clubs per year and possibly expand to other states,” said Willy.