CRANK SIGNS FRANCHISE AGREEMENT TO EXPAND ITS FITNESS CONCEPT ACROSS THE REGION AND BEYOND.

 17. NOV. 2022, UNITED ARAB EMIRATES

CRANK announced that it has partnered with Francorp Global, a leading international franchise operator, to expand its operations across the region and beyond. This expansion reflects the growing demand for boutique lifestyle fitness brands that provide instructor-led, data-driven workouts in a welcoming and enjoyable environment.

Heightened awareness and interest in health and fitness, combined with a desire to be more socially engaging, particularly post-pandemic, has strengthened the founders’ belief in linking fitness and community.

"CRANK is not only about promoting the physical aspect of health and wellbeing", say the founders of CRANK, Ken, Kourosh, Nuno and Sami. "We are also continuously looking for ways to enhance our clients' social and mental wellbeing, whether through community events, collaborations with other partners and brands, and social gatherings".

They added, "even when lockdowns ushered in a fitness at-home push, we quickly adapted our offering to meet consumers at home and launched our on-demand platform".

There are positive signals that the global fitness industry is set to grow over the long-term and competition is set to intensify. To this, the founders believe that, "we are confident that what we offer as a concept is unparalleled for several reasons. First, we are proudly UAE-grown, and there is something special about being able to export that to the world instead of being the recipients of global concepts. Second, the continuous investment in our premium facilities, physical space, fitness equipment, light and sound systems, results-based technology, and talent, position us well in the face of competition and ensures unrivalled consistency in quality and service."

About CRANK

CRANK Fitness, Ltd. (CRANK) is a boutique fitness studio offering RIDE and SHAPE classes, well known for its success in ushering in a new era of fit-entertainment, having invested heavily in state-of-the-art light and sound technologies. Founded in 2017, CRANK is a United Arab Emirates (UAE) homegrown concept, with two studios currently in operation (Dubai and Abu Dhabi). The brand is primarily known for:

· Entertaining, unique, energy-driven, results-based classes.

· An urban ‘feel-at-home’ quality design, in a highly differentiated location.

· A welcoming family culture led by a team of friendly staff.

· A solid corporate backbone driving an unparalleled measure of quality and service consistency.

About Francorp

Established in 1976, Francorp is one of the largest and oldest franchise-consulting firms globally, with presence in more than forty-five countries. Over the years, Francorp has assisted more than 16,000 companies plans for expansion and has developed more than 6000 full franchise programs.

The depth of Francorp’s experience with successful franchising and the quality of its services has made it the industry leader. This is due, in part, to the Francorp Proven Method – a 20 step system for developing successful franchises. Its wide portfolio of clients covers different and wide industries including Real Pilates, ACE Hardware, BP, Budget, Holiday Inn, Hershey Foods, Ryder Trucks, Popeyes, Discovery Zone, KFC, Mc Donald’s, AMPM, Nestle, Fitness First, Kidzania, Under Armour, Inglot, Tony&Guy, Carrefour, Hallmark, Buffalo Wild Wings, Shell, Total, Texaco, Valvoline and many more.