SANTA ANA, CA--(LAB NEWS WIRE)—March 10, 2008—LA BOXING Franchise Corporation, a national operator of distinctive cardio boxing, kickboxing and MMA health and fitness gyms, announced today the signing of an exclusive franchise for the Beverly Hills, CA, area. The new franchise was awarded to Fitness USA, Inc. The Southern California-based LA BOXING Franchise Corporation continues its fast-paced expansion, taking the franchise company to 100 units in 19 states and Puerto Rico.
Fitness USA, Inc. is a wholly-owned subsidiary of Montana Mining Corp., a public company trading under the symbol MMGC. (“Montana”).
"LA BOXING is a perfect fit for Fitness USA, Inc,” according to Anthony Geisler, president of LA BOXING Franchise Corporation. "They were looking for a health and fitness business and determined that the time has never been better. They did their due diligence and visited many of our gyms around the country and determined that LA BOXING is a franchise system that works,” said Geisler.
“This is the first time that LA BOXING Franchise Corporation has awarded an exclusive franchise to the subsidiary of a public company,” said Carl J. Kosnar, Managing Partner of The Kosnar Group, franchise development consultants for LA BOXING Franchise Corporation. “LA BOXING has grown to 100 franchises in 19 states and Puerto Rico in a little over 3 years and we are looking forward to Fitness USA, Inc. and its parent Company to assist us with growth outside the United States,” Kosnar said.
About LA BOXING Franchise Corporation
LA BOXING Franchise Corporation, is a membership physical fitness company consisting of unique professional boxing and kickboxing training regimens which utilize a system and products that are proprietary to LA Boxing. We offer a turn-key franchise with the franchisee and staff receiving full training and ongoing support. We have trained world champions and numerous other professional fighters. However, the vast majority of our members are women and men who are just interested in a cardio workout, losing weight and enjoying the benefits of our fitness training program.
Potential LA BOXING franchisees are required to pay a $25,000 franchise fee which is included in the $174,900 to $185,750 range of capital needed to get started. Location options range from retail strip shopping centers to freestanding commercial buildings. Absolutely no previous boxing, kickboxing, training or health and fitness experience is necessary to qualify for an LA BOXING franchise.