Former major league baseball player Alex Rodriguez has purchased a UFC GYM in Kendall, Florida and has acquired the development rights for the creation of more UFC-branded gyms in Miami-Dade County.
Rodriguez, the former Seattle Mariner/Texas Ranger and New York Yankees shortstop/third base man, takes over the only UFC gym in Miami-Dade County. Technically, the UFC GYMs will be owned by A-ROD Corp. which has Rodriguez as CEO. There are six UFC GYM locations in Florida and more than 100 fitness centers in the US and Canada according to a report in the Miami Herald.
The UFC Gyms are franchises and anyone with the financial strength and business acumen to open a franchise can apply to open one. According to the UFC Gym Franchise page, the franchises will look at areas “where there are 100,000 people within a five-mile radius and with a median household income of $50,000-$75,000.
Rodriguez owns gyms in Mexico which are on the high-end and cater to professionals. The UFC GYM offers affordable memberships starting at $49 per month.
Payout Perspective:
Don’t look for ARod to be leading a cardio kickboxing class at the UFC Gym. The acquisition is an investment opportunity for Arod and he carved out the region for UFC GYMs. The fitness industry has shown an increase with it reaching an all-time high in 2015. Perhaps ARod will follow in the footsteps of Peyton Manning, who owns over 30 Papa John’s Pizza places in the Denver area and accumulate businesses a source of passive income.
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