Crunch Fitness Heads to Stanhope to Open Newest Franchise Location

Enrollment Center Now Open For Memberships

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Mar 19, 2013, 11:00 ET

NEW YORK, March 19, 2013 /PRNewswire/ -- Crunch Fitness, the world-renowned health club chain known for being on the forefront of innovation with its unique and entertaining fitness programming, will open its newest franchise location in Stanhope, NJ. Set to open for workouts in April 2013, Stanhope joins Wayne, Paramus and Garwood as the 4^th location to outpost a Crunch Franchise in the Garden State.

(Logo: http://photos.prnewswire.com/prnh/20100707/NY31752LOGO)

Located at 110 State Route 183 South, Stanhope, NJ 07874, the club will be 15,000 square feet of fitness and fun, featuring state-of-the art cardio and weight training machines, tanning, HydroMassage and an expansive group fitness studio to house classes like Zumba®, Cardio Tai Box and Fat Burning Pilates, to name a few. Expert personal trainers will also be available for members, to help them reach their individual health and fitness goals.

"Crunch is such an exciting and cutting-edge brand, and I am thrilled to bring such a quality, fitness facility to local residents," said Crunch franchisee, Tim DeLorenzo. "Working out should be accessible and affordable for everyone. This is exactly what this new club will provide, and we can't wait to help people achieve their health and fitness goals."

An enrollment center is now open at the club space and a dedicated Stanhope website, www.crunchstanhope.com is currently offering exclusive membership deals, including special enrollment offers for a limited time. For more information about Crunch franchising opportunities go to www.crunchfranchise.com.

Crunch is a gym that believes in making serious exercise fun by fusing fitness and entertainment and pioneering a philosophy of No Judgments. Headquartered in New York City, and co-owned by New Evolution Ventures (NeV) and private-equity firm Angelo Gordon, Crunch serves over 250,000 members with 61 gyms worldwide, including 34 franchise locations in Orange County, CA, Sacramento, CA, San Diego, CA, Portland, OR, Norwalk, CT, Wayne, NJ and Australia, and looks to rapidly expand across the U.S. and around the globe. Go to www.crunch.com for more information.

About New Evolution Ventures (NeV): Based in Northern California, New Evolution Ventures (NeV) has a two-decade plus record of success in delivering superior returns on investment, specializing in the acquisition, development and operations management of both domestic and international fitness endeavors. Founded in 2008 by Mark Mastrov, Jim Rowley and Mike Feeney and following a strategic partnership with Vision Capital in 2011, the current team of NeV professionals is setting industry-wide standards one brand at a time. Operations span over 20 countries worldwide and include hundreds of facilities. Our team's industry experience has positioned NeV as a global leader in its field, expanding and reinventing the vision of fitness. For more information, visit www.nev.com.

Angelo, Gordon & Co., L.P. is a privately held limited partnership founded in November 1988, and currently manages approximately $23 billion. The firm's investment focus centers on core competencies of real estate, credit, and private equity. Angelo, Gordon has over 200 employees (approximately half of whom are investment professionals) and is headquartered in New York, with associated offices in Chicago, Los Angeles, Washington D.C., London, Hong Kong, Seoul, Shanghai, Tokyo, and Sydney. For more information, visit www.angelogordon.com.