Excel Fitness Signs 12-Year Lease for Second Planet Fitness Club in Greenville

GREENVILLE, N.C. (May 13, 2026) – Planet Fitness – one of the nation’s largest and fastest-growing franchisors and operators of fitness centers with more members than any other fitness brand – is expanding in Greenville.

Franchisee Excel Fitness has signed a lease with Sterling Rental Company, LLC for its second club in the city – Greenville (Charles Blvd.)– at 1400 Charles Blvd., Greenville, NC 27858-4411. The 20,000-square-foot space in the Charles Boulevard Shopping Center was most recently occupied by Harris Teeter.

Construction began in April, with Central Builders Inc. as the contractor and PB2 Architecture and Engineering as the designer and engineer. Projected to open by the end of summer, the club will feature best-in-class strength equipment, state-of-the-art cardio equipment, numerous flat screen televisions, a Black Card Spa® for PF Black Card® members, free fitness training included in all memberships, and additional amenities.

"Our expansion in Greenville reflects both the strength of the community and the demand we’re seeing across the market,” said Jay Chambers, regional director of Excel Fitness. “Opening on Charles Boulevard allows us to reach members on the other side of Greenville who may not have convenient access to Winterville."

"Having a second location in the heart of the town positions us to continue growing while bringing an affordable and high value fitness experience to more people in and around Greenville," he added.

In addition to the Greenville club on Thomas Langston Road, Excel Fitness operates six other clubs in the Greenville–New Bern–Washington market, joining Havelock, JacksonvilleJacksonville (Marine Blvd.), Kinston, New Bern and Washington. With additional locations in the Raleigh-Durham and the Graham-Burlington markets, its portfolio has a combined total of 42 clubs in North Carolina.

For more information about Excel Fitness, visit www.excelfitness.comor follow @excelfitnessholdings on Instagram, @Excel_Fitness_ on X and @people/Excel-Fitness/100070589631064 on Facebook.

For more information about Planet Fitness, visit www.PlanetFitness.com or follow @PlanetFitness on Facebook, Instagram and TikTok.

About Planet Fitness
Founded in 1992 in Dover, NH, Planet Fitness is one of the largest and fastest-growing franchisors and operators of fitness centers in the world by number of members and locations. As of March 31, 2026, Planet Fitness had approximately 21.5 million members and 2,909 clubs in all 50 states, the District of Columbia, Puerto Rico, Canada, Panama, Mexico, Australia, and Spain. The Company's mission is to enhance people's lives by providing a high-quality fitness experience in a welcoming, non-intimidating environment, which we call the Judgement Free Zone®. Approximately 90% of Planet Fitness clubs are owned and operated by independent businessmen and women.

About Excel Fitness
Excel Fitness is a leading Planet Fitness franchise group based in Austin with 180 locations across Texas, Oklahoma, Arkansas, Missouri, North Carolina, Virginia, Tennessee, Georgia and Utah. An Olympus Capital Partners portfolio company, Excel Fitness has built a team culture that focuses on elevating the member experience by developing exceptional health clubs and delivering world-class customer service. The team is passionate about building communities through fitness and supporting its local markets through employment and memberships opportunities that positively impact lives.

About Olympus Partners
Founded in 1988, Olympus Partners is a private equity firm focused on providing equity capital for middle market management buyouts and for companies needing capital for expansion. Olympus is an active, long-term investor across a broad range of industries including business services, consumer products, healthcare services, financial services, industrial services, and manufacturing. Olympus manages more than $8.5 billion mainly on behalf of corporate pension funds, endowment funds and state-sponsored retirement programs