D1 Training Ranks No. 1024 on the 2023 Inc. 5000
With One-Year Revenue Growth of Seven Percent, D1 Training Ranks No. 1024 Among America’s Fastest-Growing Private Companies
NASHVILLE – D1 Training continues to move up the list to No. 1024 on the 2023 Inc. 5000, an annual list of the fastest-growing private companies in America. D1 Training was also featured as No. 5 on the list within fitness organizations.
The prestigious ranking provides a data-driven look at the most successful companies within the economy’s most dynamic segment—its independent, entrepreneurial businesses. D1 Training has tripled its franchise footprint in less than five years and continues to achieve strong performance marks. Notably, D1 reported 7% same-store-sales growth for 2022 with numbers for 2023 trending in a similar fashion. According to D1 Training’s Franchise Disclosure Document, the average gross revenue for D1 franchised businesses in 2022 was $870,884*.
“It is such an accomplishment to see our unwavering commitment to providing state-of-the-art athletic based training honored in the Inc. 5000,” said Dan Murphy, D1 Training COO. “Our vision for empowering youth athletes and fitness enthusiasts resonates deeply within our company. The ability to be recognized for all of our hard work is unapparelled as we are on the path to making D1 Training the household name for peak athletic training. As we move forward, our goal is to continue the momentum built and expand the future of fitness for years to come.”
The Inc. 5000 class of 2023 represents companies that have driven rapid revenue growth while navigating inflationary pressure, the rising costs of capital, and seemingly intractable hiring challenges. Among this year’s top 500 companies, the average median three-year revenue growth rate ticked up to an astonishing 2,238 percent. In all, this year’s Inc. 5000 companies have added 1,187,266 jobs to the economy over the past three years.
Fueling D1’s performance is a strategic investment from Princeton Equity Group that will continue to propel D1 as a national brand synonymous with high-caliber athletic performance and fitness.
The industry remains strong as ever, with an untapped growth potential in scholastic training. The competitive landscape of youth sports is ever-changing and having access to a place like D1 - where young athletes can hone their skills – is becoming increasingly important. D1’s partnership with Dashr, the industry's fastest growing and most reputable designer and supplier of combine testing equipment, is raising the bar when it comes to sports technology integration within the industry. This paired with D1’s adult and personal training programs are providing an unmatched opportunity.
For complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, location, and other criteria, go to www.inc.com/inc5000. The top 500 companies are featured in the September issue of Inc. magazine, available on newsstands beginning Tuesday, August 23.
“Running a business has only gotten harder since the end of the pandemic,” says Inc. editor-in-chief Scott Omelianuk. “To make the Inc. 5000—with the fast growth that requires—is truly an accomplishment. Inc. is thrilled to honor the companies that are building our future.”\
* This information appears in Item 19 of our current FDD – please refer to our FDD for complete information on financial performance. Results may differ. There is no assurance that any franchisee will perform as well.