High-Impact Entrepreneurship

Colombia’s Bodytech Plans Expansion in Latin America, Profiled in El Espectador

bodytechColombia-based Bodytech, founded by Endeavor Entrepreneurs Nicolas Loaiza Galeano and Gigliola Aycardi Batista, recently announced plans for expansion in five Latin American countries as the business prepares to become a publicly listed company. Bodytech’s steady success led to a recent profile in El Espectador, a leading national Colombian newspaper, which highlighted the brand’s recent growth and acquisitions.

Now with 58 Colombian locations spanning major metropolitan areas including Bogota, Medellin and Cartagena, Bodytech also maintains 39 locations in Chile and 10 in Peru and is looking to enter Ecuador, Costa Rica and Panama by 2015. Projecting to grow to over 200,000 members and 150 fitness centers in the next few years, the company has also set its sights on revenue goals of $150 million as it builds upon its membership and expands the 3,500 jobs it has created since 1997.

With access to the right resources, Nicolas and Gigliola are a testament to the high-impact potential of emerging market entrepreneurs and have been active members of the Endeavor network since their selection in 2007. The team has received expert advice and support from Endeavor’s eMBA, G-Lab and ECLA programs, with specific guidance given on the strategic planning and execution of the brand’s fitness training institutions. In addition, the entrepreneurs have attended Endeavor Summits and received local-level access to mentoring and networking opportunities. In fulfillment of Endeavor’s model, Nicolas and Gigliola have also become mentors, panelists and active recommenders for future generations of potential Endeavor Entrepreneurs.

Read more about Bodytech’s news in El Espectador and El Colombiano.

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