World Gym International Signs Master Franchise Agreement for Brazil.
June 26, 2025 // Franchising.com // TAICHUNG, Taiwan – World Gym International (WGI) has entered into a Master Franchise Agreement (MFA) with Flag Holding LTDA.
Flag Holding is led by CEO Flavia Almeida, co-owner and operator of 17 World Gym locations in Goiás and the Federal District of Brasília. Since opening the first World Gym in Brasília in 2012, Almeida has established the brand, offering a large selection of strength and cardio equipment.
The MFA grants Flag Holding LTDA exclusive rights to expand World Gym into Brazil’s other states.
“We are thrilled to partner with Flag Holding LTDA and Flavia Almeida, whose vision and proven success in Goiás make them the ideal partner,” said John Caraccio, CEO of World Gym International.
SOURCE World Gym International
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