F45 continues UK expansion amid stock market listing rumours

January 25, 2020

F45 is expanding its UK footprint with the launch of two new studios in Manchester.

 
The Australia-based franchised operator already has a presence in a number of big UK cities and towns – including London, Brighton, Birmingham and Reading – and is now spreading its reach in the north-west of the country.

Scheduled to open in February, the two sites – F45 Manchester Northern Quarter and F45 Salford Central – will follow the same high intensity, group training format that the brand has become synonymous for.

Related: Fitness Franchises – Should You Buy a UK Fitness Franchise?

Both studios will be operated on a franchise deal.

“The brand has grown at an enormous rate throughout the UK and all over the world and it is a real testament to its innovative concept that delivers amazing results,” said Max Lilley, owner of F45 Salford Central.

Michael Dean, UK sales director for F45, added: “Our goal is for there to be an F45 studio on almost every corner of the world – and with the accelerated growth we have seen since the UK launch in 2017, we are confident that we can make this happen.”

The chain is planning further UK and Ireland openings for 2020 – including locations in Southampton, Dublin and Cheltenham.

Related: Fitness Franchises – Search Franchise Reviews Directory

The latest openings come as US-based financial news service Bloomberg reported that F45 could be planning to list on the stock market in the US.

In a news report, Bloomberg claimed that the company had “filed confidentially for a U.S. initial public offering, according to people with knowledge of the matter”.

HCM has contacted F45 for a comment on the potential listing.

By Tom Walker

Source: Health Club Management

Gold’s Gym reports ‘strongest year of growth in company history’

January 24, 2020

Gold’s Gym completed 22 US franchise agreements and a total of 35 new openings worldwide during 2019 – the most in a single year in the company’s history.

 
The franchised fitness giant’s growth during the year focused on emerging markets, with nine new sites opening in Japan, eight in India, five in Saudi Arabia and four in Egypt.

It also secured new international master license agreements for Iraq (five clubs), Australia (30 clubs) and New Zealand (10 clubs).

Related: Fitness Franchises – Should You Buy a UK Fitness Franchise?

On its domestic US market, its biggest new franchise deals were for North Carolina (eight clubs), Tennessee (five clubs) and Southern California (four clubs).

Also throughout 2019, the company worked to consolidate and optimise brand ownership through franchisee acquisition of company-owned clubs.

“This past year of success serves as proof that the Gold’s Gym franchise opportunity is more attractive than ever as an investment in the fitness industry,” said Gold’s Gym president and CEO Adam Zeitsiff.

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“Our continued franchise development achievements from 2019 have set the stage for what we anticipate will be another impressive year of growth on a global scale.

Craig Sherwood, Gold’s Gym chief development officer, added: “As we head into 2020, I feel we are equipped with the perfect recipe for success: the right corporate leaders, the right franchisees and the right business model.

“With some major expansion opportunities already in the works, my team and I are proud to play a role in continuing to grow this brand 55 years beyond its inception.”

Related: Gold’s Gym Franchise

Gold’s Gym now has more than 700 locations serving 3 million people across six continents.

By Tom Walker

Source: Leisure Opportunities

Fit Body Boot Camp Named to Entrepreneur Magazine’s 41st Annual Franchise 500® List

January 23, 2020

Marking another milestone for the world’s fastest growing fitness boot camp franchise, Fit Body Boot Camp has landed on Entrepreneur Magazine’s 2020 Franchise 500® list, the world’s first, best and most comprehensive franchise ranking. The franchise ranked at No. 437 as a result of its outstanding performance in areas including unit growth, financial strength and stability and brand power.

 
Appearing on the Franchise 500® is a highly sought-after honor in the franchise industry and recognized as an invaluable resource for potential franchisees. The Franchise 500® ranks brands that rose to the top reveal the newest trends, as well as the industries that continue going strong, decade after decade.

“This past year has been full of milestones as Fit Body Boot Camp continues to pave the way in the indoor group training segment and this ranking further solidifies the proven success of our brand’s business model,” said Bedros Keuilian, Founder and CEO. “It has been so rewarding to see our franchisees become small business owners and make a difference in the communities in which they operate and we can’t wait to see what the future holds for them and our brand.”

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To compile the ranking, all franchises are given a cumulative score based on more than 150 data points, and the 500 franchises with the highest cumulative scores become the Franchise 500® in ranking order. Over its 41 years in existence, the Franchise 500® has become both a dominant competitive measure for franchisors and a primary research tool for potential franchisees. Fit Body Boot Camp’s position on the ranking is a testament to its strength as a franchise opportunity.

From a business investment perspective, Fit Body Boot Camp is known as the ‘anti-franchise’ franchise, having no percentage-based royalty fee like most franchises. Rather, all franchisees pay a monthly flat rate that allows them to grow their business without giving an increasing percentage to the franchisor. Boasting record low startup and operating cost and multiple revenue streams, Fit Body Boot Camp is an attractive investment opportunity for potential franchisees. To date, the brand currently has nearly 500 locations open with another 100+ in development.

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About

Founded in 2009, Fit Body Boot Camp is the world’s fastest growing fitness boot camp, offering members around the world affordable, high-intensity, 30-minute fat loss boot camps that challenge the body and deliver results. As an established, award-winning brand, Fit Body Boot Camp has been recognized by Inc. Magazine on its Inc. 5000 list for fastest growing companies in the United States and Entrepreneur Magazine on its Franchise 500 list. With over 600 locations in the U.S., Canada, Australia and the U.K., Fit Body Boot Camp is growing through franchising, offering a best-in-class investment for qualified prospects.

Source: Franchising

Snap Fitness Poised for Continued International Expansion in 2020

January 21, 2020

New clubs, new territories and new milestones are on the horizon for Snap Fitness. With more than one million members and 2,000+ clubs open or scheduled for development globally, the world’s 24/7 fitness brand is positioned to continue its international growth and brand development in 2020.

 
Snap Fitness celebrates the new year with its 100th club opening in Europe and the launch of a new state-of-the-art club design with bespoke lighting and the latest fitness technology in the United Kingdom and Ireland. Additional key markets for expansion in 2020 include Australia, New Zealand, Mexico, Turkey and the United Arab Emirates.

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“Whether we are expanding in current partner countries or entering new markets, communities are embracing our 24/7 model that provides fitness opportunities for everyone,” says Allison McElroy, Chief Global Development Officer of Snap Fitness’ parent company, Lift Brands. “New gyms are in development across the world, and our international expansion is a priority in 2020.”

Snap Fitness’ growth exploded in 2019, including the first-ever club opening in Taiwan. The brand also experienced significant growth of 46 percent in the Asia Pacific region and an overall membership increase of nine percent.

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“Snap Fitness transcends trends by offering consistency in a market that is crowded and fast-moving,” says Weldon Spangler, CEO of Lift Brands. “The Snap Fitness advantage is to continually innovate our gyms and make fitness accessible to everyone at any time. Our success provides more people opportunities to find success in their fitness goals.”

Snap Fitness offers a boutique atmosphere, the latest technology and a variety of equipment to help each member achieve and see results.

Related: Snap Fitness Franchise

About Lift Brands

Lift Brands is a leading innovator in the fitness industry as the parent brand to several fitness franchises and fitness brands worldwide including Snap Fitness, 9Round International Franchise, YogaFit Studios Franchise, Steele Fitness, and Fitness On Demand. With more than 1 Million members and 2,000+ locations open or scheduled for development in more than 26 countries, Lift Brands delivers results through the most rewarding fitness experiences in the world and changes lives daily.

Source: PR News Wire

Anytime Fitness UK CEO Stuart Broster to step down – Neil Randall named successor

January 17, 2020

Stuart Broster, chief executive of Anytime Fitness UK, will step down from his role in April 2020.

Broster, who was named CEO in August 2017, recently relocated to Scotland and outlined his desire to set up his own consultancy business.

 
During his tenure, Broster has overseen Anytime Fitness UK’s growth to become the second-largest private gym operator in the UK, the brand’s repositioning from “convenience to coaching” and the launch of a new gym design.

He will be replaced by Neil Randall, the current chief operating officer.

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Randall has been heavily involved in developing and implementing Anytime Fitness UK’s future strategy.

In a statement, the company’s board said it believes Randall will “provide continuity to the great progress made under Broster’s leadership”.

“Neil was the outstanding choice as Stuart’s successor and the Board believe he is the perfect appointment for Anytime Fitness UK at this time,” said Andy Thompson, Anytime Fitness UK chair.

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“Since joining the business in 2018, Neil has been heavily involved with all aspects of the business and has enjoyed outstanding success across strategy, marketing and supporting franchise network.

“With Neil knowing the business inside out, and forming strong relationships with staff, franchisees and suppliers, this gives the Board reassurance and confidence in a seamless transition when he takes up his new role.”

Randall will take up the position of CEO on 1 April.

Related: Anytime Fitness Franchise

“Having known Stuart for a number of years, I’ve learned so much from him and would like to thank him for his support on both a personal and professional level,” said Randall.

“He has made an incredible impact on Anytime Fitness UK, overseeing a significant growth and transition period for the business and I’m excited to continue the journey and build on the great progress we’ve made under his leadership.”

By Tom Walker

Source: Leisure Opportunities

Kris Gethin Gyms awarded the Best International Gym 2019 at The UK Fitness Awards

January 14, 2020

Over the last few years, health and fitness has grown tremendously in India. Yet quality fitness centres and education are still scarce in most parts of the country.

Kris Gethin Gyms is one brand looking to change this and has always been at the forefront of delivering science-backed quality fitness education, results and best experiences through all its centers and is one of the most preferred destinations for fitness professionals and enthusiasts around the world.

 
Kris Gethin Gyms is not only the preferred centers for international athletes like Branch Warren, Roger Snipes, Christina Silvia, Andreia Brazier, etc. but also to many celebrities and Indian athletes like Sangram Chougle, Vaishali Bhoir, Shivoham, Aish Mehan, Nami Rai, etc. who have competed and won in many Indian and international forums and competitions.

Recently on 22nd December 2019, Kris Gethin Gyms was awarded the ‘Best International Gym, 2019’, at UK Fitness Awards held at Birmingham.

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Jag Chima, the co-founder of Kris Gethin Gyms accompanied by his father and brother received the award on the evening.

Speaking to the press, Jag stated “This is A super proud moment for myself and Kris Gethin.

A huge thank you to each and everyone who has supported our vision, to the members who make each facility successful, to our franchisee partners for their dedication and to our teams who work hard to ensure we live up to the standards we’ve set and beyond”.

He also added, “I’d like to congratulate every finalist who are all winners in my view and are the people who make the fitness industry what it is today.

It felt good to share this special moment in the presence of my Dad and my brother who sometimes wonder why I’m hardly in the UK. Seeing them happy makes me happy. Also, my bro Roger Snipes who is always there to support no matter if it’s the UK or abroad”.

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When asked about what is next for Kris Gethin Gyms, Mr. Chima said, “The award is not a license to relax. It’s a milestone and a responsibility to live up to. Now we will continue to push the boundaries and raise the bar even higher. We’ve got our eyes on the globe. We won’t stop. It’s time to transform.

Kris Gethin took the social media platform to thank all his followers, franchise partners, members, and team. Kris also mentioned that he is overwhelmed by the hundreds of messages that he has received through his social media and he is encouraged and motivated to set the standards even higher for the upcoming year and achieve them.

Kris Gethin Gyms has something to suit everyone, from personal training to group classes, including yoga, Zumba, cycling and even bhangra classes (at select locations in Mohali and Jalandhar). State of the art equipment, Inbody analysis, spacious workout floors & studio spaces and even open terrace spaces make the options for exercise almost endless. Plus, many locations include Gethin Shape Cafe and supplements store, making it a one-stop destination for all the fitness needs.

Kris Gethin Gyms is probably the only gym chain in the world which has their own programs covering all aspects including muscle building, fat loss, nutrition, supplementation and performance training.

Kris Gethin, the co-founder is one of the most influential people in the fitness industry. He currently has 8 video series covering all aspects of health and fitness, which has more than 250 million-plus downloads and has transformed hundreds and thousands of people around the world.

Source: Deccan Herald

Anytime Fitness ‘makes history’ with gym onboard Antarctica vessel

January 10, 2020

Anytime Fitness has become the first franchise operator to have a presence on all seven continents – following the launch of a gym onboard the Magellan Explorer ship.

 
The Magellan Explorer is the newest cruise ship operated by Antarctica21, a company offering tours of the world’s coldest continent.

The gym is equipped with cardio and strength-training equipment from Life Fitness, along with a wide array of free weights.

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Every guest aboard the ship will have access to the facility 24 hours a day.

Anytime Fitness is now the only franchise – beating the likes of food giants Subway, Pizza Hut and McDonald’s – to have locations operating on all seven continents.

Having a presence on all seven continents is a long-time vision of Anytime Fitness Chuck Runyon.

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“We’re truly taking our mission, ‘To improve the self-esteem of the world,’ to another level,” Runyon said.

“It’s something our brand takes incredibly seriously, and it’s up to our leadership team to make our vision a reality.

“Being the only franchise to operate on all seven continents and land a gym on the coldest, windiest, driest region of the world was no easy feat but was a necessary step in contributing to our mission.”

Related: Anytime Fitness Franchise

Tickets sold out for the Magellan Explorer’s inaugural sail in June of 2019, which left shore for its first voyage on Thursday, November 28.

Anytime Fitness was launched in 2002 and has since expanded rapidly. It currently has 4,500 locations around the world.

By Tom Walker

Source: Health Club Management

Equinox plans new London gym and debut in the Middle East

December 19, 2019

US fitness brand Equinox is limbering up for expansion, and on Tuesday outlined plans to open in London’s Soho and enter the Middle East market.

 
The firm has signed a deal with West End landlord Shaftesbury to create a luxury fitness club on the corner of Broadwick and Marshall Street, ready for use in 2021.

That will join its four existing or planned UK sites, including Kensington and St James’s.

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Harvey Spevak, executive chairman of Equinox, called London “an important market” where demand is high. He added: “We believe London’s energy and resilience will ensure it remains a magnet for high-performance individuals, where investment in health and fitness is a priority.”

The company also said it will work with franchise operator Alshaya Group to launch the firm’s fitness brands, Equinox, SoulCycle and Blink Fitness in Dubai from late next year.

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Spevak said: “This is a seminal moment for Equinox, marking a period of extensive global expansion.”

By JOANNA BOURKE

Source: Evening Standard

Ladies-only gym Gymophobics nominated for national awards

December 13, 2019

REDDITCH’S ladies-only gym Gymophobics has been nominated for hat-trick of national awards.

The Albert Street gym scooped nominations for Team of the Year, Gym of the Year South Midlands, as well as a nomination for Slimmer of the Year for their member Sam Barrass, who has lost more than four stone.

 
The awards, to be held in Nottingham in January 2020, are now in their 13th year and recognise excellence and achievement for centres in the Gymophobics franchise – which is the largest ladies-only gym group in the UK with over 50 centres.

Sue Aravanis, manager of Gymophobics Redditch, said: “This is a really exciting time for us, and it reflects the hard work put in by our staff over the last 12 months.

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“We’re delighted for our lovely member Sam who has had her hard work recognised also.

“We’ve got everything crossed for the award ceremony now.”

For a free guest visit call 01527 453483 or email redditch@gymophobics.co.uk.

Meanwhile the ladies at Gymophobics Redditch have been collecting Christmas presents to be distributed to local children this Christmas.

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The Gym is working with Redditch charity Home Start which supports families struggling to cope and rely on funding from different sources.

Sue Aravanis, Gym manager, said “We’ve been overwhelmed with our members generosity and kindness, it really does show yet again that we are so much more than a gym, we’re a community.”

By Ross Crawford

Source: Redditch Standard

Mandy takes over the F45 Training business

December 2, 2019

Matt Goodall and Andy Preston have taken over F45 Training on Albert Street in Harrogate.

 
Matt said:

F45 Harrogate was previously owned for 18-months buy two London businessmen and managed buy a Harrogate physio.

When F45 first opened its doors in April 2018 myself and Andy Preston, two Harrogate boys working in the fitness industry for over 8 years, first crossed paths walking into the studio together to have their interview.

Within a matter of days, Andy and myself were stood in front of over 27 new and eager clients waiting to see what all the fuss was about!

This was the birth of “MANDY’, a double act of Matt and Andy, the new faces of F45 Harrogate.

Related: Fitness Franchises – Should You Buy a UK Fitness Franchise?

About Andy

Andy has worked in the fitness industry for over 8 years. Having a Military background Andy then moved onto another well known gym. From there he specialized in CrossFit and had a large role in a cross fit gym in Leeds. Over the years he has built a successful career in Ladies coaching and an online fitness software with over 30 private clients. Shortly after this, he began work for F45 Training and was soon to become the Harrogate manager.

About Matt

Matt started working in a Harrogate gym after having a Personal training session bought for his 16th birthday, knowing at that point, that was what he wanted to do as a career. Working weekends he eventually became full time once completing school and quickly grew his love for the fitness industry. While working for 8 years at this one local gym he decided to specialise in working with diabetics and helping the clients and so building a successful personal training career. He also had been running multiple fitness classes and working in schools to help teach health and fitness whilst giving talks to other fellow diabetics. Once starting F45 his time quickly got taken up by becoming the head coach at the studio and like Andy, his passion for F45 grew stronger by the day.

F45 is the fastest growing fitness franchise in the world. The workouts deliver the energy and the motivation of group training with the progress and results of one to one personal training. F45 Harrogate is one of the largest F45 studios in the UK.

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They use pre-selected workouts to give challenging exercises, to push your body and mind to their full, But the coaches will regress the exercise, if needed, to ensure you can still get a good workout and be pushed to your own personal limits.Age ranges from 16 years to 68.

Matt speaking about why they have now taken on the business:

We love it!

After committing all our time to F45 and building a community that no other gym has, as soon as we heard rumours of a possible buyout, neither of us could resist.

Something so special and important in our lives and the chance to own our own studio, one of the biggest growing franchises in the world, who would be silly enough to pass on the opportunity.

As with all new business ventures, there has and continue to be challenges. Matt commented:

Our main challenge that we had to take on was a biggie, rent and rates!

After many meetings with the landlords (4Urban) we were able to agree on a deal that meant the studio had a fighting chance, a big thank you to the flexibility and understands from the team at 4Urban.

Other challenges are things such as the publicity of what F45 is about, the fact that F45 is not just a gym, it is not just a fitness based class, its so much more; it’s team training, its life changing! (punch line).

It’s a community of people, all from different walks of life, coming together for some of the best group personal training in Harrogate and for people that want to do something to improve their life.

Whether its losing weight, gaining muscle, something different, general fitness or even just for the amazing parties we throw, you really need to try it!

Paul Lancaster at 4Urban said:

4Urban are delighted to have been able to work with Matt and Andy so that F45 can continue to thrive in Harrogate providing an excellent service to their existing client base and a platform for future growth.

Talking about the future, Matt said:

Being one of the biggest and fasting fitness franchises in the world, we want to be a big part of their expansions.

We want the harrogate studio to be a flagship model for studios opening up in the north of England.

Harrogate, is the first northern studio and the only F45 studio north of Birmingham.

It’s going to be the coolest, most trendy gym with major results like no other gym!

Once Harrogate is fully established, what’s not to say we won’t be having other studios in other northern towns and cities, leeds maybe, how about manchester or even newcastle… never say never.

BY TIM COOK

Source: Harrogate News