BFA - Presentation on developing a brand extension - Budget Gym Franchise

Post on 22-May-2015

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David Beattie was asked by the British Franchise Association to present to fellow members on the subject of diversifying a franchise business to grow. This presentation covered the background to énergie fitness clubs, the impact of the credit crunch and the subsequent launch of Fit4less which became the UK's leading budget Gym Franchise.

Transcript of BFA - Presentation on developing a brand extension - Budget Gym Franchise

Create a new opportunity

How we added to our brand

portfolio to diversify and grow…

A little background

• We started from an idea in 2003 as the

UK’s first fitness franchise, énergie fitness

clubs.

• We grew strongly and in 2006 had 20

clubs in our énergie fitness club network.

• Today we have four niche brands in the

area of fitness and wellbeing.

Fitness Clubs Active Consumers

• Diet clubs

• Fitness DVDs

• Home exercise

equipment

• Fitness classes

Penetration of untapped adult fitness market

• The original award winning énergie franchise

• Aimed at mixed gender market

• Primarily appealing to the de-conditioned user

• Offering our 6 Week Results Guarantee

• Mixed range of facilities

• From just 3,000 sq ft

Our full format Fitness club franchise...

Our clubs...

Our clubs...

Adrian & Mo

Our clubs...

Our clubs...

Friendly, quality clubs with flexible facility options..

Clubs can even include...

• Racquet sports

• Physiotherapy

• Beauty and tanning

• Hairdressing

• Bar

• Car wash...

Our clubs proudly promote the personal touch private ownership brings...

We work in our communities & transform lives...

Our strong marketing approach drives sales...

All was going well, when...

Fitness Clubs Active Consumers

• Diet clubs

• Fitness DVDs

• Home exercise

equipment

• Fitness classes

Penetration of untapped adult fitness market

2009 study by Abbey

Our clubs are operated to a fixed model

based on the following drivers:

• Proven targeted marketing campaigns which

highlight our ‘low cost’ no contract

membership from £14.99 per month

• Online joining and smart use of technology

leading to reduced administration

• Reduced infrastructure costs through multi-

skilled workforce

• Tight operational cost controls

• A simple business model with minimal

competition

• On-brand

• Industry leading

• Multiple

browsers

• Streamlined

joining

• Compelling and

simple

Fit4less has created

new opportunities...

• To date we have sold 48 Franchises

• We have 24 gyms open under franchise

• We have a VC lined up to fund the

opening of a managed division

• We’re in negotiations to open in Poland

and South Africa through Master

Franchising.

Thanks...

I’m happy to discuss brand diversification in your

business…