In Practise Logo
In Practise Logo - Blue
In Practise Logo
IP Interview
Published April 1, 2024

ènergie Fitness Franchise vs UK Discount Gyms

Executive Bio

Former ènergie Fitness Director and Franchisee

Interview Transcript

Disclaimer: This interview is for informational purposes only and should not be relied upon as a basis for investment decisions. In Practise is an independent publisher and all opinions expressed by guests are solely their own opinions and do not reflect the opinion of In Practise.

This is a snippet of the transcript.to get full access.

How do you split that between gyms? Let's say if I've got a gym and I've got a member who's paying more here, but they visit another gym more often, how does the other franchisee get compensated?

If the member starts to use another gym more than their home gym, the membership will get transferred. Otherwise, it just stays. The idea is that it all evens itself out. If you overcomplicate this, it can be really challenging. It should be just a benefit for everybody because it's about an upsell. But the difficulty with a franchise model is clustering. Clustering is not the difficult part. It's being able to get the locations to cluster because as much as you have a property acquisition strategy and you want to target towns, you have to have a franchisee wanting that location. Your business model is both franchise-led and property-led, which can be a challenging balance at times.

This is a snippet of the transcript.to get full access.

Free Sample of 50+ Interviews

Sign up to test our content quality with a free sample of 50+ interviews.

Or contact sales for full access

© 2024 In Practise. All rights reserved. This material is for informational purposes only and should not be considered as investment advice.