Fitness chain F45 adds new model
Australian-born fitness franchise F45 has unveiled a new offering, with specially designed programs for both adolescents and over-60s.
F45X is the latest innovation from the brand, which has grown from just one studio in 2013, to more than 1300 studios across 36 countries, and features Prodigy for 11-18-year-olds and Masters for over 60s.
Rob Deutsch, F45 owner and founder said on-going demand, from both members and franchisees was behind the new model integration.
“We set up F45 with the goal of changing lives. We’ve been able to achieve that through a number of different mechanisms, however, over time, the input that we received from clients and franchisees was that they wanted to get their parents involved, they wanted to get their kids involved,” Deutsch said.
“It’s something that’s been on the radar for quite some time but now we’ve finally developed a model that addresses our goals, where we can safely incorporate it and make the initiative really profitable for our franchisees.”
The emphasis on adolescents and the older generation exposes F45 franchisees to a greater scope of clients, with modified training programs that cater for age-specific challenges.
Current franchisees have the option to opt in to the F45X module and begin integrating the program into their existing operations, with the potential to expand the business to a stand-alone model.
“If a franchisee buys the F45X module, the absolute goals is that they’ll fill it out and move on to different premises, however if a franchisee chooses not to opt in, then someone else has the opportunity to develop the model in that area,” Deutsch said.
“Current franchisees get favourable terms; obviously we want franchisees to opt in and the model has been designed for them to make more money, increase membership, increase revenue and improve profitability, so everything is built for our current franchisees.”
The current F45 model sees classes run early in the morning and after work, leaving a large portion of the day free, which Deutsch suggests is perfect for targeting the adolescent and over-60 markets.
“All that dead time gets filled with classes,” Deutsch said. “It’s true that many of the franchisees use that time to do admin, so you might find that they add another trainer to accommodate the increase in classes.”
“It’s a way for franchisees to find another 50 to 100 members without increasing their costs, and in a way, by training kids and by training older people, you might find that you add a few members just through referral.”
The roll-out will begin in Australia before expanding into international markets in the coming months.