Jetts Fitness

Last updated

Jetts Fitness
IndustryHealth Club
Founded2007
Headquarters,
Number of locations
129 Gyms Australia-wide
Areas served
Australia
New Zealand
Thailand
United Kingdom
Netherlands
Website jetts.com.au

Jetts Fitness is an Australian based chain of 24/7 access fitness centers that offers no lock-in contracts. It is currently owned by Private Investors.

Contents

History

Jetts Fitness was founded in Australia in 2007 by husband and wife Brendon and Cristy Levenson, with the first club opening in Gold Coast, Queensland. [1]

In 2012, the company was selected by BRW as Australia's #1 Fastest Growing Franchise, [2] with revenue growth of 403% and turnover of roughly $43 million, and in 2012 was the 2nd fastest growing company in Australia. [3]

In 2016, the company was sold to Quadrant Private Equity, which owns the company through its Fitness and Lifestyle Group along with other Australian-based gym brands including Fitness First, Goodlife Health Clubs and Hypoxi. [4]

In 2022, following a strategic review of its operations, Fitness & Lifestyle Group (FLG) sold via Management Buy Out led by Jetts Fitness Australia CEO Elaine Jobson that encompasses 129 franchised clubs in Australia as well as international franchise businesses in the UK and the Netherlands. [5]

Fitness and Lifestyle Group retains full ownership of its Jetts Fitness brand and operations in New Zealand, Vietnam and Thailand.[ citation needed ]

International expansion

In June 2010, the franchise launched its first international club in Royal Oak, New Zealand. [6] [7] In late 2013, the first European club opened in the Netherlands, [8] and the company announced further expansion plans into the UK in October 2014. [9]

In January 2016, the company opened its first Asian club in Bangkok, Thailand. [10] In 2021, there are roughly 33 clubs in Thailand.

In 2015, Jetts Fitness was named the best medium-sized fitness company at the New Zealand Exercise Industry Awards. [11] That year the group operated about 250 clubs, comprising more than 300,000 members. [12] [13] [14]

The head office is located in Sunshine Coast, Queensland.

See also

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References

  1. "Jetts 24 Hour Fitness About Page". jetts Australia. Retrieved 29 July 2023.
  2. "Startup Jetts Fitness take #1 spot in BRW Fast Franchises List! - Startup Daily". Startup Daily. 22 February 2012. Archived from the original on 15 September 2016. Retrieved 15 May 2016.
  3. "Fast track to a fitness empire". The Sydney Morning Herald. 27 October 2011. Retrieved 15 May 2016.
  4. Bennet, Michael (25 August 2017). "Fitness and funds - but is fitting in a workout half the work?". Westpac. Retrieved 20 May 2018.
  5. "Elaine Jobson buys Jetts Fitness from FLG – announces expansion". healthclubmanagement united kingdom. 27 September 2022. Retrieved 22 May 2023.
  6. "Jetts Fitness launches in NZ". franchisebusiness Australia. Archived from the original on 4 March 2016. Retrieved 28 April 2015.
  7. Priest, Ceana (5 May 2011). "Fitness-gym giants flex their muscles". Waikato Times. Retrieved 26 December 2020 via Stuff.
  8. "The fitness franchise taking on Europe". The Sydney Morning Herald. December 2014. Retrieved 28 April 2015.
  9. "Jetts launches in Europe and the UK". Sunshine Coast Daily. Retrieved 15 May 2016.
  10. "Aussie Gym Jetts Ventures Into Thailand". medianet Australia. Retrieved 15 May 2016.
  11. "Vision Personal Training Takapuna named best exercise facility in NZ video". Business Day, JOHN ANTHONY, 8 January 2016
  12. Mike Sullivan (22 October 2014). "Jetts exports 24/7 fitness to UK, Europe". businessacumen.biz. Retrieved 28 April 2015.
  13. "Jetts Fitness 24-hour gym owners rags to riches take". 28 July 2015 . Jacinda Tutty, The Courier-Mail.
  14. "Capital Gain: Melbourne's Celtic Club back on market". Sydney Morning Herald, 25 April 2015 Marc