Gym Kit Finance case study

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Global specialist finance company, Falcon Group, provide both mid-cap companies and large corporations with tailored and flexible finance options to enhance growth. As a progressive company with employee wellbeing at the core of their successful operation, providing a top of the range fitness facility for staff was high on the agenda. Their London team recently relocated to a new office space on Lombard Street, and worked alongside fitness industry consultant, Elaine Coulthard, Johnson Reed and Fitness Systems to build their desired gym facility.

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Have you ever wondered how your gym or leisure business measures up against the latest benchmark standard? Do you know what drives key performance indicators across your business and how to adopt the very best practices from across the sector? In such a competitive industry, it’s becoming vitally important to understand how and where your business should focus, both in terms of operational performance and realising your full commercial potential. 

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Fengate Gym was acquired by new Director, Steve Hoffman, earlier this year. Having been a member of the gym himself since 1990, Steve earmarked the business as one with huge potential, and since taking over, has implemented a series of incremental upgrades to boost membership and modernise the facility.

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We catch up with Boditrax co-founder, Nick Stillman, for an invaluable insight into the journey, development and future of the innovative body compoisition technology.

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Folkestone Sports Centre, Kent, has been a popular attraction for both local residents and visitors since its inception in 1974. Boasting a huge range of facilities, from swimming to all year dry slope skiing, the centre is the perfect location for those looking to improve fitness, enjoy relaxing treatments, entertain the family, or engage in a little healthy competition! In order to continue providing high-quality fitness equipment to the community, the centre recently upgraded the ageing range of cardio equipment.

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Johnson Reed Fitness Finance has recently partnered with Impact Fitness, who specialise in membership sales solutions throughout the UK health and fitness market. We spoke to Managing Director, Neil Haughin, to find out more about the business.

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The Studio Method refers to the process through which clients, ‘learn to train properly and love to train regularly’. Taking inspiration from some of London’s most prestigious ‘boutique’ gyms, The Studio is a private members training facility offering outstanding customer service and valuable personal input to training. Owen approached Johnson Reed to explore leasing options for The Studio’s fitness equipment and various elements of the fit out, including weights, apparatus, furniture, changing room lockers, signage and neon lighting.

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Danny’s latest venture, in conjunction with business partner, Luke Kousoulou, is VIP HQ. Rather self-explanatory; the new headquarters will provide a base from which he will run his operation and host his clients. However, VIP HQ isn’t just another gym facility in the saturated Essex fitness market. Based in Stapleford Abbots and spanning three acres of land, the new site boasts both indoor and outdoor facilities; a prefab building filled with functional fitness equipment, and a large outdoor army-style assault course.

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Operations Director, Dave Sanders, and General Manager, Craig Worley, began working with Pride Gymnasium in 2013 to apply experience gained from their 25 years in the industry and drive the business forward to meet its full potential. The popular facility has undergone a huge £250K refurbishment in 2016, and now boasts one of the best-equipped gyms in North Hertfordshire!

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Gym 64 boasts all the facilities of a top luxury health club, yet has a modest monthly membership fee starting at just £39 per month. Having first approached us five years ago for equipment finance for the Dunfermline site, we were thrilled when owners, Alan and Nindy Goodsir, and the team at Gym 64 returned to us for help financing their second site in Kirkcaldy.