Gym Kit Finance case study

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Salford Red Devils are a 100+ year old rugby league football club based in Manchester. Their home ground – Salford City Stadium – holds a 12,000 capacity and they play at the highest club level, The Super League.

This season has seen a new owner Marwan Koukash take over and invest heavily in the club, the site development and the playing team (8 new top level signings). As well as their continued investment in the team, the club has also invested in new fitness equipment for the players’ gym, as well as new IT hardware for their operations staff.

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Just a quick update about a job we did a little while back.

We were approached by a Borough Council who asked for £30,000 of leasing finance to get an entire refurbishment for a gym, full of brand new equipment.

That was 8 months ago, and we’ve just been asked by the same council to help get even more finance for continued expansion.

We’ll keep you posted about new developments!

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An important aspect of Johnson Reed’s service is the ability to work with sector specialist suppliers – it’s very often through them that we arrange many of our finance deals. One such specialist is Matrix, a fitness equipment vendor with whom we have had an important partnership recently. Matrix is our crucial link to the … Read more

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The Diplomat Hotel near Llanelli is a long-established hotel on the South Coast of Wales, owned and run by the Jenkins family. Part of the Best Western group, considerable development has been carried out over the years. With fifty luxury en-suite bedrooms, three restaurants and several function suites, the hotel has recently been restored and … Read more

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Gym 28 is a new-start business in Astley, Manchester. It has recently been developed by a husband, wife and son partnership that wanted top of the range equipment to be the basis of their member facilities. They approached Johnson Reed for gym kit finance in the form of a 36-month loan because they knew that … Read more

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It pays to be proactive in business. So split that word up and you get the key ingredients for a new wellness centre. ‘Pro’ for the two professionals that are setting up a new gym in Haywards Heath, West Sussex. And ‘Active’ for a fair description of the fitness facilities that are being incorporated into … Read more

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If you’re a global leader in powertrain solutions to the automotive industry, it may come as no surprise that the management of one Bradford-based company also believes in providing some ‘power training’ facilities for their staff as well. BorgWarner have offices across the globe, but their head office building is in Bradford where they offer … Read more

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‘We’re not here to kiss your butt – only to kick it if that’s what you need’. Not the most delicate of slogans admittedly, but when we tell you that this is the ethos of a new-start gym project, specialising in boxing for children and ladies, perhaps you can appreciate the somewhat aggressive nature of … Read more

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It must be all that marching in kilts with bagpipes that causes so many podiatry problems in Scotland. We have a client who’s been running her own chiropractor and podiatry clinic on the outskirts of Edinburgh for the past six years. The prevalence of foot and limb problems has meant that she’s been very successful. … Read more

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Kenilworth is a small and historic town in the heart of leafy Warwickshire. Located right at the centre of England, it is famed for its castle which has been described as ‘the finest surviving example of a semi-royal palace of the later middle ages, significant for its scale, form and quality of workmanship’. There are … Read more