Leisure Finance case study

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Whether you’re going karting for a special occasion, or pursuing regular practice as a hobby, Midland Karting provide a fun, safe and challenging karting experience for racers of all ages and abilities. With their karts fast-approaching the ten-year-old mark, Midland Karting decided it was time to upgrade their fleet, especially as the ageing models were proving incredibly costly to maintain. Working with world-leading and 33-year-established kart manufacturer, Sodi Kart, the team opted for 14 of the new GT4 models, which boast low operating costs and high levels of comfort and safety.

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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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The UK’s biggest bespoke freerunning park, Fludity Freerun, has just opened its doors in Cardiff. We find five minutes to catch up with Director, Frazer Meek, to discuss the trials and tribulations of getting freerunning recognised as an official sport, and now, a business.

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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.

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Director of Evolution Strength, Jimmy Hayns, first stepped foot in the gym at the age of 16 and hasn’t looked back since. Realising a dream almost a decade old, he took the plunge and opened a strength and bodybuilding gym on Oswestry high street.

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Connor Crotchett and Leon Jones both boast an extensive background in training and fitness; with Connor serving as Director of 3D Fitness Ltd, which designs and imports their own brand of gym equipment, and having previously owned All Your Life Fitness Club in Tipperary. Leon has been in the fitness industry for 13 years, with five years of amateur kickboxing and five years in the gym industry under his belt, as well as gaining personal training and nutrition specialist qualifications.