Jetts Fitness Explained

Jetts Fitness
Industry:Health Club
Predecessors:-->
Successors:-->
Founded:2007
Founders:-->
Hq Location City:Sunshine Coast, Queensland
Hq Location Country:Australia
Num Locations:129 Gyms Australia-wide
Areas Served:Australia
New Zealand
Thailand
United Kingdom
Netherlands
Owners:-->

Jetts Fitness is an Australian based chain of 24/7 access fitness centers that offers no lock-in contracts.

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.

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

External links

Notes and References

  1. Web site: Jetts 24 Hour Fitness About Page . 2023-07-29 . jetts Australia.
  2. Web site: Startup Jetts Fitness take #1 spot in BRW Fast Franchises List! - Startup Daily. 2012-02-22. Startup Daily. en-US. 2016-05-15.
  3. Web site: Fast track to a fitness empire. The Sydney Morning Herald. 27 October 2011 . 2016-05-15.
  4. Web site: Fitness and funds - but is fitting in a workout half the work?. Bennet. Michael. 25 August 2017. Westpac. 20 May 2018.
  5. Web site: 2022-09-27 . Elaine Jobson buys Jetts Fitness from FLG – announces expansion . 2023-05-22 . healthclubmanagement united kingdom.
  6. Web site: Jetts Fitness launches in NZ . 28 April 2015 . franchisebusiness Australia.
  7. Web site: Fitness-gym giants flex their muscles . Waikato Times . Ceana . Priest . 5 May 2011 . 26 December 2020 . Stuff .
  8. Web site: The fitness franchise taking on Europe. The Sydney Morning Herald. December 2014 . 28 April 2015.
  9. Web site: Jetts launches in Europe and the UK. Sunshine Coast Daily. 2016-05-15.
  10. Web site: Aussie Gym Jetts Ventures Into Thailand . 2016-05-15 . medianet Australia.
  11. http://www.stuff.co.nz/business/small-business/75126660/Vision-Personal-Training-Takapuna-named-best-exercise-facility-in-NZ "Vision Personal Training Takapuna named best exercise facility in NZ video"
  12. Web site: Jetts exports 24/7 fitness to UK, Europe. Mike Sullivan. businessacumen.biz. 22 October 2014 . 28 April 2015.
  13. http://www.couriermail.com.au/news/queensland/jetts-fitness-24hour-gym-owners-rags-to-riches-take/news-story/a387c078293b1a95d9de720ba1f0aa80 "Jetts Fitness 24-hour gym owners rags to riches take"
  14. http://www.smh.com.au/business/capital-gain-melbournes-celtic-club-back-on-market-20150423-1mrier.html "Capital Gain: Melbourne's Celtic Club back on market"