SpeedFit
SpeedFit
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Industry:
Gym franchises
Business established:
2013
Total business units:
30 studios

SpeedFit franchises are more than just a business opportunity; it’s a chance to make a positive impact on people’s lives while pursuing your passion for health and wellness. As a franchise owner, you’ll engage directly with your local community, fostering a sense of belonging and inclusivity within your studio.

What Sets Us Apart:

Established in 2013, SpeedFit quickly became Australia’s leading whole-body EMS personal training business. After proving the success of our business model, we began franchising in 2017, offering a fun, efficient, and effective workout solution that supports your clients’ fitness journey in just 20 minutes. Our franchise model minimises the required real estate footprint, accommodating a four-person class in just 80-100m², thus reducing overhead costs and maximising profitability. 

No Significant Equipment Investment Needed:

Unlike many other fitness centres, SpeedFit doesn’t require a significant equipment investment, as the Symbiont Tec Suit provides a customised workout. This eliminates the need for costly gym equipment and reduces upfront costs, making it easier for franchise owners to start.

Appealing to the 35+ demographic:

Our personalised training in a boutique studio environment appeals to the 35+ demographic, whose responsibilities are significant and whose time is limited. By catering to this target market, SpeedFit serves a lucrative niche, positioning itself as a leader in providing fitness solutions that seamlessly integrate into busy lives.

Modern Business Model:

Our easy-to-manage business model requires minimal staff with structured membership payment plans that create ongoing revenue. Our streamlined approach ensures profitability and sustainability and a low breakeven point.

Dedicated Marketing Team:

We develop targeted campaigns, activate digital channels, and provide you with pre-designed assets to optimise your studio communications and attract new clients.  

Comprehensive Training Platform:

Access everything you and your team need to succeed with SpeedFit’s online training platform. From startup guidance to NDIS requirements and how to optimise the training experience for people living with diabetes, we offer both online and face-to-face training to ensure you’re equipped for success.

Guided Business Investment:

SpeedFit provides a high-supported business growth model. Our support office guides you through potential pitfalls, helps set realistic objectives, and mentors you to reach your goals, making your journey enjoyable and rewarding.

Ongoing Support:

With SpeedFit, a franchise is not set and forgotten. Our dedicated support team is here to assist you every step of the way. From fortnightly group meetings focusing on growth strategies to annual conferences where you’ll meet the wider network, you’ll form your own connected community and receive the ongoing support you need to thrive.

Are you ready to turn your passion for fitness into a purpose-driven career in the 35+ market? Join the SpeedFit franchise family today and make a meaningful difference in the lives of others.

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Benefit from SpeedFit’s unwavering dedication to franchise owner success through initial and ongoing scheduled training, supplemented by our comprehensive online training platform. Gain access to resources tailored to every stage of studio management, from startup essentials to specialised Diabetes and NDIS requirements, ensuring your team is equipped to thrive in the competitive fitness industry. Additionally, leverage the expertise of our in-house support office, committed to guiding and assisting you every step of the way, ensuring that you have the resources and assistance needed to navigate challenges and capitalise on opportunities, ultimately driving the success of your SpeedFit franchise.

Upfront investment

  • Franchise fee: $50,000
  • Site/fit-out fee: Dependent on the site and size
  • Other: Equipment range from $50,000

Ongoing fees

  • Royalty: 7%
  • Administration or management fee: Monthly technology fee
  • Marketing fees: 6%
  • Other: N/A

At the end of the Franchise Agreement

  • Transfer fee: $13,500

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Matej Varhalik

CEO and Co-Founder
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Nathan Elliott

Head of Operations
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Bachar Skayni

Health Promotion and Training Manager
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Niki Neumann

Growth and Performance Manager
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Lauren Travers

Franchise Development Manager

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