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Westpac banks on Jetts with franchise accreditation

Sarah Stowe

Twenty-four hour gym group, Jetts Fitness, has teamed up with Westpac to provide a high level franchise accreditation package for its growing franchise network.

Executive director, Adrian McFedries, said the package is one of the strongest funding programs he’s seen in his nine years of experience in the franchise sector.

“Westpac recognised the outstanding historical results of the group, but more importantly took the time to understand the infrastructure driving future growth, network consistency and sustainability of earning, which was key for the partnership,” he said.

The accreditation program offers a high level of unsecured funding for greenfield sites for both new and existing operators, as well as a resale package to support buyers of existing clubs.

“For a franchise system that is four years young, Jetts is in the top 10 per cent of systems that we have partnered with for accreditation,” Westpac head of franchising, Phil Smith said.

“Its recruitment processes, operational standards and club profitability are extremely solid and we are proud to be partnering with a company that is focused on the key drivers of success for a franchise network.”