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Find out how this gym brand aims to attract more investors

Find out how this gym brand aims to attract more investors

Boutique fitness franchise TRIB3 now has two investment options for UK entrepreneurs

The reopening of the fitness industry in the UK was greeted with huge positivity and praise when it was announced in early July.

For many it was imperative that this sector was allowed to open as soon as possible, as the advice throughout the COVID-19 crisis has been that being physically activity and fighting fit has never been more important.

The team at boutique fitness franchise TRIB3 welcomed the news and the opportunity to move forward with plans to keep growing its global family and get more people around the world moving.

Unforgettable workout experience

TRIB3 is a unique fusion of 45-minute zoned HIIT workouts and industrial-luxe design that creates an unforgettable boutique workout experience.

At TRIB3, customers are guaranteed results, burning up to 1,000 calories per session. But they’re also guaranteed to feel right at home, with social connection squarely at the heart of the brand.

Ultimately, inclusivity and community are some of the organisation’s fundamental values, so one of the things the TRIB3 team have been working on is making sure the company’s product is as accessible as possible for prospective franchisees.

Less risk - continuous support

Karl Dietrich, chief development officer at TRIB3, says: “The growth of the fitness sector is hugely important and franchising allows people who are wishing to take control of their personal situation and start their own business to do it with less risk and continuous support throughout the lifetime of their franchise business.

“Historically, after challenging financial global conditions, both leisure and franchising experience growth as people look to increase their health and well-being and also to secure their own future income streams via franchising, which is a proven model.

“It’s been imperative for us to develop COVID secure processes to run our stores and support our franchise partners, while focusing on new ways to open up the opportunity for more people to own their own TRIB3.”

Evolved franchise model

This has come in the shape of an evolved, more flexible TRIB3 model.

Using demographic and locational analysis and by delving into where prospective franchisees want to base themselves, the brand has developed a tiered size and investment model.

This means that depending on where the store will be located and the capital available to support the venture, franchisees can choose to open a smaller, more focused workout studio or with larger amounts of available capital, a full TRIB3 store, which includes an expansive social area and full service Mixology bar.

A smaller, focused studio has shown itself to be popular in highly residential areas, while a larger, full service store booms in corporate or high footfall locations. Either way, the fundamental TRIB3 studio and workout experience are always the same, as this is the thing that drives customers to come back time and time again.

For prospective franchise partners, this means you can now own your own TRIB3 for a minimum investment of around £100,000, depending on your chosen location.

So is 2021 your year to make a life change with a brand that everyone enjoys, in an industry that makes a positive impact worldwide and is becoming increasingly important? Why not join TRIB3 now and start your future today.

At a glance TRIB3 International

Established:

2016

Number of franchised outlets:

5 (of 11 outlets)

Location of all outlets:

Sheffield, Leeds, Manchester x 2 (opening Q4 2020 and Q1 2021), Bristol (opening August 2020), Helsinki, Moscow, Madrid: Cuzco, Basilica and Goya (opening August 2020), Guangzhou

Investment level:

£100,000 minimum, dependent on location

Contact:

franchiseteam.franchise@trib3.co.uk

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Funding Support Available ? Help is available. Check out our franchising funds guide.

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Expected Revenue After 2 Years

Operational break even from 6 to 7...

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