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Boutique health and well-being business urges you to get on board

Boutique health and well-being business urges you to get on board

Make your next step fitness franchising, TRIB3 says

In a recent study by Enterprise Nation, one in five Britons said they would like to start their own business. After the tumultuous months we’ve all been navigating, it’s no wonder more and more of us want to take back control.

The report also found that the most popular area of industry for potential business founders was health and well-being, reinforcing the spotlight that has been placed on this sector since the COVID-19 pandemic took hold.

Throughout the crisis, the enduring message has been that being physically active is vital to combatting key factors that make people more susceptible to the virus.

Breaking down barriers

TRIB3 often hears prospective franchisees say they weren’t sure how to get into the fitness industry or had held off from stepping into this sector due to a lack of direct experience. Here’s why this shouldn’t stop you:

Firstly, you need to find a franchisor with robust levels of experience in the industry, so you can have total confidence in the support and training offered.

As a fast-growing global fitness brand, TRIB3 was founded by one of the pioneers of the UK boutique fitness market, CEO Kevin Yates, and the support team working with him have over a century of combined experience in the sector.

Many of the first franchisees to join the company’s network had little or no working experience in the industry but possessed a passion for fitness which, underpinned by over 150 hours of dedicated training and ongoing support, translates to continued next-level results.

Secondly, you need to try out the product - step into your prospective customers’ shoes and see if you love it as much as they do.

TRIB3’s one workout, one studio model is assisted by proprietary technology, an unrivalled coaching team and cutting edge programming to keep customers coming back for more.

As you start the journey to becoming a TRIB3 store owner, the company will arrange a dedicated site tour for you, where you’ll take part in a session, meet the team and experience the facility end-to-end, so you can immerse yourself in the brand.

Finally, you should choose the type of market offering that excites you.

The fitness industry has been diversifying and growing for many years. Valued at over £95 billion globally in 2019, the boutique fitness model represents the fastest growing proposition within the sector, as people increasingly seek rich ‘tribal’ consumer experiences.

And while many operators have faced challenges as a result of COVID related restrictions such as distancing, TRIB3 harnesses the most powerful, social elements of the smaller and intimate boutique model and fuses them with a unique studio design that maximises space.

The result? A +48 spots-per-session studio that allows for a fast break-even and creates powerful communities with strong brand loyalty.

At a glance TRIB3 international

Established:

2016

Number of franchised outlets:

6 (of 13 outlets)

Locations of all outlets:

Sheffield, Leeds, Bristol, Helsinki, Moscow, Madrid: Cuzco, Basilica and Goya, Guangzhou, Edinburgh, Manchester x 2 and Amsterdam opening Q2 2021
M

aster franchisee investment level:

initial investment can start between £59,000 (leveraging third party funding) or £118,000 of personal investment

Contact:

franchise team. franchise@trib3.co.uk

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Expected Revenue After 2 Years

Operational break even from 6 to 7...

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