BODY Fit Training, Australia’s fastest-growing fitness franchise, has much to celebrate in 2023 as it sees another year of global growth with more than 62,000 members and more than 270 studios open.
With 550+ franchisees across Asia-Pacific, Europe, North America and the UK, the franchise has increased its revenue by six per cent since 2022 and the compound annual growth rate by 45 per cent over the last three years.
This development highlights the demand for world-class training programmes and practices both in the UK and worldwide.
Building on BFT’s commitment to provide world-class fitness to as many communities as possible, the franchise has continued to expand its global footprint with 60 new franchisees in 2023, of which 44 will have opened their studios by year end.
With a presence now in Hong Kong, Spain and Malaysia, the UK has also accelerated its growth and has welcomed a further 12 new signed locations, including the first Scottish franchisee in Glasgow. The capital is quickly growing into the hub of BFT’s UK network with ten locations sold and plenty more in the pipeline, including the recent launch of BFT Hackney.
“2023 has been another strong year for BFT with regards to franchise growth and members in the UK and worldwide,” said BFT founder Cameron Falloon.
“We’re really optimistic about the future, and we now want to build on this success and grow our brand to every major town and city. We have ambitious growth plans to boost our presence globally and by 2025 aim to sell 900 studios and have 450 open.
“Europe is next on the target bucket list – we are launching our debut studio in Barcelona in the new year and are currently in discussions with prospects in new markets including France, Germany and the Netherlands.”