FitnessOne, India’s leading chain of Gym and Fitness Equipment company has decided to venture into Large Format Gyms / Sports Complex in association with one of the large south Indian business house. The significance of this complex is that it will house all sports facilities in a minimum of 20,000 sft area. It will also serve as functional fitness training center to sports persons.
FitnessOne operates more than 50 centers under various formats. FitnessOne – Unisex full fledged Gym, FitnessExpress – Satellite Model and Pink – Women only gym. FitnessOne also caters to the fitness needs of High Networth Individuals helping them incorporate private GYMs at their Villas or Mansions.
Fitness Process Outsourcing:
FitnessOne which is in very good health has introduced a new concept of Workout Infrastructure Outsourcing. FitnessOne operates at leading corporate business establishments and has 35 MNCs as its clients throughout India. To enable SME employees to stay fit and healthy, FitnessOne has introduced leasing model where the company can establish a fitness center and pay in installments. Mr. Vivek MD of FitnessOne said,
This has actually propelled our growth in the segment and we hope to establish at least another 50 such facilities at various SMEs.
Reliance AMC [ADAG Group] through its subsidiary in Maurutius has bought 4.5% stake in the company valued at Rs 100 crore.