Fuss-Free Fitness
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Fuss-free Fitness OWN YOUR OWN FIT FOR SUCCESS Who We Are 02 Our Brand 03 The GoFit Story So Far 04 The APAC Fitness Industry 05 The GoFit Difference 07 Top 10 Reasons to Invest 11 In Safe Hands 12 Ownership 13 Fitness Franchise Comparison 14 Typical Layout 15 Contact Us 19 OWN 01 WHO WE ARE GoFit is part of Evolution Wellness Established industry pioneers, we're Group, the team behind some of leading the way with the development the best-known gym brands in of the region's first high-value, low Southeast Asia. price fitness clubs. Evolution Wellness is the owner We're leveraging technology to and operator of over 175 clubs streamline and simplify club operations, in multiple countries, serving and deliver great member experiences. over 400,000 members. 02 OUR BRAND Our brand belief Our brand purpose Fitness is essential to life Energising life through easy so it shouldn't feel like a chore. and affordable fitness. Our brand philosophy As an essential part of our lives, fitness should work around you and your needs. 03 THE GOFIT STORY SO FAR As market leaders, we recognized We have opened a very a space in the market and a unique successful flagship site in opportunity to develop a new Kuala Lumpur with an exciting brand in the fastest growing pipeline of further club development industry segment of high-value, across Malaysia, Thailand, low-price (HVLP) fitness clubs. Singapore, Philippines, Indonesia and Hong Kong. Our new concept also provides what we believe is the most attractive fitness business platform to entrepreneurs and organizations looking to venture into the fitness industry. 04 THE APAC FITNESS INDUSTRY CONSUMER PENETRATION Australia 15.30% New Zealand 13.60% South Korea 7.25% Hong Kong 5.85% Singapore 5.76% Average Asia Pacific* 4.28% Japan 3.33% Taiwan 2.99% China 2.98% Malaysia 1.04% Philippines 0.53% Thailand 0.50% Vietnam 0.50% Indonesia 0.18% India 0.15% Source: IHRSA, Asia Pacific Health Club Report, 2018 05 THE APAC FITNESS INDUSTRY MARKET SIZE (USD MILLIONS) China 3,944 Japan 3,934 Australia 2,831 South Korea 2,580 India 821 Taiwan 407 New Zealand 405 Hong Kong 396 Singapore 352 Indonesia 271 Philippines 256 Thailand 233 Malaysia 201 Vietnam 186 Source: IHRSA, Asia Pacific Health Club Report, 2018 06 THE GOFIT DIFFERENCE Excercise isn't always easy Affordably priced and very well but it's an essential part of equipped, we welcome all levels our lives. Welcome to smart of gym goers, from the new-to- new way of training through fitness customer, to the more no-frills, fuss-free experience. serious fitness lover. Using technology as an enabler So join us and including self-membership Get Smart. Go. management system, on-demand digital classes, you are now in control of your membership options and train how you want, when you want. 07 THE GOFIT DIFFERENCE SIGNATURE USP 08 THE GOFIT DIFFERENCE SIGNATURE USP Digital Group Fitness GoFit App Self Service Kiosk 09 THE GOFIT DIFFERENCE SIMPLE MEMBERSHIPS GOAL FLEX 12 Month Contract No Contract No Annual Fee No Annual Fee Free Super Circuit Free Super Circuit Free virtual Group Exercise Access to Home Club Low Joining Fee Low Joining Fee 5 Guest Passes 2 Guest Passes 10 TOP 10 REASONS TO INVEST 01 Global growth industry 02 Population growth & increasing urbanisation 03 Increasing GDP per capita 04 Growing health related awareness & expenditure 05 Minimal labor 06 Low monthly fees 07 Technologically innovative 08 Cashless, electronic sales in the gym and online 09 Unparalleled support 10 Part of a global company with a portfolio of Asia’s best-known fitness brands with a proven track record of strong corporate and financial governance 11 IN SAFE HANDS Asia’s largest network Fully experienced GoFit is part of the Evolution Our experienced team are Wellness family; Evolution always available to guide Wellness is the operator of our partners through every Asia’s largest wholly-owned aspect of the build and network of fitness clubs (over operational stages of your 170 clubs and counting). business. With actual experience Other brands in Evolution across every discipline of the Wellness’s portfolio include industry, there is no brand Celebrity Fitness, CHI Fitness better placed to guide you to Fitness First and Fire Fitness success. along with the multi award- winning eco-wellness brand Fivelements. Global management team Evolution Wellness is managed by one of the most experienced teams in the fitness industry. Our team includes accomplished professionals who have successfully built and operated fitness businesses on every continent. 12 OWNERSHIP Invest $100k-$800k Favorable Unparalleled Innovative Return on Business USP’s Investment Support Unbeatable Transparent Efficient Equipment Low Fee Low Staffing Costs Structure Model 13 FITNESS FRANCHISE COMPARISON No. of Number of Initial Franchisee Franchisee Initial Ongoing Master Brand Started Corporate Franchise Typical Size Franchisee Net Worth Liquid Cash Franchise Royalty Franchise Locations Locations Investment Requirement Requirement Fee Fee Available 1,000 - $91,600 - 9 ROUND 2009 6 665 $150,000 $30,000 $30,000 $500 + Yes 1,500ft² $133,200 ANYTIME $131,002 - 2002 38 3,970 5,000ft2 $300,000 $100,000 $42,500 $550++ Yes (Int) FITNESS $722,760 BLINK 12,000 - $636,800 - 2015 69 1 $1,500,000 $300,000 $40,000 5% of Gross No FITNESS 18,000ft2 $2,090,288 EAT THE 7% of Gross + $429,000 - FROG 2017 2 2 3,000ft2 $300,000 $150,000 $39,000 1% Marketing Yes $636,000 FITNESS Fund $173,900 - FIT 36 2014 0 13 2,200ft2 $275,000 $120,000 $39,900 6% of Gross Yes $266,650 FITNESS 1,200 - $147,000 - 1996 0 143 $175,000 $80,000 $39,900 6% of Gross Yes TOGETHER 2,000ft2 $193,400 GOLDS 30,000 - $2,218,150 - 1980 148 550 $1,000,000 $400,000 $40,000 5% of Gross Yes (Int) GYM 40,000ft2 $5,000,500 HONOR $146,000 - 2017 2 21 3,000ft2 min $300,000 $50,000 $50,000 7% of Gross Yes YOGA $270,000 MAYWEATHER 2,000 - $200,000 - BOXING & 2018 1 0 NA NA $25,000 6% of Gross No 4,000ft2 $500,000 FITNESS OMNI 2,300 - $250,000 - FIGHT 2016 0 6 $100,000 $20,000 $30,000 5% of Gross Yes 5,000ft2 $500,000 CLUB 4,000 - $100,000 - Country 2019 1 0 $150,000 $35,000 $499 14,000ft² $850,000 & Regional PLANET $969,900 - 2003 64 1,501 20,000ft2 $1,500,000 $600,000 $20,000 7% of EFT No FITNESS $4,242,500 SNAP 3,500 - $149,771 - 2004 23 885 $250,000 $75,000 $29,500 $529 + Yes FITNESS 6,000ft2 $462,800 6% of Gross + 2,500 - $151,000 - UFC GYMS 2013 18 109 $300,000+ $100,000+ $30,000 2% Marketing Yes 45,000ft2 $371,500 Fee WORLD 15,000 - $25,000 - $150,000 - 1978 2 198 $1,000,000 $25,000 5% of Gross Yes (Int) GYM 35,000ft2 $3,200,000 $200,000 ZOO 11,000 - HEALTH 2008 0 31 $150,000 $400,000 $150,000 $14,999 5% of Gross Yes 14,000ft2 CLUB 14 TYPICAL LAYOUT Virtual Group Private Private Entrance Fitness Studio Area 1 Area 2 FitQuest Female Only Workout Zone Female Strength Area Changing Room Strength Olympic Lifting Male Functional Area Changing Room Free Weights Cardio Area 15 16 17 18 CONTACT US Level 12, Wisma Mont’ Kiara. Mont’ Kiara, 50480, Kuala Lumpur, Malaysia. invest@gofit-gym.com 19.