Club Energy Fitness have kitted out their new premises in Otley, thanks to Stockport based equipment leasing and finance provider Johnson Reed.
Directors Gary and Patrick approached Johnson Reed when the business was looking to relocate to larger premises to accommodate their growing membership base. They were able to acquire additional equipment though a lease, spreading the cost over monthly repayments on a fixed term basis.
First established in 2008, Club Energy Fitness specialise in many different types of training offering studio, cardio, performance, boxing and a ladies zone all under one roof.
“From the initial meeting with Mark Johnson, my business partner and I knew we were dealing with the right company for us. Mark immediately understood our vision and budget restraints and tailored a financial package that showcased the building in its best light, and a repayment plan that allowed us to complete a £10,000 square foot gym kit-out. Mark was only a phone call away for advice, and we look forward to fresh and exciting challenges in the upcoming year. With the support of Johnson Reed we hope to continue to grow.”
Since moving into their new 10,000 square foot premise in June, Club Energy have increased their membership by almost 30%. The revenue from the increase in membership can be offset against the repayments, making for a more immediate return on investment and a period of strong growth for the business.
Club Energy are now looking to build extensions to increase the facility by a further 1,500 square feet. With the extra space, they’re planning to extend their cardio and stretching area, create a new free weights section and introduce a new mind-body studio so they can accommodate Pilates and yoga sessions. A teaching room is also planned next to the weights room allowing Distance Learning Students the opportunity to use the facilities with on-site assessments. Managing director Mark Johnson has secured the necessary finance for the new purchases using in-house funds and Johnson Reed are excited to be on-board!