India’s leading chain of GYM’s Fitness One is now planning foray into fitness equipment retailing according to sources.
The company has tied up with Precor of the US and will also retail its in-house brand, “Propel Fitness”. Equipment manufacturing of propel range is outsourced to Taiwan and Korea. The first retail outlet will come up in Bangalore followed by Chennai within the next few days.
The company has also ventured into Home Gym segment. Mr. Anand, MD of Fitness One said,
If one cannot come to the Gym to exercise, then Fitness One will go to his home. We install and maintain Fitness One equipment at home and will also depute a trainer on a daily basis.
The home GYM must cost anywhere between Rs 50,000 to Rs 500,000 depending on what you opt for.
Fitness One offers Gym, Aerobics, Yoga, Meditation and Weight Management program. Earlier in March, we had reported that the company was also planning to cater to corporate sector in India. They have established Gyms for Cognizant and Gobian Glass already. It also started exclusive Gyms for the Indian women.
The company is looking out for entrepreneurs in Tirupur, Coimbatore, Bangalore, Chennai and Hyderabad to run Fitness One centres on a Franchisee model.