F45 Training Holdings, Inc. announced that the fitness franchisor has increased its purchase of equipment packs to support expected global franchisee demand. As a result, the company will have approximately 1,200 equipment world packs ready for delivery in 2022, including world packs received year-to-date.
“With today’s announcement, I am pleased to share that we will have sufficient equipment world packs to meet our expectations in terms of global demand for new F45 studios this year,” said Adam J. Gilchrist, president, CEO and chairman of F45 Training. “Through our capital-light business model and robust balance sheet, we are in the unique position to pull forward orders by at least two quarters in advance.”
Gilchrist continued, “Our goal has always been to become the world’s fastest-growing franchisor. Supported by our #1 ranking in the world for boutique fitness franchising, we believe our ability to achieve this goal has never been stronger than it is today with unprecedented demand for F45. It will be a proud moment when we overtake some of the most well-known and respected global franchisor systems across industries. We remain focused on driving our fiscally conservative strategy, which carefully balances growth and profitability.”
