Holman Webb is pleased to relay the firm's successful involvement in the recently announced Australian expansion of Planet Fitness® ('PF'), one of the largest and fastest-growing franchisors and operators of fitness centers in the United States.
Holman Webb's Franchising and Retail team, headed by Best Lawyers Sydney Franchise Lawyer of the Year 2019, Corinne Attard represented PF Growth Partners, LLC ('PFGP') one of the largest franchisees in the Planet Fitness® system with locations in Maryland, Washington, D.C., Tennessee, Florida, Washington and Northern California in its investment in Bravo Fit Holdings Pty Ltd. ('Bravo'), the Australian PF franchisee.
PFGP partnered with Bravo Fit, LLC, a U.S. based franchisee with clubs in Oregon and Alaska, in addition to the Australian fitness operator, Galactic Fitness Pty Ltd.
This venture will see the introduction of at least 35 new Planet Fitness locations to Australia over the coming years, with two locations currently open in Tuggerah and Gosford in the Central Coast of New South Wales.
For more information, or to speak with a member of Holman Webb's Franchising and Retail team with regard to a matter of your own, please don't hesitate to get in touch today.