LATEST VERSION OF THE BLOG, CLICK HERE

IDEAS / COMMENTS: fuelinjectedmale@live.hk

EMAILS MUST HAVE A VALID SUBJECT LINE

FuelMix - ATTITUDE AND ILLUMINATION

FuelMix   - ATTITUDE AND ILLUMINATION

NOTICE

1. THIS BLOG IS NOT FOR EVERYONE. CHECK YOUR ELIGIBILITY VIA AWKWARD QUESTIONS.

2. WHY ARE BLOG POSTS REPUBLISHED? CLICK HERE

Friday, June 09, 2017

Goji Studios (Gym And Wellness)

Various locations (in the premises of the defunct California Fitness):

  • Whampoa (April 2017)
  • Tsim Sha Tsui (June 2017)
  • Mong Kok (June 2017)
  • Kowloon Bay (June 2017)
  • Central (June 2017)
  • Causeway Bay (June 2017)
  • Wanchai (July 2017)
Web:  https://gojistudios.com.hk
Email: hello@gojistudios.com.hk
Tel: 2530 3038

Walking down Granville Road last night, FuelMix was approached by a gym marketing guy who handed  FuelMix a flyer for Goji Studios, a gym and wellness centre.  It was located on the 9th, 10th and 11th floors of The One, Tsim Sha Tsui.

"Aren't those the premises of California Fitness..?" enquired FuelMix

"Yes", said the marketing guy, "but we are NOT California Fitness at all.  We give you the choice of 1 year or 6 month membership.  And it is all fixed price.  Everyone pays the same in all our branches.  The basic membership is about HK$500.00 per month.

(Underlining  highlighting and bold print by FuelMix):

A newly established gym chain has quietly rented seven premises previously occupied by the shuttered California Fitness, with the first to open in Hung Hom next month. 

Goji Studios, owned by a local consortium led by financial services firm Opus, was offered significant rent discounts after the seven prime locations had been left vacant for 10 months, the Post has learned. 

Unlike California Fitness, whose members paid multiple years of membership fees in advance, Goji charges on a monthly basis to reassure customers who were left in limbo by the former chain’s sudden collapse. 

About 64,000 members and 700 employees were hit last July as the operator of California Fitness, mYoga and Leap closed all its 12 outlets across the city amid unpaid debts amounting to more than HK$100 million. The gym chain had earlier been criticised by the Consumer Council for using intimidatory and misleading sales practices. 

“We are not California Fitness,” Ricky Cheuk Ming-yin, chief operating office of Goji Studios told the Post in an email.


The former Hong Kong rugby sevens player said the closure of California Fitness had provided a “special investment opportunity” to take over numerous vacated premises well suited for a fitness club. 

Opus has taken over the former chain’s premises in Causeway Bay, Wan Chai, Central, Hung Hom, Mong Kok, Kowloon Bay and Tsim Sha Tsui. They would be launched before the end of August, Cheuk said. 

It is understood that most Goji Studios outlets have been leased for five years at a total monthly rent of about HK$10 million. Its Hung Hom branch received a 13 per cent discount for a monthly rent of HK$1.3 million. 

The consortium is currently in discussions with landlords to rent other vacant premises once used by California Fitness. 

“Opening seven locations in such a short time requires sizeable financial resources. Opus has secured ample financial resources to support a successful business,” Cheuk said, assuring customers that his chain would not collapse like California Fitness. 

Despite expensive rents and stiff competition from smaller rivals, Cheuk was confident about prospects for the fitness industry, with a plan to ride the wave of family interest in health.

“Our market research has found that Hong Kong people place great importance on health, and fitness is a growing industry,”he said, citing a 2015 survey that showed 69 per cent of respondents placed health and fitness as their top priority. 

“In addition to sports lovers and health and wellness enthusiastics, we also target families and kids. We aim to offer activities that adults and kids can enjoy together as valuable family time,” he said.

The chain charges HK$588 a month for basic membership and HK$888 for a premium plan.

About 300 people had joined the chain as of last Friday, a sales manager told the Post. Many of them are former members of California Fitness........



"They're not doing any hard sell", said the muscleboy working in BC Connection in Tsim Sha Tsui, "they know what will happen if they try....it's a fixed rate membership.  Everyone pays the same.  But the guys working there are the staff and trainers who used to work in California Fitness and Pure Fitness".

Copyright © 2006 – 2017 FuelMix All Rights Reserved
ON A MOBILE DEVICE, VIEW THE WEB VERSION OF THE BLOG

No comments:

Post a Comment

Note: only a member of this blog may post a comment.