Joint Venture Franchise Opportunities
DRAGONS’ DEN STAR OFFERS JOINT VENTURE
FRANCHISE OPPORTUNITIES
James Caan is offering franchise opportunities to would-be entrepreneurs through his new gym chain. James Caan - The BBC star and business guru launched nuyuu fitness with former LA Fitness Sales and Marketing Manager Ben Silcox last Autumn and already the enterprise has a chain of five gyms with two new franchise operations set to be announced later this month.
The £2 million launch was part funded by James’s private equity company Hamilton Bradshaw and is forecast for double digit growth in the next 2 years, from a growing pipeline of over 60 sites throughout the UK.
“Franchising in the UK was always high on the agenda once we had established a strong brand identity and solid "owned" business foundation, James Caan has enjoyed some great success operating franchises business in the past, his experience in joint venture franchising will be invaluable to Nuyuu's rapid growth in this area."” said Ben.
“We will be announcing two franchise operations in the South of England later this month and we’re now looking for other interested parties.
”Nuyuu was launched with three gyms bought from LA Fitness in Slough, Livingston and East Grinstead. The company then acquired two further gyms in Newbury and Stevenage at the start of 2010 and will be making further acquisitions as well as offering franchises in the next quarter.
Nuyuu fitness is a new value for money brand offering state-of-the-art equipment in a clean, fun, friendly and modern environment. The Value for Money sector of the Health & Fitness industry has seen the most growth when compared to the mid-market and premium operators.
Nuyuu teams up with well known partners such as Dovespa, 360 Play, and Timetwisters to provide value for money for the family. Nuyuu is able to offer a simple model with core values that suit today’s economic climate.
“This was an opportunity that was too good to miss. We are talking about giving people what they want, at a price they want, without sacrificing quality and with a hugely experienced team behind it,” said Ben.
If you are interested in meeting James Caan with a view to investing between £100,000 and £300,000 as a joint venture partner operating your very own gym with Nuyuu Fitness; Fill in your details below or call 0844 871 0002 ...only entrepreneurs need apply!
