Sector: Health and wellbeing
Geography: Australia wide
Challenge: Fitness First needed to secure strategic sites, reduce costs, improve its lease terms, divest underperforming sites and make their management practices more transparent.
Solution: We stepped in to align clubs and leases with business analytics, renew and renegotiate core leases, dispute historic landlord charges and conduct tightly managed rent reviews.
Result: Fitness First renegotiated more than half its portfolio of leases, delivering more than $30 million in savings.