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Health and Fitness

Fore Fitness Group

Status: Active

May 25th 2020 - Jul 4th 2020

Stretch

Fore Fitness Group (FFG) is a company that operates the easyGym and PACK45 brands in the fitness space. It operates 20 affordable but high-quality easyGym units across 3 countries. FFG plans to open gyms, boutique studios across the world and develop digital assets such as workout apps. It is developing two new products: an innovative workout app, and an effective & easy-to-use home fitness equipment machine. FFG believes that these steps will appeal to fitness enthusiasts both during and after the Covid-19 pandemic. FFG’s’ vision is to operate the largest fitness network in the world by 2030. The company will use the investment: 10% of it to patent, prototype and gather initial feedback for the home fitness equipment, 20% to build, market and ship the first orders for the home fitness equipment, 15% to market and establish momentum for the workout app, 15% to launch a premium version of the online fitness library, 20% for company costs such as rent and staffing, and the rest for investment opportunities that may present themselves and to seek new Master Franchise Agreements (MFAs) for different countries with eligible partners.

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pledged: 39% days to go: 6 investment: £39,624

  • £1,456,060
    pledged
  • 100%
    of goal

    £1,450,000
    target

    £5,800,000
    pre-money valuation

    20.00%
    equity available

    71
    investors

    £20,508
    pledge per investor

    11849873
    company number

    Active
    company status

    27/02/2019
    incorporated 1 years

    Equity Calculator
    Investment
    £
    Equity
    %
  • Internet Business Awards Category Award Winner 2015
  • Hertfordshire Business Awards Finalist 2014

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