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Leisure Management - TRIB3 International Ltd
05 Jul 2022 Leisure Management: daily news and jobs
 
 
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Company profile
TRIB3 International Ltd
Address:
No.1 Spinningfields
Quay Street
Manchester
M3 3JE
UK
Website: www.trib3.co.uk/franchise
Twitter: @trib3uk
Linkedin: Linkedin
Facebook: Facebook
 



About us
Established in 2016, TRIB3 is a unique boutique fitness concept bringing people together through next-level workout experiences. One 45-minute HIIT session with three elements: Treadmills, Resistance and Intensity (TRI) underpinned by performance tracking technology, a custom shake bar and retail.

What’s the main USP of your franchise?
Community. TRIB3 was created first and foremost to bring people together. All our stores feature a lounge area and mixology bar where you’ll find our TRIB3Rs winding down after a session or attending one of our legendary TRIBAL Gatherings. The most special part of the TRIB3 experience is our bespoke journey which celebrates TRIB3Rs as they go from ‘hitting the wall’ on their first session to completing a huge 1,000 sessions and becoming one of our ‘Legends’.

What does the franchise package include?
Franchising with us is a true partnership. Our franchise package spans finance, business planning and operations with over 150 hours of dedicated training, as well as full property search, negotiation and design. We offer a seamless digital infrastructure alongside extensive sales, marketing and brand support.

How much does it cost?
You’ll need a minimum investment of £130,000 to own your own TRIB3 and we work with several major banks who can provide financing options. The initial franchise fee is £40,000 which covers a multitude of services to get you started including property search. Once your store is open, the franchise fee is 7% including a 1% contribution for marketing.

How many sites do you have?
TRIB3 operates in 11 international territories and boasts a growing portfolio of fitness stores and is aiming to have more than 20 by the end of 2022. The next phase of TRIB3’s expansion will see TRIB3 launch in London, not to mention other large UK cities such as Nottingham and Liverpool. Earlier this year, TRIB3 signed a deal which will see the first TRB3 stores launch in Greece and Cyprus this year. A third studio is also set to open in Manchester in 2022, and will add to the other two studios near its headquarters in Circle Square and the YOTEL in Deansgate.

Which consumer group/demographic is the franchise targeted at?
Our community is really diverse. We index strongly with females aged 27 to 32, which informs our property search. Our TRIB3Rs are also informed and discerning, looking for a deep, authentic connection with the brand. We are proud to offer one of the most inclusive but results-driven workouts out there.

What are the characteristics of the franchisee you’re looking to work with?
Our current franchisees are amazing, entrepreneurial people with a passion to be part of a booming, exciting industry. We’re proud to work with people who are looking to lead the change, be their own boss and have fun along the way.

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