Restructuring planned

Fitness club operator slips into bankruptcy

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19.11.2024 13:22

Two to three 30-minute workouts per week are enough to achieve your goals, an individual plan is drawn up and the club is reserved exclusively for women - this is the concept behind the Mrs.Sporty fitness studios. One operator of six studios in Upper Austria has now slipped into insolvency.

More than 200 clubs in Europe, around 62,000 members and thus Europe's leading women's fitness and health brand - this is how Mrs.Sporty describes itself on its own website.

However, one franchisee from Upper Austria has now run out of steam: The operator of the studios in Linz-Urfahr, Leonding, Gallneukirchen, Steyr, Enns and Freistadt filed for reorganization proceedings on Tuesday.

22 employees affected
According to Kreditschutzverband 1870, the company's liabilities amount to around EUR 768,000. The amount of the assets has not yet been determined. 22 employees are affected by the insolvency. The sole proprietorship, which was founded in 2010, is to be continued: The creditors are to be offered a 20 percent quota.

According to the entrepreneur, the main cause of the insolvency is primarily due to disagreements with Mrs.Sporty, which is referred to as the former franchisor, explains KSV 1870.

This article has been automatically translated,
read the original article here.

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