Company Overview

Business Description

Sector
Consumer Discretionary
Industry
Hotels, Restaurants & Leisure
Headquarters
Netherlands NL
Employees
7 906
IPO date
Jun 10, 2016

Basic-Fit NV runs a chain of low-cost fitness clubs in Europe. It sells gym memberships that give customers access to workout equipment, group classes, and in many clubs digital training content. The company’s main customers are individual consumers who want an affordable place to exercise close to home or work.

Basic-Fit makes money mostly from recurring membership fees, with some extra income from services such as drinks, snacks, and membership upgrades. Its clubs are designed to be simple and standardized, which helps keep costs down and lets the company open and run locations at scale. That model makes it different from full-service health clubs: it focuses on price, convenience, and a no-frills gym experience rather than premium amenities.

The company sits in the consumer fitness industry as a direct provider of access to physical gym space and equipment. Instead of selling equipment or health products, it earns by attracting members into its own club network and keeping them subscribed over time. That makes Basic-Fit more like a subscription-based service business than a one-time retailer.

Basic-Fit NV Investor Relations

Address
Wegalaan 60
Hoofddorp, Noord-Holland
Netherlands

Business Segments

Fitness club memberships

Basic-Fit runs low-cost gyms where members use workout equipment, classes, and club facilities. It also sells add-on services and products inside the clubs, such as drinks, training help, and other extras.

Customers and revenue model

Management

Mr. Redouane Zekkri

Chief Operating Officer

Biography unavailable

Mr. Richard Piekaar

Director of Treasury, Investor Relations & Sustainability

Biography unavailable

Ms. Erica Van Vonderen - Hahn

Chief Commercial Officer

Biography unavailable

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