Yet another F45 gym has collapsed into liquidation, adding to a growing pile of failed franchises involved in the popular fitness chain in recent months.
On Sunday, a melbourne company called Anthony Cselko Training Pty Ltd went into voluntary liquidation.
The business was trading under the name F45 Training Bayswater North, as it was part of the F45 network.
News.com.au has contacted the appointed liquidators, Garth O’Connor-Price and Christopher Bergin of insolvency firm William Buck, for comment.
F45 Training is an Australian fitness franchise well-known for its 45-minute high intensity interval training (HIIT) classes which were an instant hit worldwide and received backing from Hollywood star Mark Wahlberg.
But the F45 franchise has been struggling in the past year amid an economic downturn and news.com.au has reported on more than a dozen of the privately-owned gyms going bust in Australia in the past six months.
It’s the latest spot of trouble to hit the embattled brand amid multiple class actions from investors, mass board resignations and in a blow from last month, the brand being delisted from the New York Stock Exchange.
F45 had nearly 500 studios across Australia at the start of the year, however, an earlier…
