Strip away Mark Wahlberg, numbers like $2 billion and massive expansion plans and what you're left with is… me.
People like me, who own fitness franchises like F45, were the least shocked at the scaled back operations and plans of the fitness giant detailed in this Mamamia article.
We were the least shocked because we are living the "changing macroeconomic and business conditions" shrinking F45's bottom line and operations.
So, when the news of plunging shares, scaled back expansion plans and unfortunate workforce layoffs at F45 hit the headlines, I was not shocked in the least.
Hi, I'm Marie and I'm a fitness franchise owner [UBX Boxing + Strength].
Sounds like the start of a support group – which checks out after the last few years I've had in business. Also, send help, because I'm about to open my second UBX.
Psst: While you're here, watch how the horoscopes work out. Post continues after video.
And while I don't have $2 billion (but whyyyyyyy?) or the multi-million dollar backing of investment companies, what I do have is a grassroots perspective on why F45's downfall is totally unsurprising.
Recent articles like this one suggested that "something" in 2020 changed the fortunes of the business.
Ummm… could that be COVID?