UFC Gym Australia enters into administration following legal fight

A popular Australian health club chain has actually collapsed after it was involved in a legal fight with 3 of its franchisees. Ultimate Franchising Group Pty Ltd, UFC Gym Prospect Pty Ltd and Ultimate Franchising Group Properties Pty Ltd– the 3 moms and dad business behind UFC Gym Australia– entered into voluntary administration on May 23. The 3 business held the master franchise contract for UFC Gym Australia. Trying to find a brand-new task or task prospect? Post tasks and look for regional skill on 7NEWS Jobs >> UFC Gym specialises in combined martial arts training and has numerous centres throughout Australia, according to its site, with more set to open quickly. At the start of last month, UFC Gym Australia and its directors were purchased to pay 3 franchisees $5.2 million as exposed by court files, after accusations of “deceptive conduct”. 3 UFC health club franchises were associated with a four-year legal fight. Credit: InstagramUFC Balcatta in Perth and UFC Castle Hill and Blacktown in Sydney were the 3 fitness centers participated in the legal fight. UFC Balcatta, which has actually now been rebranded as Rival Gym, composed on Facebook that the previous a number of years had actually been “difficult, to state the least”. “We’ve dealt with difficulties, obstacles, and barriers, however through all of it, our willpower to provide an exceptional experience for our members has just strengthened,” the post read. “On a brighter note, as RIVAL GYM, we will not be limited by franchise guidelines and can now take the check forming the type of physical fitness environment we’ve constantly wished to attend to you.” The health club was granted a payment of $1,789,848. UFC Castle Hill has actually likewise rebranded as Rival Gym, while UFC Blacktown has actually closed down completely. “It has actually been a journey and we have actually made some excellent memories. The journey had its ups and downs, however we definitely had a blast through all of it,” the Blacktown centre composed on social networks. UFC Balcatta in Perth has actually been rebranded after the legal fight. Credit: FacebookUFC Blacktown was granted $1,955,996 while Castle Hill was designated $1,485,643. It is uncertain how the business’s insolvency will affect the franchisees’ payments. Rajiv Goyal and Christopher Johnson from Wexted Advisors have actually been selected administrators. Wexted and UFC Gym Australia have actually been gotten in touch with for remark. In a significant switch from penalty to reward, chauffeurs are being used a reward to do the best thing on the roadway. In a significant switch from penalty to reward, chauffeurs are being used a reward to do the best thing on the roadway.
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