Viva Leisure Ltd. · ASX:VVA
Viva Leisure — Merger or Acquisition (September 2024)
22 slides from Viva Leisure's merger presentation, Sep 11, 2024
Slide 1: Strategic Investment Investor Presentation
STRATEGIC INVESTMENT INVESTOR PRESENTATION 11 SEPTEMBER 2024 ASX | VVA
Slide 2: Agenda
EXECUTIVE SUMMARY 3 TRANSACTION SUMMARY 6 OVERVIEW BOUTIQUE FITNESS STUDIOS 9 STRATEGIC RATIONALE 18
Slide 3: Executive Summary
EXECUTIVE SUMIMIAR(
Slide 4: Executive Summary
EXECUTIVE SUMMARY Viva Leisure (Viva) has entered a binding agreement for a strategic investment of 34% of Boutique Fitness Studios (BFS). The Investment of ~$2 million will be funded from existing cash reserves and bank facilities. BFS is the Australian and New Zealand Master Franchisee of four bra
Slide 5: Highlights
HIGHLIGHTS BFS is a significant player in the boutique fitness Significant synergy opportunities space within Australia with four key brands under licence from Xponential Fitness Contracted Viva Pay and The Hub implementation to occur, 48 studios open, with 106 licences sold across all four adding a
Slide 6: Transaction Summary
TRANSACTION SUMMARY
Slide 7: Transaction Summary
TRANSACTION SUMMARY ACQUISITION STRENGTHENS AND DIVERSIFIES VIVA’S POSITION IN THE BOUTIQUE FITNESS SPACE Viva Leisure (Viva) has entered into a binding agreement for a strategic investment in Boutique Fitness Studios (BFS) BFS is the Master Franchisee in Australia and New Zealand of four brands f
Slide 8: Boutique Fitness Studios Summary
BOUTIQUE FITNESS STUDIOS SUMMARY A SUITE OF BRANDS FROM THE WORLDS LARGEST BOUTIQUE FITNESS FRANCHISOR BFS as master franchisor currently has 48 studios open in Australia across the network of four brands There are a total of 106 sold licences/territories, of which approximately 25 are expected
Slide 9: Boutique Fitness Studios Overview
ERVIEW BOUTIQUE FITNESS STUDIOS
Slide 10: Boutique Fitness Studios is the Master Franchisor
Boutique Fitness Studios (BFS) is the Master Franchisor for CycleBar, StretchLab, Club Pilates and Rumble in Australia & New Zealand. BFS aims to provide entrepreneurs with manageable, scalable and high- return franchise entry points into the wellness industry. From a customer perspective, BFS curat
Slide 11: The Largest Global Franchisor of Boutique Fitness Brands
THE LARGEST GLOBAL FRANCHISOR OF BOUTIQUE FITNESS BRANDS Xponential Fitness, Inc. (NYSE: XPOF) is the largest global franchisor of boutique fitness brands. Through its mission to make boutique fitness accessible to everyone, the Company operates a diversified platform of brands spanning across verti
Slide 12: The BFS Story
THE BFS STORY Vision: To become Australia’s favourite fitness brands NZ 10 48 MARCH 2020 SEPTEMBER 2020 MARCH 2021 JUNE 2021 NOVEMBER 2021 JUNE 2022 DECEMBER 2022 AUGUST 2024 Signed MFA Opened first Signed MFA Signed MFA Signed MFA’s in NZ Opened 10th Acquired Club 48 Studios Open CycleBar AU Corpor
Slide 13: About Rumble
ABOUT RUMBLE Founded in New York City in 2017, Rumble is a group fitness concept delivering a combination of boxing-inspired circuits and the transformative power of resistance training. Pro and amateur fighters glove up together, no matter their fitness level or skill, to reveal their inner fighter
Slide 14: Brand Values
BRAND VALUES For those seeking to feel tough, raw, strong, and focused. Rumble is the ideal full body workout destination. We give people a place to display their grit and reveal their inner fighter by making boxing accessible to those who’ve always wanted to throw a punch. ASX | VVA STRATEGIC INVES
Slide 15: Club Pilates
Founded in 2007, Club Pilates is the largest Pilates brand globally with more than 1,000 studios open across 4 continents. Designed with the vision of making Pilates more accessible to everyone, Club Pilates is a premium group based reformer Pilates experience. Ranked in Franchise industry awards gl
Slide 16: StretchLab
StretchLab is the premium destination for assisted stretching and flexibility training, helping our clients improve their range of motion and quality of life. Assisted stretching is one of the fastest growing health and wellness services in the world. StretchLab is complementary to all other fitness
Slide 17: CycleBar
Founded in 2004, CycleBar is the largest premium indoor cycling brand and offers a variety of low-impact, high-intensity indoor cycling workouts, which are inclusive of all fitness levels. With over 200 locations open globally, CycleBar offers an immersive, multi-sensory experience in state-of-the-a
Slide 18: Rationale
RATIONALE
Slide 19: Strategic Rationale
STRATEGIC RATIONALE INVESTING INTO FUTURE EARNINGS IMMEDIATE FUTURE Locations Highly complementary Viva Pay The Hub Supports plan to grow into new Highly complementary fit in Contracted arrangement for the Option to implement The Hub as territories and markets, terms of geography and introduction of
Slide 20: Covering Australia
COVERING AUSTRALIA THE VIVA AND BFS NETWORKS 402 Corporate & Network Locations Viva Plus Fitness BFS State Total Corporate Franchisees Franchisees ACT 50 - 1 51 4 49 NSW 53 129 19 201 VIC 29 7 3 39 50 QLD 32 6 11 49 8 NT 4 - - 4 201 SA - 5 3 8 (NSW) WA 22 17 11 50 51 Total 190 164 48 402 39 (ACT) CO
Slide 21: Competitive Landscape
COMPETITIVE LANDSCAPE SIGNIFICANT OPERATOR IN THE MARKET 566 Viva Leisure now owns and operates the second-largest network in Australia (402) and with a total of 190 corporate locations this also positions the company as the nation’s second-largest owner in the industry. 402 35 Diagram represents ~5
Slide 22: Important Notice and Disclaimer
IMPORTANT NOTICE AND DISCLAIMER Future performance Important information This presentation may contain certain ‘forward-looking statements’. Forward-looking statements include those The information in this presentation is general in nature and does not purport to be complete. It has been prepared by
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