Gym Franchises Can Still Fail. Here’s the Formula That Matters [Chills 288 ft Jeremy Ko]

Jeremy Ko’s first gym died after about a year.

No triumphant founder montage. He was fresh out of NS, knew fitness, but did not yet know how to run the business. That failure gave him the thing he could not buy from a franchise deck: context.

More than a decade later, he says his group has 25+ gyms, alongside fitness equipment, sports supply and climbing businesses.

The part worth stealing is not “work harder”. Jeremy’s model got stricter. He starts with demand and catchment, works backwards into rent and costs, and asks whether the concept can scale without the founder becoming the permanent receptionist, troubleshooter and cleaner.

His sharpest line for anyone romanticising entrepreneurship: if you only create one outlet that needs you every day, you may have bought yourself a job.

For TFC’s working-professional crowd, that is the real tension. Leaving a salary can create freedom… or swap one boss for rent, payroll and leaking roofs.

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