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Since its founding in 2019 in Pamplona, Gloves Fit&Box has gained recognition as a multidisciplinary boutique model in the fitness sector in Spain. This innovative franchise has successfully adapted to market needs, establishing itself as a benchmark thanks to its unique proposition, which combines highly demanded disciplines such as cross training, fitboxing, functional training, and mind-body practices. The success of Gloves Fit&Box is partly due to the implementation of its own technological system that optimizes reservation management, routines, and communication with clients.
Currently, Gloves Fit&Box operates seven gyms in various locations across Spain and is in the process of national expansion, supported by Tormo Franquicias. Miguel González, CEO and founder, emphasizes that his approach is not limited to following fleeting trends; instead, he seeks to establish solid and sustainable routines that allow users to design their training plan without the need to go to multiple facilities.
As part of this expansion, the franchise has announced the opening of two new centers in Madrid and Vizcaya, which will further strengthen its presence in the market. Gloves Fit&Box’s business model is attractive for investors, highlighting its ability to generate revenues of over €30,000 per month in gyms of around 300 square meters, with a team of two to four employees and an initial investment starting at €70,000.
Tormo Franquicias Consulting underscores the advantages of the project, describing Gloves as a boutique format that stands out for its efficient cost structure and remarkable expansion potential. This agreement between both entities marks the beginning of a new phase in Gloves’ expansion, which is set to establish itself in new key cities in Spain.
Referrer: MiMub in Spanish