Stay Fit Gym was founded in 2012 by Romanian entrepreneurs Alexandru Lascar, Marius Preodisteanu and Laurentiu Lascar and current expansion ambitions are also fueled by the fact that in late 2021 investment fund Morphosis Capital took over the majority stake in the company.
The network currently includes 20 centers, with a new one set to be opened in July in Piatra Neamt. 2023 will bring total investments of around EUR10 million for 12 or 13 new units.
In 2022, Stay Fit Gym posted total revenues worth RON19.5 million, up 130% from 2021. Its number of subscribers rose from around 4,200 in early 2022 to around 20,000 at present.
For 2023, the company targets RON40 million revenues, up 105% against 2022.
(English version by Catalina Apostoiu)