Memo to all Members of Le
Gym Fitness Club, Mentone
We are delighted to announce the
purchase of Equilibrium Health and Fitness Club, Mentone,
which adds to our growing number of clubs in Melbourne.
As you are already aware the Le Gym site currently
has a redevelopment proposal before the City of Kingston.
In the event that the planning application is successful,
the purchase of Equilibrium will enable us to continue
to service our Le Gym members, while the Le Gym site
is being redeveloped.
Equilibrium Mentone will be owned by the same directors
as Le Gym.
In the meantime, it will be business as usual at Le
Gym. We will keep members informed of any developments
and answer any queries you may have. To this end, please
find a Frequently Asked Questions sheet that will assist
you.
Le Gym and Purchase of Equilibrium Mentone:
FAQ
What is the timeframe for redevelopment?
The planning application is still before the City of
Kingston and until it is approved no plans or timelines
can be confirmed. Having said that, we are confident
it will be approved – that is why we purchased
Equilibrium Mentone.
When it is approved, are you intending to transfer Le
Gym Members to Equilibrium Mentone?
Yes. The most important consideration in the purchase
of Equilibrium Mentone was ensuring our existing Le
Gym members had somewhere to train when the redevelopment
commenced. There is considerable unused space at Equilibrium
Mentone, this space will be able to accommodate a large
amount of the existing Le Gym strength equipment. We
are confident that Le Gym members will be pleased and
appreciate the interim training facility we have planned.
What if the redevelopment is rejected?
Both clubs are trading well and would continue in their
own right.
Will members be able to use both sites?
Initially, both Equilibrium and Mentone member will
not be able to use both clubs with their existing memberships.
However, once things settle down, we will look to introduce
an option for multiple use. This will be an additional
$10 per month for both term and DD members.
Will the Equilibrium club continue to trade as Equilibrium
or will it change to Le Gym?
It will continue to trade as Equilibrium.
Will the memberships be the same price?
Pricing policy for both clubs will be kept separate?
When the memberships for both clubs are merged we will
try and maintain the status quo for all memberships.
What if the member has paid up and they don’t
want to go over to Equilibrium?
We believe that the majority of members will experience
an enhanced training facility than the one they are
currently training at. All we ask is for the members
to wait and see what their new training facility will
be like.
As mentioned, the unused space at Equilibrium will
be fitted out with a lot of the existing strength gear
at Le Gym, ensuring that our members are familiar with
a lot of the equipment.
Those original Le Gym and Equilibrium members that
maintain their existing memberships will be the only
ones able to gain special discounted foundation memberships
to the new health club on the Le Gym site. A very good
reason to maintain membership.
If the member still is unsatisfied with the move, we
would like the opportunity to discuss the matter personally.
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