CNA938 Rewind - How financially challenging is it to run a franchise gym?

Watchtower Holdings, the parent company of fitness operator ReFormd which runs several Anytime Fitness and BFT gyms, is set to be charged over alleged late CPF payments involving 13 employees. The company says it is working to settle the outstanding amounts. Following up on this, Andrea Heng and Hairianto Diman find out the biggest cost pressures when running a gym franchise and what members can do if their gym outlet suddenly closes after they have paid membership fees upfront. For more, they speak with Rachel Chiam, Owner, BFT One North and Loyang.