Contours Franchise Failure

This page is to list the growing number of Contours franchise failure in Australia. Franchisors never like to disclose the number of closed down stores or re-sold stores. This information is never made public because if it was then people would be able to make an informed decision and we can't have that can we, that would be franchisor suicide. A store that is re-sold three times and sends the first two owners bankrupt or broke will be classified as a failure.

The franchise agreements don't require disclosure and neither does the law, so without further ado ladies and gentlement may I present you with full disclosure of closed down and re-sold Contours Womens fitness studios in Australia.

CONTOURS FAILURES

BANKSTOWN (CLOSED MARCH 2008)
MOOREBANK (CLOSED JUNE 2008)
WALLSEND (CLOSED JUNE 2008)
NORTH PARRAMATTA (CLOSED JUNE 2008)
ST.IVES (BOUGHT BY HEAD OFFICE FROM FAILING FRANCHISEE 2007) ST.IVES (CLOSED JUNE 2008) NEWMARKET(BOUGHT BY HEAD OFFICE FROM FAILING FRANCHISEE 2007) NEWMARKET (CLOSED JUNE 2008)

THERE WILL BE AT LEAST ANOTHER 2 BEFORE YEARS END
PREDICTION FOR 2009 - 20 close downs minimum- Stay tuned

One of Contours goals is to reach 300 studios, of course this will be done without a care for the financial ruin they cause the franchisees. Our goal is to make sure this 300 figure is never achieved.

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