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HTTP/1.1 200 OKServer: nginxContent-Type: text/html; charset=utf-8X-Powered-By: WordPress VIP Host-Header: a9130478a60e5f9135f765b23f26593bX-Content-Type-Options: nosniffX-XSS-Protection: 1x-rq: syd3 177 253 80Cache-Control: must-revalidate, max-age=300Expires: Wed, 14 May 2025 13:29:01 GMTDate: Wed, 14 May 2025 13:24:01 GMTTransfer-Encoding:  chunkedConnection: keep-aliveConnection: Transfer-EncodingSet-Cookie: nk=d4fd537ff29480321d64cc0d8815e26d; expires=Thu, 14-May-2026 13:24:01 GMT; domain=.couriermail.com.au; secure; SameSite=NoneStrict-Transport-Security: max-age=31536000 ; includeSubDomainsContent-Security-Policy-Report-Only: frame-ancestors 'self'; report-uri https://www.couriermail.com.au/csp-reportsContent-Security-Policy: block-all-mixed-content; style-src https: 'unsafe-inline'; script-src https: blob: 'unsafe-inline' 'unsafe-eval'; img-src https: data:; frame-src https:;BlaizeHappened: trueX-ARRRG5: /blaize/decision-engine?path=https%3a%2f%2fwww.couriermail.com.au%2fweb-stories%2ffree%2fthe-courier-mail%2fhow-brisbane-man-is-making-more-than-1m-a-month%3fnk%3dd4fd537ff29480321d64cc0d8815e26d-1711775422&blaizehost=v4-news-au-couriermail.cdn.zephr.com&content_id=&session=d4fd537ff29480321d64cc0d8815e26dX-ARRRG4: https://www.heraldsun.com.au/X-PathQS: TRUEVary: User-AgentAkamai-GRN: 0.4e4e6168.1747229041.1e4fbe9eHow Brisbane man is making more than $1m a month | The Courier Mail
Brisbane man making more than $1m a month
Words: Alex Turner-Cohen Producer: Issey Gogoll
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A Brisbane gym owner has managed to turn the tables on Covid-19 thanks to a stroke of good fortune and now his company is raking in over a million dollars every month.
When Australia entered its nationwide lockdown in March 2020, like most small business owners, Peter Hull was terrified after opening up his own gym franchise.
But a winning combination has seen the 34-year-old’s profits skyrocket over the last two years while many others were staring down the barrel of bankruptcy.
By the end of this month, FitStop will have made $30 million in revenue to date, which has Hull turning over a massive $1 million every single month.
So what’s his secret to success? Hull founded FitStop in his mid-20s, signing his first lease for a “very small tin shed” in Brisbane back in 2013.
His then-partner, now-wife, Bec, sold her Toyota Corolla for $18,000, which bankrolled them starting their own fitness business. In the first year, they made $70,000 in revenue.
After four years scraping by, they decided to turn the brand into a franchise and had expanded to 22 different franchises by the time the pandemic arrived in 2020.
By pure coincidence, Hull launched an at-home workout app when borders slammed shut and Australians went into lockdown.
80 per cent of customers continued paying reduced membership fees in lockdown which kept the business alive, and “we opened six new ones [gyms] the day lockdown ended."
In the two years since, their franchises have spread across Brisbane, the Gold Coast, the Sunshine Coast and WA - in cities that managed to avoid extended lockdowns, unlike Sydney and Melbourne.
The number of FitStop members now stands at 14,000, a substantial jump since the original 30 members who started out in 2013. And over the past six months, the gym has gone from 48 franchises to 71.
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Original URL: https://www.couriermail.com.au/web-stories/free/the-courier-mail/how-brisbane-man-is-making-more-than-1m-a-month