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A branch of Leejam Sports
Leejam Sports Co. (Fitness Time) opened today, July 6, two new low-cost Xpress Fitness centers for men and women in Riyadh, according to the company’s two separate bourse filings.
The male fitness center, spanning 735 square meters (sqm), will operate under the brand "Fitness Time Xpress”, while the female fitness center, spanning 715 sqm, will operate under the brand “Fitness Time Ladies Xpress”.
Both centers will operate under a low-cost operating model, without swimming pools, in addition to the male fitness center being opened 24 hours.
They will be digitally enabled, with highly flexible subscriptions that start with a minimum commitment of one month and at a reasonable price, to make clubs and gyms more accessible to support, in line with the goals of Vision 2030.
The centers will have high-specification sports equipment from Technogym, a world-leading brand in fitness and wellness products.
Both are the 11th and the 12th centers within the Fitness Time Xpress, which was launched in November 2020.
The relevant financial impact will reflect on financial results of Q3 2021, the statement noted.
The new openings brought the total number of Fitness Time centers, locally and overseas, to 137.
Further new centers announcements will be made in the coming weeks, the company added.
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