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ABC News
ABC News
Business
business reporter Rhiana Whitson 

Multiple F45 gyms have collapsed around Australia as the US-listed parent faces possible legal battles with celebrities and investors

F45 United States Australia Adam Gilchrist John Gunn Anneke Thompson Luke Armstrong IBISWorld David Beckham F45 Training Holdings
F45 has lost market share as competitors muscle in.  (ABC News: John Gunn)

Australian-born gym franchise F45 has been celebrated as a global business success story, but the company now faces multiple lawsuits in the US, a stock price collapse, and a growing number of franchisees going bust or selling up. 

F45, or Functional 45, started in 2012 as just one gym in Sydney before becoming one of the fastest-growing fitness franchises in the world.

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