Sydney-based fitness company Corporate Fighter collapses

Head quartered in Sydney’s Surry Hills, fitness company Corporate Fighter, has gone into administration, cancelling all memberships and laying off staff.

Corporate Fighter offered a 10-week boxing course for amateurs which would culminate in a gala charity night. The company entered into administration just days prior to hosting their major gala charity event.

Launched in 2019, the company previously described itself as a fun and challenging program for everyday corporates of all shapes, sizes and backgrounds.

Before shutting down their website and social media presence, Corporate Fighter described its offerings as: “Run in accordance with Amateur Boxing League rules, Corporate Fighter is the ultimate opportunity to experience the thrill, excitement and adrenalin of boxing in a safe professional environment. Participants undertake an intensive 12 week training program before stepping into the ring for a 3 x 2 minute round, full amateur boxing bout against a fellow first timer – all in a highly organised and professional event. Events are held at Sydney’s Luna Park, a fully licensed, iconic world class entertainment venue that has hosted numerous exclusive and fully-catered events. Events will usually consist of 10-14 individual bouts of 3 × 2 minute rounds in accordance with NSWABL rules."

Corporate Fighter also hosted numerous fight night events at other major venues across Australia, including the Hilton Hotel and Doltone House in Sydney, Newcastle's Wests, Brisbane's Royal International Convention Centre and Melbourne Pavilion.

Around 40 tables at each event would sell for between $2000 and $3000, where some proceeds would be donated to charity.

The next charity gala night had been scheduled for next week, however Corporate Fighter sent their customers an email saying they had gone into administration before it could go ahead.

News online reports that according to the Australian and Securities Investments Commission (ASIC), the company is still under the control of its sole director, Josh King.

One insider who worked for a supplier of Corporate Fighter revealed that the company had been struggling for some months.

The fitness company had to enter into a payment plan in November last year with this supplier over a $25,000 debt and events were constantly being postponed.

Images. Credit: Corporate Fighter