People By

How the Mašáts left corporate jobs to build The Little Gym chain

How the Mašáts left corporate careers to build The Little Gym network of children

David Mašát and Jana Mašátová left careers at major corporations to bring the children's gym concept The Little Gym to Czechia and Slovakia — today their network operates in several cities and generates tens of millions of crowns in annual turnover.

The idea was born back at the turn of the millennium in Amsterdam, where Jana began attending The Little Gym classes with her children alongside friends and became so taken with the format that she decided to bring it home. Yet a full seven years passed between her first contact with the American franchisor and the opening of the first Czech location — the couple kept working at pharmaceutical companies, Czech Radiocommunications and Sony, until they finally decided on a radical change.

Finding a suitable space in Prague took two years: The Little Gym format requires at least 300 square meters set aside exclusively for children's activities, something most landlords in 2008 simply didn't understand. It wasn't until 2010 that Jana found a suitable space — a former print shop with high ceilings in Prague's Anděl district. To convince the building's owner, she offered to pay a year's rent in advance.

The couple invested nearly 5 million crowns in the project — most of their savings, plus a little help from family and a bank loan. Demand for classes turned out to be 50% higher than expected, so the investment paid for itself in just three years.

Later, the couple was approached with an offer to become master franchisees for Czechia and Slovakia, but they didn't have enough for the licensing fee — a family friend joined the business with a one-third stake, funding the expansion. A few years later the couple bought that stake back and now fully own the network again, which besides the two Prague gyms includes branches in Brno, Ostrava and Bratislava, run by separate franchisees.

Every year one or two serious candidates approach them about opening new locations, but the Mašáts choose partners carefully, turning down those who see the business purely in terms of numbers. “We don't want to grow at any cost, but we do see potential in regional centers — for example in Plzeň, Hradec Králové or Olomouc,” says David. The Prague branches currently run about 80 classes a week, with thirty instructors working with the children — many of them former clients of the network.

Share: Telegram WhatsApp

Related news

Jindřich Fremut, the former CEO of mobile operator O2 Czech Republic, has become a new member of the board of PPF Group — he will be responsible for developing and rolling out artificial intelligence across all companies in the holding.Frem
The Czech hotel group Czech Inn Hotels, founded by entrepreneur Jaroslav Svoboda, has acquired a Hilton hotel next to the famous Schönbrunn Palace in Vienna for more than a billion crowns. The deal marks another step in the company's expans
Polish entrepreneurs Izabela Wojciuk and Damian Olędzki started out importing CBD oil for a dog suffering from epilepsy — today they run one of Europe's fastest-growing supplement brands. This year, revenue at their company Biowen is set to
Tomáš Čech, founder and owner of the Czech men's grooming brand Angry Beards, decided to try out a new corporate benefit on himself — a paid month-long “sabbatical” now available to every employee after five years with the company. While Če
Jiří Pecina, founder and CEO of the Czech tech company Meddi, has rolled out his digital telemedicine platform across the entire Slovak market — clients of all three of the country's insurance companies can now use it. The family business,
Florian Seibel is a former army pilot and scientist who now co-founded and leads the German defense startup Quantum Systems, which this summer raised $1.2 billion from investors (about 25 billion crowns), pushing the company's valuation to
Raiffeisenbank's private banking arm is opening up world-class deals to its wealthiest Czech clients. Through its new qualified-investor fund, the Global Private Equity Fund, local millionaires will be able to invest alongside global player
Five years ago, Pavel Šatný and two colleagues bought out the factory he had previously simply managed as an employee for its American owners. Now their company Doornite — the largest Czech door manufacturer — is going public on Prague's St
Jiří Votava, founder of the Czech online food-supplements store Brainmarket, was forced to return to the CEO's chair just a few months after stepping down — without him, the company, whose turnover runs into the billions of crowns, stopped
Czech couple Josef and Mariana Zaharov have turned a New Year's Eve pastime with friends into one of the most talked-about online games in Czechia. Their project Přihořívá, in which players guess a word with the help of hints generated by a
Martin Jahn, the last Czech on Škoda Auto's management board, is stepping down from the post but not leaving the group — from October he will take up a seat on the board of sister brand Volkswagen, responsible for sales, marketing and after
Czech hotelier Lukáš Pytloun keeps expanding his hotel empire: after Liberec, the mountains and central Prague, he has stepped outside Czechia for the first time, opening a hotel in Baden near Vienna, Austria, while simultaneously turning a