Fighting fitĪnytime Fitness is a big multinational budget gym franchise chain, which started in the United States at the turn of the century and entered Australia in 2008. It may be one of the more defensive plays in the sector given its membership prices. It’s also one that plays into the ageing population/increased focus on health trends thematic. Private equity types think of it as a potential COVID-19 re-opening type trade, with the ability to bulk up gym membership numbers after a tough few years for the industry. Should it come up for sale, it’s expected to attract interest given its big position in the Australian gyms and fitness centres market. Stanton Road’s role was said to be exploratory, at this stage at least, but enough to start stirring up a bit of smoke in the sector. Sources said it remained to be seen whether the soundings blossomed into a formal sale process. Street Talk understands boutique advisory Stanton Road’s bankers has been running Anytime Fitness past potential buyers, focusing on private equity shops with pockets deep enough to take on a business estimated to be recording about $400 million a year in revenue and with experience in owning franchisors. So, what better time to be softly sounding buyers for Australia’s second-biggest gym business, Anytime Fitness, which is majority owned by a big offshore parent and considering strategic options of its own.Īnytime Fitness has about 570 gyms on its books in Australia.
They’re available in orange, which is most appropriate for baking pumpkin spice cake.There’s a bit of warmth in the air, and private equiteers’ thoughts are turning towards getting rigs in shape for summer. This spatula set covers all your baking needs, from transferring batter to smearing frosting. Rachael Ray Lil’ Devils Silicone Spatula Trio Best baking tools for making pumpkin spice cake Baking spatulas However, read the ingredients in canned pumpkin carefully you may find that some varieties actually contain other types of squash. Because it’s shelf stable, you can stock up on canned pumpkin if you’d like to bake pumpkin spice cake throughout the year. One of the drawbacks of fresh pumpkins, however, is that they may be difficult to find off-season.Ĭanned or puréed pumpkin is ideal if you want to cut down on preparation time. Most people use sugar pumpkins for baking because they’re sweet and have rich, pulpy textures.
If you’d like to use fresh pumpkin for a pumpkin spice cake, be prepared to spend extra time roasting and pureeing it. Unfortunately, there aren’t too many mixes available, so you may find yourself using spice cake mix and pumpkin purée instead. These mixes are cost-effective if you’re not prepared to invest in a wealth of pumpkin spice products. You can prepare some of these cakes in as little as 10 minutes before they go into the oven. Many people are partial to using a pumpkin spice cake mix, which includes most of the recipe’s dry ingredients. However, baking from scratch is time-consuming and unless you are an experienced baker, if you don’t follow a recipe carefully, the cake may not turn out well. They also might add other baking spices to achieve a specific flavor profile. Bakers have the opportunity to tweak recipes, such as using egg substitutes or adding a jigger of rum.
There’s a lot to love about baking a pumpkin spice cake from scratch. The most common iterations include quick breads, cheesecakes, frosted cakes, layer cakes and sponge cakes. Many cake recipes, such as a basic spice cake, can be adapted to pumpkin spice varieties with the right ingredients. What you need to know about making pumpkin spice cake Popular types of pumpkin spice cake Whichever type you choose to bake, a rich and flavorful pumpkin spice cake always seems to hit the spot with a hot cup of tea or coffee. Pumpkin spice cake recipes range from sweet quick breads to layer cakes and luscious cheesecakes. With the right baking tools and ingredients, it’s easy to whip up one in your own kitchen. If you’ve got a craving for pumpkin spice cake, there’s no need to spend top dollar at a gourmet bakery to enjoy a slice.
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