Easyjet founder says to open budget gyms
Saturday 04 September 2010
British tycoon Stelios Haji-Ioannou, the founder of no-frills airline easyJet, said Wednesday that he planned to open budget gyms across Europe by taking advantage of low property prices.
Stelios said that his private investment vehicle easyGroup would start a new venture, easyGym, in partnership with private-equity backed Fore Fitness.
"Together with Fore Fitness and their investors we will aim to offer value for money in this sector," Stelios said in a statement.
Membership would cost about 15 pounds (18 euros, 23 dollars) a month and users would be able to sign up for monthly contracts as opposed to agreements that tie them down for at least one year.
The first easyGym was expected to open early next year, while the brand would shun swimming pools and saunas.
"This is not the first time the idea of a gym chain came up, but the stars are aligned now, because the real estate market is so soft," Stelios added.
Life & Style blogs
Britain's kitchens so filthy that they present a health risk, says new research
Google Maps hides image of Android robot urinating on Apple in surprisingly insolent Easter egg
How to turn off/stop 'seen by' on Facebook: Disable it to make your chats seem less passive aggressive
KickassTorrents down: new Isle of Man domain taken offline just hours after launch
Company breaks open Apple Watch to discover what it says is 'planned obsolescence'
- 1 I've been called an abusive and dangerous parent, when all I did was listen to my transgender child
- 2 Why this father didn’t hide his daughter’s heroin overdose in her obituary
- 3 Smartphones are making children borderline autistic, says psychiatrist
- 4 Company breaks open Apple Watch to discover what it says is 'planned obsolescence'
- 5 Teaching profession headed for crisis as numbers continue to drop and working lives become 'unbearable'
£26000 - £28000 per annum + benefits : Ashdown Group: Senior Accounts Assistan...
£24000 - £26000 per annum + benefits : Ashdown Group: A highly successful, glo...
£22000 - £40000 per annum: Recruitment Genius: This company is part of a Group...
£16000 - £18000 per annum: Recruitment Genius: Are you a a young, dynamic pers...