Luxury Health & Fitness   (ref 565)                                  £3.02m

Brief Description

This new luxury health and fitness brand, capable of International roll-out, will provide its members with an unparalleled level of service to empower them to attain all their health and fitness goals. The target market is cash-rich, time-poor individuals who currently hire advisors to cater for their psychological, physical and nutritional needs, but tend to lack a co-ordinated solution to address these areas.  The first location will be London based and membership will be available to an exclusive number of clients.

Key Features

Ø            New Luxury Health & Fitness Brand

Ø            Multidisciplinary approach to Preventive Healthcare

Ø            Opening in London and to be rolled out Internationally

Ø            Experienced and strong management team

Ø            Target Market - time poor and cash rich individuals

Ø            Exceptional roll-out and growth potential

Ø            First site to be opened in Knightsbridge, London

Ø            Funding required to establish and equip the London site 

Ø            Forecast turnover Year 2, £5m with an EBITDA of £1.6m

Ø            Qualifying for Enterprise Investment Scheme tax relief

Summary

There is currently no-one in the global health and fitness industry that either caters specifically to the wealthy health conscious individual; or does so with a multidisciplinary co-ordinated and personalised service. The joint founder is already selling personal training, rehabilitation and weight-loss packages to high net-worth individuals. Having worked very closely with clients in the target market, he has identified their need for a tailored service and this market opportunity.

For further information email june@hoareworth.com