date:Dec 26, 2012
rtups.
Some foreigners prefer to do it themselves.
Nick Coutts is co-founder of the Fitness Hut gym chain whose modest fees have lured thousands of clients. It is betting on a low-cost model, saving on frills like saunas, pools and reception staff, who are replaced with keypad entry.
I think it's a very easy story to sell - a low-cost gym is going to work in a recessive economy. There are people with money still prepared to back startups if they have the right concept that fits into what's go