with tony blair talking about the need to keep fit/ hence much less a burden on the NHS.. it may even one day become leglislation on keep fit routines, if the NHS is burdened further..
as a shareholder here, v disappointed that management are considering de-listing, i hope they do not, and will be one voting against the proposal..
|Nice try saffy, I truly admire your perseverance. I bought these on the original pump and dump in 2004, sold half a couple of weeks later for a hefty loss and left the remaining handful just 'in case'. Finally bit the bullet now and frankly its a relief not to see it sitting on top of my portfolio showing a +90% loss! You could say it was an expensive lesson, but I prefer to think it taught me something valuable and saved me from making a possbily even more expensive mistake later on other 'speculative' shares. C'est la vie.
|i for one will not be voting for the cancellation on HLC shares... only hold a handful, but apart from constant dilution, this is the alternative worst thing that can happen to shareholders...
rather than having shares in an unlisted company to preserve some shareholder value is to sell the buisness, and at least have a shell running..
N THE WORLD OF HEALTH & FITNESS FOR THE OVER 40s...WANT a career in the leisure and fitness industry? Want to be your own boss? Want to make a difference and help more mature people achieve the fitness and good health they have always strived for in life?
Motorcise article image
Motorcise article image
Then a Motorcise franchise could be the perfect answer for you. Following the successful establishment of nine franchises over the last 18 months we at Motorcise have now put together a complete franchise programme. This enables enthusiastic and motivated people to build their own Motorcise business.
As a franchisee you will be provided with all the equipment, knowledge and branding to operate a successful Motorcise franchise. However, it will be your own business and the level of success will very much be dependent upon your own enthusiasm, ability and efforts.
No exercise background is required but you will need to consider that fitness and good health is important. As a Motorcise franchisee you will have an exclusive geographical area in which to build your business. You may have identified suitable premises but, if not, we will help to locate the right site for you. With 45 Motorcise outlets across the country we have significant experience in identifying and selecting properties and negotiating appropriate leases.
The franchise fee includes the right to use the Motorcise trademark and branding including the design of the exterior and interior signage and corporate image.We will also install and commission the suite of 10 Motorcise exercise machines and install the Motorcise EPOS and membership management computer software.
All franchisees attend a full training course based at an existing centre where you will attain the Motorcise Trainer Diploma and a copy of our Operational Manual which, in short, tells you all you need to know about running a Motorcise Centre. Although, we fully appreciate as a franchisee you will want to run you own business, you will have the peace of mind of full access to support from our operations team.
|in terms of franchising.. hopefully luke et al can take advantage of the fact that franchising buisness is also booming..
Bumper Year for Franchising Growth
LONDON, March 13 /PRNewswire/ -- 2005 was a bumper year for franchising according to the latest NatWest/British Franchise Association survey, which shows that on key turnover and employment measures, 2005 was a record-breaking year. For the first time in franchising history, the industry's annual turnover broke the GBP10 billion barrier, rising 13% to GBP10.3 billion.
The number of franchise systems is also growing at its fastest rate since 1999. There are now 759 active franchises identified in the UK, a net increase of 6% over the last 12 months. Over the last ten years, the number of active franchising systems has expanded by an impressive 60%. From 1995 to 2000 the annual growth averaged at 7%, before slowing to 3% for the remainder.
More importantly, 92% of franchisees claim to be trading profitably an increase from 88% in 2004 and business confidence remains reasonably optimistic. Almost 9 in 10 franchisors and 61% of franchisees expect their own business to improve over the coming year. This is fuelled by the fact that faith in the wider economy has bounced back, possibly after fears of higher interest rates, a house market slump and a collapse in consumer spending proved to be largely unfounded.
In the last ten years, the turnover of the franchising industry has grown 75% from GBP5.9 billion to GBP10.3 billion and franchising now employs 141,000 more people (from 223,000 to 364,000) than it did a decade ago.
The average turnover for franchised businesses broke through the GBP300k barrier in 2005, as turnover rose to GBP318,000, an increase of 9% (GBP27,000) from 2004. Due to the diversity of franchising, over a quarter of franchisees (27%) report an annual turnover of GBP50,000 or less, while at the other end of the spectrum a similar proportion claim a turnover in excess of GBP500,000 and 4% more than GBP2 million.
Mark Scott, National Franchise Manager for NatWest, said: "This has been a tremendous year for franchising and shows how the industry has gone from strength to strength, experiencing growth with all of the key indicators, such as turnover, profitability and growth. This success is a true testament to the people involved in making the industry so dynamic."
The latest survey further cements the position of franchising as a vital contributor to the UK economy as a whole. Brian Smart, Director General of the BFA, said: "In passing the GBP10bn mark the industry highlights something that those within it have known for some time - franchising is big business.
"Ten consecutive years of growth in the number of franchised businesses, together with record levels of employment through franchising and a new high for the industry turnover means that more businesses are generating more turnover than ever before through franchising."
noting also jobs advertised for motorcise..
|a bit of advertising going on for motorcise centres.. almost 50 in Uk..i would imagine.. if luke johnson can push this a lot further, i would imagine so would the share price .
|still expanding the motorcise chain..44 with another 2.. will be interesting to see how the franchising scheme is going..
new centre in rhyde..
|yeah, intelligent chairman as can be seen from his record.. its not only that, but because of the restructuring they can expand the franchise program..
capped at 1.4 mill, may well turn out to be miniscule..
unlike many other dirs on AIM.. he has forked out well over 300K for shares in this venture..
I'm with you on this one,certainly has a strong case for recovery now.|
|in terms of funding..they have agreed a loan term...
also as venture capitalists..
http://www.riskcapitalpartners.co.uk/who_we_are.html headed by luke johnson..
pretty strong results....
Luke studied medicine at Oxford and subsequently joined investment bank Kleinwort Benson as an analyst. In 1992 he organised the acquisition of PizzaExpress and floated the business on the stock market at 40p. He was Chairman of this business until 1999, at which time the share price was over 800p and the business had a market capitalisation of over £500 million.
Luke has been a leading investor in a number of public and private companies and is currently Chairman of Channel 4 Television.
Healthy Living Centres
Healthy Living Centres own and operates over 35 weightloss centres throughout the UK, branded as Motorcise. Risk Capital Partners backed the Chief Executive Paul May and has provided funds to roll the concept out to new sites. The business is aimed at the fast growing older segment of the population, providing them with a friendly environment
in which to keep fit and lose weight.
that 35 needs to be updated to 44..
|a year or so ago they stopped their franchise scheme so that they could restructure the buisness. When Luke Johnson became chairman, and took the helm, after restructuring, the buisness now resumed its franchises and is looking to open more in certain geographical locations.
Certainly, with a aging population, and more people getting obese, and those that find conventional gyms a little intimidating..
Modules cut drive setup time on exercise machines
AC Technology's SCM submicro AC inverter drives have provided a perfect motion control and production solution for the latest range of exercise machines from Lifestyle Engineering.
"The idea of the new machines is to capture the mature market for gym membership, with new clubs or specific suites being set up to offer the 'Motorcise' workout across the UK and the USA."
|Channel 4 serves up new chairman
Luke Johnson made his name running restaurants like Belgo
Entrepreneur Luke Johnson, former head of the Pizza Express restaurant chain, has been named chairman of Channel 4.
Mr Johnson, known for his restaurant and nightclub businesses, is a surprise choice after reports that ex-Coca-Cola UK head Penny Hughes would get the job.
David Currie, chairman of TV regulator Ofcom, which made the appointment, said Mr Johnson, 42, had "an outstanding commercial and strategic track record".
Mr Johnson replaces Vanni Treves with a £67,500-a-year wage for three years.
He is also chairman of Signature Restaurants, which owns the Belgo chain and the Ivy restaurant in London. Channel 4 plays a critically important role at the heart of UK public service broadcasting
Luke Johnson In 2000, he was seen walking out of BBC Two show Back to the Floor after working as a waiter at Belgo, telling producers to "stick your TV programme".
Mr Currie said the new chairman had "a passion for public service broadcasting and Channel 4"."He has the ideal experience to guide the Channel 4 board as it addresses the significant challenges ahead," he said. Mr Johnson said he was "very excited" by the chance to help guide the channel's development in the future.
"Channel 4 plays a critically important role at the heart of UK public service broadcasting, with a brilliant track record at the forefront of innovation and creativity in television," he said.
His appointment has been formally approved by Culture Secretary Tessa Jowell.
He describes himself as a "projector" - which he says is a 17th Century term for a man involved in many different businesses.He is a governor of the London Institute and writes a business column for the Sunday Telegraph titled "The Maverick".
He read medicine at Oxford University and has previously run a scenery manufacturer and been a director of English Classic Cars and the investment vehicle Intrinsic Value.
a little history - luke johnson..
|The first post..
The first motorcise franchise was torbay.
http://www.motorcise-torbay.co.uk/ which expanded to exeter..
with franchises opening up, the expansion for HLC continues.
a little bit more on Luke Johnson.
|Only 1 on the bid now - will soon be back down to 0.5/1.0!|
|profit takers already have taken at 1.5 to 1.7p. That is almost a 70% decline in the bid price on Friday, so I expect the only way is down.
No 200% rise, more like a 50% fall.|
|I can smell another 200% up on Tuesday to 5p! imho|
|how about we stick with HLC .|
|Stick to WHOG for next week if I were you.|
|the only people going to arrive at CWV are a coach full on a Saga holiday.|
|cwv is going to rise soon, get in before everyone arrives.|
|cwv is going to rise soon, get in before everyone arrives.|