Viva Leisure Ltd (ASX: VVA) operates health clubs within the Australian health and leisure industry. Viva Leisure’s mission is to connect health and fitness to as many people as possible and aims to provide its members with affordable, accessible and awesome facilities.
At the end of March 2019, Viva Leisure operated 29 clubs located within the Australian Capital Territory and New South Wales, with the majority operating under the Club Lime brand. The Company’s has also entered into leases or agreements to lease a further 16 locations, plus an additional three facilities to be acquired shortly after listing. With over of 47,500 individual members they experienced growth at an average net rate of 709 members per month (excluding acquisitions) for the period April 2018 to March 2019.
Pay By: May 23
List Price: $1.00
Minimum Investment: $2,000
Maximum Investment: $10,000 (before scaling).