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January 24, 2020

Viva Leisure Limited (ASX:VVA) operates in the health and leisure industry in Australia, with its primary business being a health club operator (gym). VVA has built its brands on passion and the belief that first-time gym users and casual fitness members can achieve their personal fitness goals in a supportive and non-intimidating environment. Through the company’s Club Lime brand, VVA has become recognised in its market as a brand that stands for value, quality and a club or community atmosphere. Here is the list of VVA’s brand.

VVA was founded in Canberra in 2004. Over the last 15 years, VVA acquired 11 clubs and opened 21 clubs. It also expanded to regional NSW, regional VIC and QLD. In June 2019, the company took a further step to expand and list on the ASX through raising capital. The money was spent on acquisition and expanding the established business. We believe this company has a great growth potential with an attractive price.

Business Model and Strategy

VVA operates on what it...

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