Sport Life Group

Sport Life Group is planning to branch out 5 fitness-clubs in Kiev by the end of 2009

April 27, 2009
Building building.ua

The Sport Life Group, who runs cognominal group of companies in the USA, Russia and Ukraine, is planning to branch out 5 more fitness-clubs in Kiev by the end of 2009. It'd  been planned to set up only 3 clubs before the rental rates in Kiev were cut by 40-50% in 2009.

 Dmitriy Ekimov, the founder of the Sport Life said that it was not commercially viable to do so while the rental rates equaled $80-100 per 1 m sq. Being  around  $10-12 per 1 m sq., the cost effectiveness of the fitness-club could be 30%. Therefore with present conditions the Sport Life Group is intended to continue building the large sport-clubs chain.