Small Businesses Ideas 076

Lawrence Alkin and Allan Fisher's Fitness Club Shares Worth £38million!

Names: Lawrence Alkin and Allan Fisher.

Ages: Lawrence, 60yrs, Allan, not known.

'Foolish' Idea': Fitness clubs.

How Idea was Launched:

Lawyer, Lawrence Alkin with partner, Allan Fisher, bought their first fitness club in Chelsea in 1982. Through their company, Holmes Place, they ran a chain of Holmes fitness clubs, mainly in London.

Sales: Holmes Place was floated in 1997.

Earnings: By 1998, Lawrence had shares worth £38million. Allan Fisher, not known.

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