Evie DeSales 3.8 Times

Amsterdam B-Fit has 1,200 clubs in seven countries. The company uses a lot of debt to fund its growth. It doesn't look terribly cheap but it looks like the kind of level that these things normally trade at if it's at eight times or something. Did you like the gym industry when you profile those companies? No. I mean, I'd rather own a supermarket than a gym.