16-04-12
Dear Swords Member,
I wish to advise you that it is with great regret that we are to cease the operation of MiGym Fitness. MiGym Fitness in Swords is to be liquidated and will close effective immediately.
Despite much effort on our part we have, like many companies before us, succumbed to the devastating force of the recession and can no longer operate as a viable business.
This decision has not come lightly and I can assure you that we have spent the last number of months trying to find solutions that may keep us afloat including operational adjustments, internal restructuring and management reinvestments but to no avail. We have suffered particular pressure due to exorbitant rents, rates and utility prices, as well as labour market restraints and downward price pressure.
I would like to take this opportunity to thank you for your custom and loyalty to MiGym over the years and once again express my deep regret that it has come to this.
Sincerely,
The Directors
Noel Cowman
Mark Devoy
Alan Fitzpatrick