The 27-year-old, who previously rented space in The Wee Gym, has acquired the business from its former owner, who was selling up in order to move south of the border.

Since taking over the gym, Ms Low has made several enhancements, including bringing in new equipment and upgrading its look and feel, making sure it remains a welcoming space for clients and staff.

Ms Low said: “I’ve always dreamed of owning my own gym, and when the opportunity came up, I knew I had to go for it. The support I received from DSL Business Finance and the British Business Bank was outstanding.”

The Wee Gym is the 500th small businesses in Fife to receive funding from the British Business Bank’s Start Up Loans programme. Since the programme’s inception in 2012, over £4.4 million worth of loans has been delivered to entrepreneurs in the region.

Barry McCulloch, senior manager at the British Business Bank, said: “Entrepreneurs like Rachael play a vital role in our economy, bringing jobs and health and wellbeing services to their local communities.

“The Start Up Loans programme is designed to provide the necessary financial support to help new businesses get off the ground and thrive.

“Rachael’s journey is a testament to the power of entrepreneurship and the support systems in place to help small businesses flourish. With her unwavering determination, The Wee Gym is set to continue growing, making a positive impact on people in Dunfermline and potentially beyond.”

Iain Burnside, chief operating officer at DSL Business Finance, added: “Rachael’s success in acquiring and revitalising The Wee Gym is a testament to her true dedication.

“DSL Business Finance is passionate about supporting entrepreneurs, and we look forward to seeing the success of her business and, as she envisages, possible future expansion in the years ahead.”