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UNITING THE WORLD OF FITNESS
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Health Club Management

Health Club Management

News

Pure Gym plans further expansion following double-digit growth

Expansion remains a key focus for the year ahead
– Humphrey Cobbold

Budget operator Pure Gym achieved double-digit growth in revenue and profitability during 2018, cementing its position as the UK's largest gym chain.

Announcing its annual results for the year to 31 December 2018, the group reported revenues of £228.4m – an increase of 15 per cent on 2017 figures. Group earnings before interest, tax, depreciation and amortisation jumped 14 per cent during the year to £73.1m.

Alongside continued strong financial performance, PureGym set a new UK record for gym membership numbers and successfully integrated Soho Gyms following the acquisition of 10 fitness clubs in June 2018.

It now has more than one million members following a 9 per cent increase in memberships, driven by the addition of 30 clubs during 2018 – taking the number of clubs in its portfolio to 222.

Of the new sites, 26 were organic openings and four were Soho Gym conversions.

Humphrey Cobbold, Pure Gym CEO, said there will be continued expansion in 2019 – adding that of 24 April there were already 235 PureGym sites open.

"We’re seeing a great demand for new sites as people become increasingly aware of the importance of leading healthy lifestyles," Cobbold said.

"As well as continued innovation, expansion remains a key focus for the year ahead, and with our new formats, we can welcome more people than ever to our gyms.

"Since January we have already opened 13 new and converted gyms and we’re confident that 2019 will be a strong year for new site opening performances."

During the year, Pure Gym also tested its new ‘small box’ format successfully and now plans to roll it out nationwide.

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Budget operator Pure Gym achieved double digit growth in revenue and profitability during 2018, cementing its position as the UK's largest gym chain.
HAF,FIT,IND,PTS
imagesX/THUMB341610_818506_178797.jpg
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News

Pure Gym plans further expansion following double-digit growth

Expansion remains a key focus for the year ahead
– Humphrey Cobbold

Budget operator Pure Gym achieved double-digit growth in revenue and profitability during 2018, cementing its position as the UK's largest gym chain.

Announcing its annual results for the year to 31 December 2018, the group reported revenues of £228.4m – an increase of 15 per cent on 2017 figures. Group earnings before interest, tax, depreciation and amortisation jumped 14 per cent during the year to £73.1m.

Alongside continued strong financial performance, PureGym set a new UK record for gym membership numbers and successfully integrated Soho Gyms following the acquisition of 10 fitness clubs in June 2018.

It now has more than one million members following a 9 per cent increase in memberships, driven by the addition of 30 clubs during 2018 – taking the number of clubs in its portfolio to 222.

Of the new sites, 26 were organic openings and four were Soho Gym conversions.

Humphrey Cobbold, Pure Gym CEO, said there will be continued expansion in 2019 – adding that of 24 April there were already 235 PureGym sites open.

"We’re seeing a great demand for new sites as people become increasingly aware of the importance of leading healthy lifestyles," Cobbold said.

"As well as continued innovation, expansion remains a key focus for the year ahead, and with our new formats, we can welcome more people than ever to our gyms.

"Since January we have already opened 13 new and converted gyms and we’re confident that 2019 will be a strong year for new site opening performances."

During the year, Pure Gym also tested its new ‘small box’ format successfully and now plans to roll it out nationwide.

Sign up for FREE ezines & magazines
Budget operator Pure Gym achieved double digit growth in revenue and profitability during 2018, cementing its position as the UK's largest gym chain.
HAF,FIT,IND,PTS
imagesX/THUMB341610_818506_178797.jpg

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Features
ukactive
Following the ActiveLab Live! finale at the recent Active Uprising conference, we take a look at startups that are using technology to help people become healthier and more active
Features
Member payments
It’s essential for clubs that the payment process is as easy to use as possible. HCM caught up with some of the leading member payment services to find out how they’re helping clubs
Features
Asia
Over 300 fitness executives gathered in Singapore recently for the World Fit Summit. HCM’s Steph Eaves attended to chat with CEO and founder Ross Campbell and find out more about the industry in Asia
Features
Strength training
You may be able to help your members and customers avoid or reverse osteoporosis by encouraging weight bearing activities, as Liz Terry reports
Features
Statistics
The fitness market in Europe is entering a new phase of growth according to the European Health & Fitness Market Report 2019 by EuropeActive and Deloitte. HCM reports
Features
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There’s no one thing that will fix your member retention, but clarity of mission, a strong culture and an eye for data will drive significant change. Kate Cracknell reports from this year’s Retention Convention
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Are you optimising HIIT for your members, or are they put off by the pain? Abigail Harris looks at research into ways to better support members towards a positive outcome
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With the increase in popularity of functional training, the floor is increasingly becoming a piece of equipment in itself. Kath Hudson investigates
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Founders and advisers, Grit Bxng
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My dream is for our industry to have a much more significant impact on global health; there is still so much more we can do - Rasmus Ingerslev
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We bought gyms in Brisbane, Queensland, and we were one of the first clubs to put proper air conditioning in – that was the big thing that was needed at the time
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The issue holding things back is not GPs’ lack of belief in the power of physical activity – it’s the lack of a quality offer they can refer to. We need to look at the supplier side, so all GPs have access to a good quality provider of exercise
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Much of the fitness industry branding is based on a no pain, no gain philosophy, but we didn’t want to present Rabble like that, even though a session is ridiculously tiring!
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Promotional Feature
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Technology is shaping the way we do fitness. Personal trainers seek the latest innovations to elevate their business services. Electro-muscle stimulation (EMS) takes fitness technology to a whole new level, using the best of technology to ensure faster results compared to any other workout
Job search
POST YOUR JOB
Featured supplier news
Featured supplier: Crown overhaul changing rooms at Saunton Sands spa
Saunton Sands Hotel in Devon, UK, has completed a £2m expansion of its spa and wellness facilities.
Featured supplier news
Featured supplier: Myzone vs. wrist trackers
According to ACSM’s Health and Fitness Journal, wearables trumped the top spot for trends in 2019. However, the question between Myzone or wrist trackers still stands.
Opinion
promotion
Member retention is a growing problem for long-established gym chains, who are battling the growing budget and boutique gym market.
Opinion: Are you trying to beat budget gyms at their own game?
Video Gallery
Harlands Group testimonial
Harlands Group
Harlands Group - Testimonial from 'Simply Gym'. Read more
More videos:
Company profiles
Company profile: Xponential Fitness LLC
Xponential Fitness is the world’s leading franchisor of boutique fitness studios, with a portfolio of ...
Company profiles
Company profile: Harlands Group
Harlands Group are the leading global provider of regular billing services in health & fitness ...
Catalogue Gallery
Click on a catalogue to view it online
Directory
Exercise equipment
Matrix Fitness: Exercise equipment
Locking solutions
Ojmar: Locking solutions
Fitness equipment
Octane Fitness: Fitness equipment
Audio visual
Hutchison Technologies: Audio visual
Lockers/interior design
Fitlockers: Lockers/interior design
Governing body
EMD UK: Governing body
Skincare
Sothys: Skincare
Hydrotherapy / spa fragrances
Kemitron GmbH: Hydrotherapy / spa fragrances
Whole body cryotherapy
Zimmer MedizinSysteme GmbH / icelab: Whole body cryotherapy
Direct debit solutions
Debit Finance Collections: Direct debit solutions
Property & Tenders
Diary dates
23-25 Jul 2019
Melbourne Convention and Exhibition Centre, Melbourne, Australia
Diary dates
05-06 Sep 2019
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Diary dates
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