GET HCM
magazine
Sign up for the FREE digital edition of HCM magazine and also get the HCM ezine and breaking news email alerts.
Not right now, thanksclose this window
HID Global
HID Global
HID Global
Follow Health Club Management on Twitter Like Health Club Management on Facebook Join the discussion with Health Club Management on LinkedIn Follow Health Club Management on Instagram
UNITING THE WORLD OF FITNESS
Health Club Management

Health Club Management

News

Revenues up at The Gym Group as integration of easyGym set to begin

The Gym Group saw revenues jump by 36 per cent to £58.3m during the first half of 2018, as it increased the number of clubs in its portfolio to 147.

The company opened six new clubs during the period (six months to 30 June) and also completed the acquisition of easyGym, adding another 13 clubs to its estate. As a result, the number of members increased to 720,000 – up from 508,000 in June 2017.

Profits, however, were hit by both exceptional costs of £1m – mainly due to the easyGym acquisition – and seven months' worth of closures relating to the conversion of 18 Lifestyle Fitness sites, which The Gym Group acquired in September 2017.

As a result, profits were down 14.4 per cent at £5.1m, compared to £5.9m a year before.

Speaking to Leisure Opportunities, CEO John Treharne said that the rebranding of the easyGym clubs will commence as the leases are assigned – and follows on from the successful conversion of the 18 Lifestyle Fitness sites, a process which will be completed this week.

"We'll be implementing the same process with easyGym as we did with Lifestyle," Treharne said. "We already have the development team in place, so there will be a smooth transition."

He added that he expects a "majority" of easyGym estate to be converted by the end of 2018.

Treharne also said that the company will always be open to the opportunity to complete further acquisitions, but that any deals will be in addition to organic growth, which is expected to continue at between 15 and 20 sites a year.

"Acquisitions are part of our roll out programme and I'm sure there will be further opportunities," He said.

Earlier this year, Treharne announced his plans to step down from his role as CEO, with Richard Darwin set to take over the reins in September 2018.

Treharne will remain in the business and on the board as founder director.

Sign up here to get HCM's weekly ezine and every issue of HCM magazine free on digital.
The Gym Group saw revenues jump by 36 per cent to £58.3m during the first half of 2018, as it increased the number of clubs in its portfolio to 147.
PTS,HAF,FIT,IND,PHR
THUMB28569_251669.jpg
Latest News
US fitness industry revenue dropped 58 per cent during 2020 – from the US$35bn all-time ...
Latest News
The UK government is exploring whether incentivising people financially to take part in physical activity ...
Latest News
The Budget announcement has left the UK's physical activity sector with "unanswered questions" and vowing ...
Latest News
Chancellor Rishi Sunak has unveiled an additional £700m funding boost for sports and culture, as ...
Latest News
The merger of two tech firms will result in the creation of a business software ...
Latest News
3d Leisure has put the current lockdown to good use, by stepping in to help ...
Latest News
Gyms and leisure centres in Scotland are set to open on 26 April, provided that ...
Latest News
Hundreds of gyms, swimming pools and leisure centres have been forced to close and thousands ...
HCM Magazine
COVID-19
The health and fitness sector knows the vital role it plays in boosting immunity in the face of COVID-19. Now there’s another opportunity to be an essential service: helping people recover from the virus. Kate Cracknell reports
HCM Magazine
Interview
HCM asks Tim Hollingsworth, Sport England CEO, about Uniting the Movement, the 10-year vision to transform lives and communities through sport and physical activity
HCM Magazine
Promotion
Creating spaces where exercisers feel both safe and inspired to return to the gym is vital, says James Anderson
HCM Magazine
Promotion
Gympass has been busy innovating and forging powerful partnerships. We find out more
HCM Magazine
Ask An Expert
Although extensions to the UK government’s rent moratorium have continued so far, when the end comes, it will represent a cliff edge. Unless agreements can be struck with landlords, or the government intervenes, some operators could be liable for a year or more of back rent, which could be catastrophic, as Kath Hudson reports
HCM Magazine
Supplier showcase
Get your group fitness offering back on track faster in the face of ongoing restrictions, courtesy of Myzone’s tier-transcending digital experience
HCM Magazine
Reopening
Craig Blain outlines the challenges and opportunities facing operators who are aiming to appeal to a diverse membership
HCM Magazine
HCM magazine
HCM People

Dame Sarah Storey

Active Travel Commissioner, Sheffield City Region
Connected and continuous infrastructure ensure journeys via active modes no longer have to suffer the usual delay and inconvenience
HCM magazine
The aggregator market is developing, diversifying and changing in response to market demand. We talk to suppliers and operators about their collaborations
HCM magazine
We’re planning five to six openings a year, but we could easily double that if we are able to find the locations. In the longer term, I think we could easily have 70 EVO clubs in Norway
Featured supplier news
Featured supplier: The Retention People unveil 2020 Member Experience Awards winners
Member engagement software provider The Retention People (TRP) has unveiled the winners of its annual 2020 Member Experience Awards (MEA).
Featured supplier news
Featured supplier: Red Light Rising teams up with ITRM Clinic to supply red light therapy for injured athletes
Red light therapy equipment supplier, Red Light Rising, has partnered with Aidan Robinson of ITRM Clinic in the UK
Company profiles
Company profile: Legend Club Management Systems (UK) Ltd
Legend provides the leading software solution for driving improvements in leisure operations. We deliver savings ...
Company profiles
Company profile: Life Fitness
Through our Life Fitness Solutions Partners, we can deliver design and build services, finance solutions, ...
Catalogue Gallery
Click on a catalogue to view it online
Directory
Trade associations
International SPA Association - iSPA: Trade associations
Flooring
REGUPOL/Berleburger Schaumstoffwerk (BSW): Flooring
Red Light Therapy
 Red Light Rising: Red Light Therapy
Fitness equipment
Octane Fitness: Fitness equipment
Wearable technology solutions
MyZone: Wearable technology solutions
Spa software
SpaBooker: Spa software
Lockers/interior design
Crown Sports Lockers: Lockers/interior design
Independent service & maintenance
Servicesport UK Limited: Independent service & maintenance
Member feedback software
AskNicely: Member feedback software
Uniforms
Service Sport: Uniforms
Property & Tenders
Diary dates
03-06 Jun 2021
Expo Centre & Riviera di Rimini, Italy
Diary dates
12 Jun 2021
Worldwide, Various,
Diary dates
13-14 Jun 2021
Online,
Diary dates
16-17 Jun 2021
ExCeL London, London, United Kingdom
Diary dates
18-19 Sep 2021
Locations worldwide,
Diary dates
21-24 Sep 2021
Messe Stuttgart, Germany
Diary dates
01-07 Dec 2022
tbc, Dunedin, New Zealand
Diary dates

News

Revenues up at The Gym Group as integration of easyGym set to begin

The Gym Group saw revenues jump by 36 per cent to £58.3m during the first half of 2018, as it increased the number of clubs in its portfolio to 147.

The company opened six new clubs during the period (six months to 30 June) and also completed the acquisition of easyGym, adding another 13 clubs to its estate. As a result, the number of members increased to 720,000 – up from 508,000 in June 2017.

Profits, however, were hit by both exceptional costs of £1m – mainly due to the easyGym acquisition – and seven months' worth of closures relating to the conversion of 18 Lifestyle Fitness sites, which The Gym Group acquired in September 2017.

As a result, profits were down 14.4 per cent at £5.1m, compared to £5.9m a year before.

Speaking to Leisure Opportunities, CEO John Treharne said that the rebranding of the easyGym clubs will commence as the leases are assigned – and follows on from the successful conversion of the 18 Lifestyle Fitness sites, a process which will be completed this week.

"We'll be implementing the same process with easyGym as we did with Lifestyle," Treharne said. "We already have the development team in place, so there will be a smooth transition."

He added that he expects a "majority" of easyGym estate to be converted by the end of 2018.

Treharne also said that the company will always be open to the opportunity to complete further acquisitions, but that any deals will be in addition to organic growth, which is expected to continue at between 15 and 20 sites a year.

"Acquisitions are part of our roll out programme and I'm sure there will be further opportunities," He said.

Earlier this year, Treharne announced his plans to step down from his role as CEO, with Richard Darwin set to take over the reins in September 2018.

Treharne will remain in the business and on the board as founder director.

Sign up here to get HCM's weekly ezine and every issue of HCM magazine free on digital.
The Gym Group saw revenues jump by 36 per cent to £58.3m during the first half of 2018, as it increased the number of clubs in its portfolio to 147.
PTS,HAF,FIT,IND,PHR
THUMB28569_251669.jpg

News

US fitness industry revenue dropped 58 per cent during 2020 – from the US$35bn all-time
The UK government is exploring whether incentivising people financially to take part in physical activity
The Budget announcement has left the UK's physical activity sector with "unanswered questions" and vowing
Chancellor Rishi Sunak has unveiled an additional £700m funding boost for sports and culture, as
The merger of two tech firms will result in the creation of a business software
3d Leisure has put the current lockdown to good use, by stepping in to help
Gympass
Gympass
Core Health & Fitness is proud to have signed an exclusive supplier agreement for the
Gyms and leisure centres in Scotland are set to open on 26 April, provided that
Hundreds of gyms, swimming pools and leisure centres have been forced to close and thousands
People placing increased emphasis on their physical fitness, the advances made in digital fitness and
A new guide looks to offer local level practitioners and commissioners – as well as
What are the effects on public health of gyms and leisure centres being shut during
Mobile data and analytics provider App Annie has released its State Of Mobile 2021 report,
fibodo Limited
fibodo Limited
Matrix Fitness has announced an exclusive partnership with Primal Strength to target an increased strategic
The world's largest fitness trade fair, FIBO, has been rescheduled to November. The event will
PM, Boris Johnson, has confirmed that gyms, swimming pools and leisure centres in England will
The re-opening of gyms in Wales has been pushed back by the country's First Minister
The physical and mental health of women in the UK has been put under unprecedented
Excess body fat and obesity are likely to have contributed to more deaths in England
The financial performance of health club operator SATS in the last quarter of 2020 was
Miha Bodytec GmbH
Miha Bodytec GmbH
Member engagement software provider The Retention People (TRP) has unveiled the winners of its annual
FIBO has announced that its Chinese event next month will be held as a hybrid
Placing gyms and leisure centres at the front of the queue for reopening would be
Safe Space Lockers
Safe Space Lockers
1 - 20 of 11,803
HCM Magazine
COVID-19
The health and fitness sector knows the vital role it plays in boosting immunity in the face of COVID-19. Now there’s another opportunity to be an essential service: helping people recover from the virus. Kate Cracknell reports
HCM Magazine
Interview
HCM asks Tim Hollingsworth, Sport England CEO, about Uniting the Movement, the 10-year vision to transform lives and communities through sport and physical activity
HCM Magazine
Promotion
Creating spaces where exercisers feel both safe and inspired to return to the gym is vital, says James Anderson
HCM Magazine
Promotion
Gympass has been busy innovating and forging powerful partnerships. We find out more
HCM Magazine
Ask An Expert
Although extensions to the UK government’s rent moratorium have continued so far, when the end comes, it will represent a cliff edge. Unless agreements can be struck with landlords, or the government intervenes, some operators could be liable for a year or more of back rent, which could be catastrophic, as Kath Hudson reports
HCM Magazine
Supplier showcase
Get your group fitness offering back on track faster in the face of ongoing restrictions, courtesy of Myzone’s tier-transcending digital experience
HCM Magazine
Reopening
Craig Blain outlines the challenges and opportunities facing operators who are aiming to appeal to a diverse membership
HCM Magazine
HCM magazine
HCM People

Dame Sarah Storey

Active Travel Commissioner, Sheffield City Region
Connected and continuous infrastructure ensure journeys via active modes no longer have to suffer the usual delay and inconvenience
HCM magazine
The aggregator market is developing, diversifying and changing in response to market demand. We talk to suppliers and operators about their collaborations
HCM magazine
We’re planning five to six openings a year, but we could easily double that if we are able to find the locations. In the longer term, I think we could easily have 70 EVO clubs in Norway
HCM magazine
In addition to championing the health benefits of activity, the sector must now start to emphasise its power to drive the economy if we are to gain the policy support we need
HCM magazine
New research into Type 2 diabetes and COVID-19 is establishing the risks across different age groups, enabling policymakers to design interventions more effectively
HCM magazine
Before the first lockdown we’d just kicked off an international research project, so we absolutely see Gymbox going global
HCM magazine
HCM People

Vern Hill

Founder, Carifit
Our free online membership, Carifit 4 All, was designed to help mothers get back into fitness and is now listed in the Royal College of GP’s Clinical Lifestyle Toolkit
HCM magazine
We’re actively looking at growth opportunities and feel confident we can parachute the Your Space brand into a new club or local authority contract and make a success of it
HCM magazine
Our mission is to bring people together through next-level workout experiences and our community really is incredible
HCM magazine
Featured supplier news
Featured supplier: The Retention People unveil 2020 Member Experience Awards winners
Member engagement software provider The Retention People (TRP) has unveiled the winners of its annual 2020 Member Experience Awards (MEA).
Featured supplier news
Featured supplier: Red Light Rising teams up with ITRM Clinic to supply red light therapy for injured athletes
Red light therapy equipment supplier, Red Light Rising, has partnered with Aidan Robinson of ITRM Clinic in the UK
Company profiles
Company profile: Legend Club Management Systems (UK) Ltd
Legend provides the leading software solution for driving improvements in leisure operations. We deliver savings ...
Company profiles
Company profile: Life Fitness
Through our Life Fitness Solutions Partners, we can deliver design and build services, finance solutions, ...
Catalogue Gallery
Click on a catalogue to view it online
Directory
Trade associations
International SPA Association - iSPA: Trade associations
Flooring
REGUPOL/Berleburger Schaumstoffwerk (BSW): Flooring
Red Light Therapy
 Red Light Rising: Red Light Therapy
Fitness equipment
Octane Fitness: Fitness equipment
Wearable technology solutions
MyZone: Wearable technology solutions
Spa software
SpaBooker: Spa software
Lockers/interior design
Crown Sports Lockers: Lockers/interior design
Independent service & maintenance
Servicesport UK Limited: Independent service & maintenance
Member feedback software
AskNicely: Member feedback software
Uniforms
Service Sport: Uniforms
Property & Tenders
Diary dates
03-06 Jun 2021
Expo Centre & Riviera di Rimini, Italy
Diary dates
12 Jun 2021
Worldwide, Various,
Diary dates
13-14 Jun 2021
Online,
Diary dates
16-17 Jun 2021
ExCeL London, London, United Kingdom
Diary dates
18-19 Sep 2021
Locations worldwide,
Diary dates
21-24 Sep 2021
Messe Stuttgart, Germany
Diary dates
01-07 Dec 2022
tbc, Dunedin, New Zealand
Diary dates
Search news, features & products:
Find a supplier:
HID Global
HID Global