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FIBO Exhibition
FIBO Exhibition
FIBO Exhibition
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UNITING THE WORLD OF FITNESS
Health Club Management

Health Club Management

News

The Gym Group plans further expansion as revenues hit £150m mark

The Gym Group is set to continue its fast pace of growth in 2020, with plans to open – on average – around two new sites per month during the year.

Announcing its pre-close statement, the company said it is on track to open between 15 and 20 standard gyms and up to eight small box sites during the year.

The announcement follows a strong 2019 for the group, a year in which it saw revenues jump by nearly a quarter (23.6 per cent), hitting the £150m for the first time (£153.1m).

During the year, it opened 20 new sites – including two small-box sites – taking the total number of gyms in its portfolio to 175.

In a statement, the group also said it had made "good progress" with its Live It premium pricing product. A total of 150,000 members were subscribed to Live It during 2019, translating to 18.9 per cent of its total membership – a significant increase from the 11.7 per cent seen in 2018.

The introduction of Live It has helped the group increase the average revenue per member per month (ARPMM) to £16.02 – up 7.6 per cent from the 2018 average of £14.89.

During 2019, the company also rolled out its new personal trainer model New Gym Team. As a result, there are now 1,500 PTs working in the business on a part-time employed basis.

“2019 has been another very successful year in which The Gym Group has again delivered substantial growth in members and revenue," said Richard Darwin, CEO.

"Our strong proposition, as the UK’s lowest-price, high-quality gym operator, continues to grow the market and bring affordable fitness to more people across the UK.

"We expanded our business by 20 sites in 2019, which included the first two of our new small box gym concept, which delivers low-cost fitness to smaller towns.

"There remains a long runway of potential sites in the UK and with our small box rollout underway we plan to accelerate the expansion of our gym estate in the coming year.

"We have built scale and a strong platform over the past few years and with an encouraging start to January trading, we anticipate 2020 will be another year of significant progress.”

Sign up here to get HCM's weekly ezine and every issue of HCM magazine free on digital.
The Gym Group is set to continue its fast pace of growth in 2020, with plans to open around two new sites per month during the year.
HAF,FIT,IND,PTS
imagesX/THUMB344320_781309_607789.jpg
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Diary dates
01-03 Feb 2022
Coventry Building Society Arena, Coventry, United Kingdom
Diary dates
07-10 Apr 2022
Exhibition Centre , Cologne, Germany
Diary dates
15-16 Jun 2022
ExCeL London, London, United Kingdom
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01-07 Dec 2022
tbc, Dunedin, New Zealand
Diary dates

News

The Gym Group plans further expansion as revenues hit £150m mark

The Gym Group is set to continue its fast pace of growth in 2020, with plans to open – on average – around two new sites per month during the year.

Announcing its pre-close statement, the company said it is on track to open between 15 and 20 standard gyms and up to eight small box sites during the year.

The announcement follows a strong 2019 for the group, a year in which it saw revenues jump by nearly a quarter (23.6 per cent), hitting the £150m for the first time (£153.1m).

During the year, it opened 20 new sites – including two small-box sites – taking the total number of gyms in its portfolio to 175.

In a statement, the group also said it had made "good progress" with its Live It premium pricing product. A total of 150,000 members were subscribed to Live It during 2019, translating to 18.9 per cent of its total membership – a significant increase from the 11.7 per cent seen in 2018.

The introduction of Live It has helped the group increase the average revenue per member per month (ARPMM) to £16.02 – up 7.6 per cent from the 2018 average of £14.89.

During 2019, the company also rolled out its new personal trainer model New Gym Team. As a result, there are now 1,500 PTs working in the business on a part-time employed basis.

“2019 has been another very successful year in which The Gym Group has again delivered substantial growth in members and revenue," said Richard Darwin, CEO.

"Our strong proposition, as the UK’s lowest-price, high-quality gym operator, continues to grow the market and bring affordable fitness to more people across the UK.

"We expanded our business by 20 sites in 2019, which included the first two of our new small box gym concept, which delivers low-cost fitness to smaller towns.

"There remains a long runway of potential sites in the UK and with our small box rollout underway we plan to accelerate the expansion of our gym estate in the coming year.

"We have built scale and a strong platform over the past few years and with an encouraging start to January trading, we anticipate 2020 will be another year of significant progress.”

Sign up here to get HCM's weekly ezine and every issue of HCM magazine free on digital.
The Gym Group is set to continue its fast pace of growth in 2020, with plans to open around two new sites per month during the year.
HAF,FIT,IND,PTS
imagesX/THUMB344320_781309_607789.jpg

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Screens display power generated from each piece of equipment, allowing people to compete against each other for kilowatt hours produced
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Featured supplier news: EMS personal training: shockingly simple
People's fitness goals are extremely diverse – ranging from an elite athlete focused on the next goal to someone who dislikes all activity due to chronic back pain.
Featured supplier news
Featured supplier news: FitnessOnDemand launches new live-streaming feature for all fitness clubs and their members
FitnessOnDemand (FOD) [IHRSA BOOTH 1509] the leader in on-demand content from the world’s most innovative fitness brands and celebrity trainers, this month introduces a new platform evolution for all club operators and their customers.
Featured operator news
Featured operator news: Sporting heroes to officially open £22 million redevelopment at Everyone Active centre
A £22 million redevelopment project will be unveiled at Grange Paddocks Leisure Centre, as part of the official launch of the state-of-the-art centre.
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Company profile: Technogym UK Ltd
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Catalogue Gallery
Click on a catalogue to view it online
Directory
Fitness equipment
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Architects/designers
Zynk Design Consultants: Architects/designers
Flooring
Total Vibration Solutions / TVS Sports Surfaces: Flooring
Independent service & maintenance
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trade associations
International SPA Association - iSPA: trade associations
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Welwyn Garden City
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Property & Tenders
Newport, Shropshire
Lilleshall Sports Academy
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Diary dates
01-03 Feb 2022
Coventry Building Society Arena, Coventry, United Kingdom
Diary dates
07-10 Apr 2022
Exhibition Centre , Cologne, Germany
Diary dates
15-16 Jun 2022
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FIBO Exhibition
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