Core/Stairmaster
Core/Stairmaster
Core/Stairmaster
Health Club Management

Health Club Management

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UNITING THE WORLD OF FITNESS
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Health Club Management

Health Club Management

News

Low cost gyms make waves on Fast Track 100 list

Pure Gym, Xercise4Less and The Gym Group have all been named on the Sunday Times Virgin Fast Track 100, as low cost operators put in a strong showing on the list of UK private companies with the fastest-growing sales over their latest three years.

In a sign that there is plenty more to come in terms of growth for the sector, Pure Gym (18th), Xercise4Less (21st) and The Gym Group (46th) all came in the top 50 – the only health club operators to feature in the list.

Having taken part in a failed merger with rival chain The Gym Group earlier this year, Pure Gym finished the year on a high with a best ever finish on the list – up five places from 2013. The chain has achieved three year average annual sales growth of 108.66 per cent, with annualised sales figures of £48.3m for 2013/14.

Jon Wright’s Xercise4Less made its debut on the list this year and has set its sights on reaching 100 gyms (it currently has 24) by the end of 2016. The chain’s 2014 sales of £14m helped it achieve a three-year growth average of 104.16 per cent per annum.

Meanwhile, The Gym Group notched its third consecutive appearance on the list ahead of plans to open 25 gyms next year – taking the total number of sites to 70. Sales figures of £36.2m for 2013 (the most recent available) saw the chain record three year average annual sales growth of 71.59 per cent.

Gym Group CEO and founder John Treharne said: “The sustained popularity of budget alternatives across a number of sectors reflects the wider consumer demand for value and significant additional investment is enabling us to build on our success by delivering our award-winning service to even more of the UK population.”

On average, this year's Fast Track 100 companies achieved annual sales growth of 71 per cent over three years, from a total of £749m in 2010/11 to £3.8bn in 2013/14. They almost quadrupled their combined workforce to 18,500 staff over three years, having added 13,500 jobs over the period, some as a result of acquisitions.

Virgin's Sir Richard Branson, whose group is the Fast Track 100 title sponsor, said the list reflected entrepreneurs “taking on many different challenges head-on.”

"Their success is based on real team spirit and it is this togetherness, above and beyond any other factor, that sets great businesses apart from also-rans," he said.

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Pure Gym, Xercise4Less and The Gym Group have all been named on the Sunday Times Virgin Fast Track 100, as low cost operators put in a strong showing on the list of UK private companies with the fastest-growing sales over their latest three years.
HAF,FIT,IND,PHR,RES
553404_625838.jpg
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We became the first boutique fitness brand in all of Southeast Asia to ever raise venture capital backing. This was positive for the industry as it signalled that the industry had growth potential
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News

Low cost gyms make waves on Fast Track 100 list

Pure Gym, Xercise4Less and The Gym Group have all been named on the Sunday Times Virgin Fast Track 100, as low cost operators put in a strong showing on the list of UK private companies with the fastest-growing sales over their latest three years.

In a sign that there is plenty more to come in terms of growth for the sector, Pure Gym (18th), Xercise4Less (21st) and The Gym Group (46th) all came in the top 50 – the only health club operators to feature in the list.

Having taken part in a failed merger with rival chain The Gym Group earlier this year, Pure Gym finished the year on a high with a best ever finish on the list – up five places from 2013. The chain has achieved three year average annual sales growth of 108.66 per cent, with annualised sales figures of £48.3m for 2013/14.

Jon Wright’s Xercise4Less made its debut on the list this year and has set its sights on reaching 100 gyms (it currently has 24) by the end of 2016. The chain’s 2014 sales of £14m helped it achieve a three-year growth average of 104.16 per cent per annum.

Meanwhile, The Gym Group notched its third consecutive appearance on the list ahead of plans to open 25 gyms next year – taking the total number of sites to 70. Sales figures of £36.2m for 2013 (the most recent available) saw the chain record three year average annual sales growth of 71.59 per cent.

Gym Group CEO and founder John Treharne said: “The sustained popularity of budget alternatives across a number of sectors reflects the wider consumer demand for value and significant additional investment is enabling us to build on our success by delivering our award-winning service to even more of the UK population.”

On average, this year's Fast Track 100 companies achieved annual sales growth of 71 per cent over three years, from a total of £749m in 2010/11 to £3.8bn in 2013/14. They almost quadrupled their combined workforce to 18,500 staff over three years, having added 13,500 jobs over the period, some as a result of acquisitions.

Virgin's Sir Richard Branson, whose group is the Fast Track 100 title sponsor, said the list reflected entrepreneurs “taking on many different challenges head-on.”

"Their success is based on real team spirit and it is this togetherness, above and beyond any other factor, that sets great businesses apart from also-rans," he said.

Sign up for FREE ezines & magazines
Pure Gym, Xercise4Less and The Gym Group have all been named on the Sunday Times Virgin Fast Track 100, as low cost operators put in a strong showing on the list of UK private companies with the fastest-growing sales over their latest three years.
HAF,FIT,IND,PHR,RES
553404_625838.jpg

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Features
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Equinox and SoulCycle became mired in controversy recently, when the CEO and majority shareholder of their parent company hosted a fundraiser for President Trump’s re-election. What's the way forward for these brands and what can we learn from this furore? Kath Hudson asks the thought leaders
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The 2019 Moving Communities report highlighted that the silver pound could drive significant growth in public leisure. Operators are capitalising on this potential revenue stream, but uptake is slow. Utku Topraksevten investigates
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Rachael Blumberg

Platefit: creator and founder
People know yoga, Pilates, HIIT and Barry’s Bootcamp, but many don’t know vibration training and it’s my intention, passion and purpose to make it available and bring it to the world
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Founder, R-FITNESS
We became the first boutique fitness brand in all of Southeast Asia to ever raise venture capital backing. This was positive for the industry as it signalled that the industry had growth potential
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We’re trying to help people understand exactly how much effort they need to apply in order to get the best outcome, so they can do it over a long period of time and not burn out. The overall training effect is then much better
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I was seeing a lot of bad pad work and poor teaching in gyms, which broke my heart but spurred me on to develop a dedicated course for boxing technique
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you can never sit back and say ‘yeah, we’ve got it now, it’s all sorted’. With each change of government, each change of minister, you have to keep working on those relationships
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José Teixeira

SC Fitness, Portugal: head of customer experience
People often assume that those who pay more stay longer, but we don’t see this. What we see is that if you have PT you stay longer because you use more, not because you pay more
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Empowering our instructors is our next big task. This is an incredibly dedicated, loyal group of people and there’s a big opportunity to do something very special with them
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Ben Gotting & Dave Thomas

The Foundry: co-founders
Because of our strong focus on community and inclusivity our members really do range from unemployed, and even homeless, to CEOs and board members of major institutions and celebrities
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Featured supplier news
Featured supplier: Myzone is adding the
Each year ACSM’s Health and Fitness journal releases the top fitness trends for the following year, and there was no surprise wearables came out on top.
Featured supplier news
Featured supplier: Harlands Effect: Make Your Business More Profitable
Harlands Group is a membership management service for health and fitness operators, which interacts directly with members to effectively manage membership payments.
Company profiles
Company profile: Incorpore Ltd
Incorpore is a leading fitness and wellness company who have been successfully delivering solutions to ...
Company profiles
Company profile: Balanced Body®
Stocked in the UK for fast, costeffective delivery, Balanced Body® delivers versatile and space-saving mind-body ...
Catalogue Gallery
Click on a catalogue to view it online
Directory
Wearable technology solutions
MyZone: Wearable technology solutions
Locking solutions
Ojmar: Locking solutions
Exercise equipment
EXF Fitness Equipment: Exercise equipment
Direct debit solutions
Debit Finance Collections: Direct debit solutions
Fitness software
Go Do.Fitness: Fitness software
Management software
Fisikal: Management software
Professional services
Deloitte UK: Professional services
Trade associations
International SPA Association - iSPA: Trade associations
Flooring
Total Vibration Solutions / TVS Sports Surfaces: Flooring
Fitness equipment
Physical Company Ltd: Fitness equipment
Property & Tenders
Diary dates
21-22 Nov 2019
JW Marriott Miami Turnberry Resort, Aventura,
Diary dates
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