The Gym Group

The Gym Group is a chain of 24/7 no contract fitness clubs in the United Kingdom. The company was listed on the London Stock Exchange in 2015. It was founded in 2007 and has grown rapidly, with over 229 gyms across the UK as of 2023. The company's gyms offer a range of cardio and strength-training equipment, as well as group exercise classes and personal training services. The Gym Group's membership model allows customers to pay a monthly fee to access all of its gyms, rather than paying for each visit individually. The company is headquartered in London, England.

The Gym Group plc
TypePublic limited company
LSE: GYM
FTSE SmallCap Component
ISINGB00BZBX0P70
Founded2007 (2007)
FounderJohn Treharne
Key people
RevenueIncrease£172.9 million (2022)
Number of employees
2,035 (2022)
Websitewww.thegymgroup.com
Corporate Site
Footnotes / references
[1][2][3]
former logo

Operations
The Gym location in Lewisham, London

The company was founded in 2007 and its first site was in West London.[4] It now has over 229 gyms with 820,000+ members. Some of these sites were acquired from EasyGym and Lifestyle Fitness.

Finances

Phoenix Equity Partners and Bridges Ventures invested in the company in its early years. The Gym Group floated on the London Stock Exchange in 2015. In 2022, The Gym Group had revenue of £172.9 million and EBITDA of £38 million.[5]

The Gym Group and PureGym explored a merger in 2014, but this was later abandoned.[6]

References
  1. "RNS March 2023" (PDF).
  2. "Companies House Company Profile". Retrieved 14 July 2020.
  3. "Company Board of Directors". Retrieved 14 July 2020.
  4. Farrell, Sean (9 November 2015). "The Gym to float on stock market with valuation of £250m". The Guardian. Retrieved 26 February 2020.
  5. TGG RNS March
  6. "Sports Direct to open gym chain". BBC News. 11 November 2014. Retrieved 26 February 2020.


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