The Gym Group is a chain of 24/7 no contract fitness clubs in the United Kingdom. The company is headquartered Addiscombe Road in Croydon, London, England.

The Gym Group plc
Company typePublic limited company
LSEGYM
FTSE SmallCap Component
ISINGB00BZBX0P70
Founded2007; 17 years ago (2007)
FounderJohn Treharne
HeadquartersCroydon, London
Key people
RevenueIncrease £204.0 million (2023)[1]
Increase £15.6 million (2023)[1]
Increase £(8.4) million (2023)[1]
Number of employees
2,000 (2023)[2]
Websitewww.thegymgroup.com
Corporate Site
former logo

Operations

edit
 
The Gym location in Lewisham, London

The company was founded by a squash player, John Treharne, in Hounslow in West London in 2007.[3] Phoenix Equity Partners and Bridges Ventures invested in the company in its early years.[4][5]

The business was listed on the Sunday Times Fast Track 100 in 2012.[6] The Gym Group and PureGym explored a merger in 2014, but this was later abandoned.[7] The Gym Group floated on the London Stock Exchange in 2015.[8]

Operations

edit

The company had 229 gyms and 812,000 members as at 31 December 2022.[9]

References

edit
  1. ^ a b c "Annual Results 2023" (PDF). The Gym Group. Retrieved 13 March 2024.
  2. ^ "The Gym Group's operations boss on people, pricing and sustainable expansion". Raconteur. 17 May 2023. Retrieved 13 March 2024.
  3. ^ Farrell, Sean (9 November 2015). "The Gym to float on stock market with valuation of £250m". The Guardian. Retrieved 26 February 2020.
  4. ^ "Phoenix Equity Partners announces the successful IPO of The Gym Group". Phoenix Equity Partners. 20 November 2015. Retrieved 7 February 2024.
  5. ^ "The Gym completes £250m London listing – further proof that commercial growth and social impact can go hand-in-hand". Bridges Ventures. Retrieved 7 February 2024.
  6. ^ "Business profile: The Gym Group". Berkshire Live. 30 August 2013. Retrieved 7 February 2024.
  7. ^ "Sports Direct to open gym chain". BBC News. 11 November 2014. Retrieved 26 February 2020.
  8. ^ "The Gym Group fixes valuation at £250m with today's IPO". City AM. 9 November 2015. Retrieved 7 February 2024.
  9. ^ "The Gym Group opens record number of new gyms as revenues inch back towards pre-COVID-19 levels". Health Club Management. 17 March 2023. Retrieved 7 February 2024.
edit