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The Gym Group opens five clubs in one day to hit 200 UK sites
POSTED 22 Dec 2021 . BY Tom Walker
The Gym Group now has 200 clubs and 753,000 members in the UK Credit: The Gym Group
The Gym Group has opened five clubs in one day to reach 200 sites in the UK
The new clubs are in Oxford, Bury St Edmunds, Barrow-in-Furness, Glasgow and London
In total, the budget chain has opened 19 gyms during 2021
The group now has 753,000 members across its estate, up from 547,000 in February 2021
The Gym Group has opened five clubs in one day to reach 200 sites in the UK.

Opening this week were gyms in Oxford (Headington Retail Park), Bury St Edmunds, Barrow-in-Furness, Glasgow (Forge) and London (Staples Corner).

The openings come just days after the budget chain provided its trading update, which shows that membership numbers have recovered quick during 2021, while the business also has a "robust balance sheet".

Total member numbers grew from 547,000 in February 2021 to 753,000 at the end of October 2021.

The group has also made headway in terms of headline prices, with the average monthly price of a standard 'Do It' membership increasing to £19.23 in November 2021 – up from £18.81 in December 2020.

Take-up of the premium multi-site membership, 'Live It', increased to 27.1 per cent by the end of November 2021 – up from 22.5 per cent in December 2020 – as the continued growth in the number of gyms in the estate adds to the appeal of multi-site access.

The five new clubs this week take the number of new openings during 2021 to 19, of which 15 have opened in the second half of the year.

Richard Darwin, CEO, said the group remains on track to deliver its organic rollout plan targeting 40 new openings in the 18 months to December 2022.

“The recovery in our membership following the reopening demonstrates the essential role gyms play in people’s lives," he said.

"The market opportunity and growth potential for The Gym Group is very exciting.

"While we're mindful of the near-term uncertain outlook as a result of the new COVID variant, we have the growth strategy, financial resources and expertise required to capitalise on those opportunities, widening access to inclusive and affordable gyms for all over the long-term.”
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Jobs    News   Products   Magazine
NEWS
The Gym Group opens five clubs in one day to hit 200 UK sites
POSTED 22 Dec 2021 . BY Tom Walker
The Gym Group now has 200 clubs and 753,000 members in the UK Credit: The Gym Group
The Gym Group has opened five clubs in one day to reach 200 sites in the UK
The new clubs are in Oxford, Bury St Edmunds, Barrow-in-Furness, Glasgow and London
In total, the budget chain has opened 19 gyms during 2021
The group now has 753,000 members across its estate, up from 547,000 in February 2021
The Gym Group has opened five clubs in one day to reach 200 sites in the UK.

Opening this week were gyms in Oxford (Headington Retail Park), Bury St Edmunds, Barrow-in-Furness, Glasgow (Forge) and London (Staples Corner).

The openings come just days after the budget chain provided its trading update, which shows that membership numbers have recovered quick during 2021, while the business also has a "robust balance sheet".

Total member numbers grew from 547,000 in February 2021 to 753,000 at the end of October 2021.

The group has also made headway in terms of headline prices, with the average monthly price of a standard 'Do It' membership increasing to £19.23 in November 2021 – up from £18.81 in December 2020.

Take-up of the premium multi-site membership, 'Live It', increased to 27.1 per cent by the end of November 2021 – up from 22.5 per cent in December 2020 – as the continued growth in the number of gyms in the estate adds to the appeal of multi-site access.

The five new clubs this week take the number of new openings during 2021 to 19, of which 15 have opened in the second half of the year.

Richard Darwin, CEO, said the group remains on track to deliver its organic rollout plan targeting 40 new openings in the 18 months to December 2022.

“The recovery in our membership following the reopening demonstrates the essential role gyms play in people’s lives," he said.

"The market opportunity and growth potential for The Gym Group is very exciting.

"While we're mindful of the near-term uncertain outlook as a result of the new COVID variant, we have the growth strategy, financial resources and expertise required to capitalise on those opportunities, widening access to inclusive and affordable gyms for all over the long-term.”
RELATED STORIES
Rio Ferdinand and The Gym Group launch Find Your Future initiative


An initiative set up by the Rio Ferdinand Foundation in partnership with The Gym Group will see young Londoners being offered career opportunities in fitness and sport.
338 new gyms have opened in the UK since March 2019, in spite of the pandemic


Eight of the top 20 private health club operators in the UK have grown their estates since 2019 – in spite of the pandemic – while three more have retained the same number of locations.
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Providence Equity Partners takes control of VivaGym and its Fitness Hut brand
US private equity fund, Providence Equity Partners, is acquiring a majority stake in VivaGym from Bridges Fund Management, which will exit as a shareholder. Financial terms have not been disclosed.
Bannatyne has bounced back from the pandemic
The Bannatyne Group says it has officially bounced back from the pandemic, with both turnover and profits restored to pre-2020 levels in 2023, according to its year-end results.
Basic-Fit hints Spanish Holmes Place clubs might be sold
There is speculation that Basic Fit will sell the five Spanish Holmes Place clubs it has just acquired from RSG Group in a 47-club deal.
Nuffield Health calls for National Movement Strategy as research shows decline in fitness levels among some consumers
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