Gymbox secures £10m in funding to expand beyond London to cities across the UK | Leisure Opportunities
Leaderboard
Leisure Opportunities

Leisure Opportunities

Job Search
see all jobs
Latest job opportunities
National Trust
£30,507 pa
Shrewsbury, United Kingdom
Legacy Leisure
up to £7.50 per hour
Hungerford, United Kingdom
Inspiring healthy lifestyles
£25,390 - £30,119 per annum
Selby, United Kingdom
Simply Gym
£24,000 - £28,000 pa dependant upon experience
Bedford, United Kingdom
Xercise4Less
Self-employed
Nationwide, United Kingdom

Gymbox secures £10m in funding to expand beyond London to cities across the UK

Job opportunities
YMCA Fylde Coast
£8.65 per hour or £16,867 pa
location: Fylde/Wyre District, United Kingdom
training
The Gym Academy
location: Nationwide, United Kingdom
City University of London
£22,214 - £24,285 per annum
location: London, United Kingdom
more jobs

Gym chain Gymbox has gained investment capital of £10m from the Business Growth Fund (BGF), with Clearwater International securing the deal, as well as an additional £7m in fresh loans.

Gymbox currently has five clubs across London and will use BGF’s capital to continue its site roll-out in London with three additional sites already secured. Beyond these, the company now has the funding in place to open several further gyms in London, and beyond that in other UK cities.

Founded in 2001 by Richard Hilton, Gymbox opened its first gym in Holborn in September 2003 and today has clubs in Farringdon, Covent Garden, Bank and Westfield. The company is expected to turnover £10m this year and currently has 13,400 members on its books.

Gymbox represents BGF’s second investment in the UK fitness market having backed Yorkshire-based low-cost gym group Xercise4Less in August 2013, which now has 23 gyms nationwide.

“The Gymbox brand has gone from strength to strength in recent years based on our contemporary club designs, exciting and original classes and our ability to offer customers new and unique ways of keeping fit,” said Gymbox managing director, Richard Hilton.

“We look forward to opening new sites this year and next and introducing the Gymbox concept to a wider in audience in London and other UK cities.”

Sign up for FREE ezines & magazines
Gym chain Gymbox has gained investment capital of £10m from the Business Growth Fund (BGF), with Clearwater International securing the deal, as well as an additional £7m in fresh loans.
HAF
Gymbox is set to expand across the UK after securing a £10m investment with an additional £7m in fresh loans / Gymbox