Xercise4Less and Pure Gym fly high on Fast Track 100 list
Leisure Opportunities
Job search
Job Search
see all jobs
Latest job opportunities
Impulse Leisure
£22,920 - £26,539pa (relocation package considered)
Blackshots Leisure Centre, Thurrock, Essex
Sefton Council
Grade F (£22,183 - £25,481)
Sefton, Liverpool, UK
Horsham District Council
£23,541 - £25,991
Horsham
Everyone Active
Competitive
South Oxhey Leisure Centre, Watford
Coach Gyms
£15k basic + commission + Bonus
Leeds / Harrogate, UK

Xercise4Less and Pure Gym fly high on Fast Track 100 list

Job opportunities
LeisureForce
IRO UK£ 2,600 per month tax free
location: East Coast of Saudi Arabia
more jobs

Any suspicions that the boutique studio boom is stealing the thunder of fast-growing budget gyms has been dispelled by the latest Sunday Times Virgin Fast Track 100 list, which names Pure Gym and Xercise4Less among the 20 fastest growing private firms in the UK.

Having dominated last year’s list alongside The Gym Group, both Pure Gym and Xercise4Less made improvements on their rankings in the list of the 100 UK private companies with the fastest-growing sales over their latest three years. Pure Gym climbed 9 places to rank 9th, while Xercise4Less edged up four places to 17th. The Gym Group is no longer eligible, having gone public at the beginning of last month.

The league table – due to be published in The Sunday Times on 6 December, but seen in advance by Health Club Management – shows that Pure Gym sales for 2014 reached £68.6m, reflecting annual sales growth over the last three years of 121 per cent. 2015 has also been a busy year for the UK’s largest gym chain, with new CEO Humphrey Cobbold taking the reins, followed by the high profile acquisition of LA fitness. Pure Gym is currently working to convert these new sites, with the project expected to be completed by May 2016.

Meanwhile Xercise4Less, which plans to hit 100 sites in 2017, had annual sales of £21.8m to July 2015, with three-year annual sales growth of 99 per cent.

“Our organic business model is tried and tested to ensure we can adapt and flex to stay ahead of the game," Xercise4Less CEO Jon Wright told Health Club Management.

"We’re a very ambitious brand and our rapid expansion has outperformed our biggest competitors. We are in a healthy position ahead of 2016 and very much looking forward to an even bigger roll out in the New Year.”

The strong showing from low cost gyms comes just weeks after fitness industry analyst Gareth Jones suggested the private fitness sector could now be worth ‘north of £15bn’, with budget chains cited as a huge driver of growth.

Pure and Xercise4Less certainly stacked up well against the wider market. This year’s Fast Track 100 companies achieved, on average, sales growth of 65 per cent a year over three years, from a total of £816m in 2011/12 to £3.7bn in 2014/15. They more than tripled their combined workforce to 19,500 people over three years, having added 13,500 jobs over the period, some as a result of acquisitions.

“This year’s Fast Track 100 is packed full of entrepreneurs and family businesses tackling many different challenges head-on and thriving thanks to their team spirit and togetherness,” said Virgin founder Sir Richard Branson.

“Entrepreneurship and family values are at the heart of everything we do at Virgin. Like many on the Fast Track 100, we’ve turned a family business into a business family. Working with family works."

Sign up for FREE ezines & magazines
Any suspicions that the boutique studio boom is stealing the thunder of fast-growing budget gyms has been dispelled by the latest Sunday Times Virgin Fast Track 100 list, which names Pure Gym and Xercise4Less among the 20 fastest growing private firms in the UK.
HAF,FIT,IND,INV,PHR
732172_731048.jpg

More News

1 - 15 of 43,437
17 Sep 2021
Temporary measures brought in to support businesses in the UK from insolvency during the pandemic will be phased out from 1 October, the government has ... More
17 Sep 2021
Nadine Dorries has replaced Oliver Dowden as the Secretary of State for Digital, Media, Culture and Sport in the UK – becoming the 10th person ... More
16 Sep 2021
In a major move against the gym market, Apple has revealed a number of upgrades to its Fitness+ platform, coinciding with the launch of its ... More
16 Sep 2021
Patients treated for stress in the Belgian capital Brussels will be offered free visits to museums, as part of a three-month trial designed to rebuild ... More
15 Sep 2021
Physical activity professionals in England will soon be able to access free, one-to-one learning with Google to get their digital marketing strategies in line with ... More
14 Sep 2021
Fitness equipment giant Nautilus has acquired VAY, a firm specialising in AI and motion technology. Based in Switzerland, VAY’s proprietary technology enables computers to understand ... More
FIBO Exhibition
FIBO Exhibition
14 Sep 2021
An award celebrating outstanding individuals in the fitness sector is to be named in honour of Jan Spaticchia, who passed away suddenly earlier this year. ... More
09 Sep 2021
David Lloyd Leisure (DLL) has reorganised its top team in order to expand its estate through acquisition, after seeing a "remarkable" bounceback in membership levels ... More
09 Sep 2021
Downtown Miami’s upcoming mixed-use development Legacy Hotel & Residences has signed a joint venture deal called Blue Legacy Ventures (JV) with faith-based nonprofit integrated health ... More
08 Sep 2021
Colin Waggett has revealed that the recent deal, which saw KSL Capital Partners acquire a majority interest in luxury health club operator Third Space, had ... More
08 Sep 2021
3d Leisure has acquired franchised studio operator Yourzone45 from Elms Fitness Group for an undisclosed sum. Elms Fitness is led by industry veterans Andy Kay, ... More
08 Sep 2021
Educational organisation The Power of Touch (TPOT) will host a virtual conference this October designed to educate and empower health and wellness professionals treating clients ... More
Les Mills
Les Mills
07 Sep 2021
A new, one-day conference will create a platform for a debate on how the global health and fitness industry can help tackle climate change. Organised ... More
03 Sep 2021
The Gym Group says it intends to exploit "the most favourable property market in its history" and "weakened competition in the sector" to ramp up ... More
02 Sep 2021
New data from the ukactive Research Institute shows that for every 100,000 visits to UK health clubs and leisure centres between April and August 2021, ... More
1 - 15 of 43,437
Technogym
Technogym