Job search
Job Search
Latest news
More news: (showing 1 - 20 of 13743)           
UK only International

Surging membership numbers boost Pure Gym figures

By Deven Pamben    30 Mar 2017
Humphrey Cobbold expects "2017 to be another year of healthy progression for all the key performance indicators"

Increased membership numbers helped Pure Gym record strong financial results in 2016, with further rises expected as the operator plans to open up to 25 new sites this year.

Last year, membership numbers grew by 23 per cent to 822,000, from 670,000 in 2015. A third of the 152,000 increase were people who had no previous gym membership. This growth has continued into 2017, with the operator having more than 930,000 members.

Revenues rose by 28 per cent to £159.9m ($198.5, €184.9m) last year, from £125.2m (US$155.4m, €144.8m) in 2015. The group's earnings before interest, tax, depreciation and amortisation (EBITDA) increased to £39.5m (US$49m, €45.7m) in 2016, from £28m (US$34.8m, €32.4m) the year previous, representing a 41 per cent growth.

However, the organisation declined to disclose its profit figures.

In 2016, 38 new or converted gyms opened, including 18 LA Fitness conversions, taking the year-end total to 170 Pure Gyms.

The company said its sites are increasingly popular in retail parks and shopping centres, with both owners and retail outlets benefitting from increased footfall as gym users come and go during the week.

Commenting on the results, Humphrey Cobbold, chief executive, said: “Thanks to the hard work of our exceptional colleagues across the country, Pure Gym consolidated its leadership position in 2016 and we now have an enviable spread of sites across the UK, including 40 in the London area. Almost a million people currently enjoy our affordable and flexible offer, and we’ve introduced a variety of different membership options to suit a wide range of personal circumstances.

“No operator in the history of the gym and fitness sector in the UK has ever achieved this scale of membership and we are passionately pursuing our vision of making great fitness opportunities and facilities available for everybody in the country. For 2017, expansion remains our priority with four new gyms open already and plans for 20 to 25 openings this year in total.”

The operator has invested in technology to improve its member experience and run more efficiently. It has also run national television advertising campaigns featuring brand ambassador Sir Chris Hoy – the six-time Olympic Champion – which has helped boost membership numbers.

On the outlook for 2017, Cobbold said: “Pure Gym’s impressive expansion continues and the scope for further growth is considerable. Half of our sites are under two years old and so they offer significant further growth potential. We therefore expect 2017 to be another year of healthy progression for all the key performance indicators – volume, yield, revenue, profits and cashflow.

“The structural trends underpinning our growth are intensifying: technology continues to disrupt established sectors and in the gym market consumers are increasingly health aware but want the ability to be active when it suits them at an affordable price.”

Pure gym  Financials 
Sign up for FREE ezines
Related news
Sports jobs

Leisure Centre Duty Manager

Uppingham School
Salary: £24,687.57pa + pension + health care + benefits
Location: Uppingham, Oakham, UK

Leisure Supervisor (Development)

City University of London
Salary: £32,982 - £37,099pa + excellent pension and benefits
Location: London, UK

Recreation Assistant (Dry Site)

Everyone Active
Salary: Competitive
Location: Market Rasen

Party Leader

Everyone Active
Salary: Competitive
Location: Gainsborough

Cleaning Assistant

Everyone Active
Salary: Competitive pay rates
Location: Gainsborough

Duty Manager

Everyone Active
Salary: Competitive
Location: Gainsborough

Duty Manager

The Pickaquoy Centre
Salary: £30,000pa + local Govt pension + attractive benefits package
Location: Kirkwall, UK

Team Leader (Harrow School Fitness Club)

Harrow School
Salary: £13.71 per hour
Location: Harrow on the Hill, Harrow, UK

Centre Manager (Leisure)

Exeter City Council
Salary: £40,221 - £42,403pa + pension + benefits
Location: Exeter, UK
recruiting with sports management

Director of Operations

Active Luton
Salary: £61,000 - £64,000 + exceptional pension + excellent benefits
Location: Luton, UK

Fitness Motivator

Everyone Active
Salary: Competitive
Location: Lutterworth

Recreation Assistant/Lifeguard (NPLQ required)

Everyone Active
Salary: 9.50 ph
Location: Lutterworth

Membership Manager

University of Warwick
Salary: £29,605 - £32,982pa + pension + benefits
Location: Coventry, UK

Recreation Assistant

Everyone Active
Salary: Competitive salary
Location: Wigston

Swim Teacher

Everyone Active
Salary: Competitive
Location: Shipston-on-Stour

Swim Teacher

Everyone Active
Salary: Competitive
Location: Shipston-on-Stour
recruiting with sports management

Chief Executive Officer, Mount Batten Centre

Mount Batten Group
Salary: c£65,000pa + pension + benefits
Location: Plymouth, UK

Swimming Teacher

Everyone Active
Salary: Competitive rates of pay
Location: Rickmansworth, UK

Swimming Teacher

Everyone Active
Salary: Competitive rates of pay
Location: Watford, UK
Swimming Teacher jobs  duty manager jobs  Team Leader jobs  Swim Manager jobs  general manager jobs  recreation assistant jobs 
More jobs

Company profile

Company profile: InBody UK
InBody provides products that are accurate, medically rated holding a CE mark and certified to ISO standards for the medical and health and fitness industry.
View full profile >
More company profiles

Featured Supplier

Webinar: Building a new energy future for the leisure sector
As one of the most energy-intensive industries in the UK, leisure facilities face a critical challenge in balancing net zero goals, funding and increased costs.
View full details >
More featured suppliers

Property & Tenders

Location: Loughton, IG10
Company: Knight Frank
Location: Grantham, Leicestershire
Company: Belvoir Castle
Location: Verwood, Dorset
Company: AVISON YOUNG
Location: Hall Place House, Bexley, DA5 1PQ
Company: London Borough of Bexley
Location: 15 Concessions across the nation's forests
Company: Forestry England
More properties & tenders

Diary dates

10-12 May 2024
China Import & Export Fair Complex, Guangzhou, China
23-24 May 2024
Large Hall of the Chamber of Commerce (Erbprinzenpalais), Wiesbaden, Germany
30 May - 02 Jun 2024
Rimini Exhibition Center, Rimini, Italy
08-08 Jun 2024
Worldwide, Various
More diary dates