Franchise FAQ

is puregym a franchise

by Marjolaine Robel II Published 2 years ago Updated 1 year ago
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Who is PureGym?

Founded in 2008, the PureGym Group is one of the largest gym and fitness operators in Europe and provides high quality, low cost, flexible physical fitness facilities.

What is the best gym franchise to buy?

9 of the best gym franchises to buy. 1 1. Anytime Fitness. 2 2. Orangetheory Fitness. 3 3. Planet Fitness. 4 4. Crunch Fitness. 5 5. Pure Barre. More items

How many PureGym gyms in Switzerland?

The Group successfully completed a rebrand of its Swiss operations to PureGym in 2021. As at 30 June 2022, PureGym operated 39 gyms in Switzerland (30 June 2021: 40) with 75,000 members (30 June 2021: 70,000) and is the second largest gym operator and the leading high value, low cost operator in the country.

What is the outlook for Gym franchises in 2019?

Plus, the outlook for gym franchises is bright: According to a report by IBISWorld, the health and wellness boom over the past few years has led to a sizable increase in gym membership levels, which continues to grow. And in 2019, gym franchises specifically contributed $4 billion to the $34 billion gym, health, and fitness industry.

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Who owns PureGym UK?

Leonard Green & PartnersAs of October 2022, PureGym had 327 gyms in the UK, with more than 1.5 million members, making it the largest operator of gyms across the United Kingdom....PureGym.PureGym logo launched in 2015TypePrivate companyArea servedUnited Kingdom, Switzerland, USA, Denmark, KSA, UAEOwnerLeonard Green & Partners6 more rows

Is PureGym a private company?

PureGym is the UK's largest private gym operator, both by number of gyms and members. As of 30 June 2022 the company operated 310 gyms (30 June 2021: 286).

How much does it cost to open a PureGym?

How much you need to invest: As you'll be fitting out a dedicated facility, you'll need to be prepared to invest a significant amount. The investment costs of our current gym opportunities range from £38,400 to £450,000.

Is PureGym a business?

PureGym has a powerful and highly disruptive customer proposition, which is differentiated from traditional gym operators and appeals to a broad range of consumers. Our strategy is to occupy market leading positions in the value segment, whilst delivering profitable growth for our stakeholders.

How is PureGym funded?

Pure Gym has raised a total of £306M in funding over 2 rounds. Their latest funding was raised on Dec 15, 2021 from a Private Equity round. Pure Gym is funded by 2 investors. Kohlberg Kravis Roberts and Magenta Partners are the most recent investors.

Why is PureGym so successful?

The three big reasons for PureGym's success according to Peter are price (£15-£20 a month), lack of contract (so you can cancel at any time and won't lose out) and the fact most branches are open 24/7 – a trio of factors that has allowed PureGym to stand out as an agile consumer champion in a lumbering contract-led ...

Are gym franchises profitable?

Yes, fitness franchises offer great profits but not as much as you might think. According to Investopedia, most franchise owners take home around $50,000 per year, but about 7% of franchise owners earn more than $250,000 per year.

What is the best UK gym?

The UK's Best Gym FranchisesDW Sports Fitness.Total Fitness.Esporta Health Clubs.Énergie Fitness Clubs.Greens Health and Fitness.

What is a franchise gym?

Just like most franchises, a gym franchise has an established system for the franchisee to follow. The brand is already built and market-ready, making it easier for the franchisee to get started compared to starting a fitness business from scratch.

Who runs PureGym?

Leonard Green & PartnersPureGym / OwnerLeonard Green & Partners is an American private equity investment firm founded in 1989 and based in Los Angeles. The firm specializes in private equity investments. LGP has invested in over 95 companies since its inception, including Petco and The Container Store. Wikipedia

What is the biggest PureGym in London?

PureGym Hammersmith Palais will give members access to a vibrant and spacious gym 24 hours a day, seven days a week. It will be filled with over 220 pieces of the latest gym equipment to cover everyone's fitness requirements, as well as over 80 free classes per week plus additional specialist classes such as Zumba.

Can a 15 year old go to PureGym?

You need to be at least 16 to sign up for a PureGym membership.

Who is the owner of The Gym Group?

John TreharneJohn Treharne John founded The Gym Group in 2007 and has over 20 years' experience in the health and fitness industry.

Who is the CEO of PureGym?

Humphrey Cobbold (Jan 2015–)PureGym / CEOHumphrey Michael Cobbold is the current Chief Executive Officer of Pure Gym - the UK’s largest Gym operator. He joined the business in 2015 when there were 84 gyms, growing the business to over 200 facilities in 2018. Wikipedia

What is the most popular gym in the UK?

The Best Gyms Across the UKPureGym.David Lloyd.The Great Outdoor Gym Company.Hussle.Gyms in London.

Who are pure gyms competitors?

puregym.com's top 5 competitors in August 2022 are: thegymgroup.com, fitnessfirst.co.uk, anytimefitness.co.uk, davidlloyd.co.uk, and more.

Does Pure Gym franchise?

Pure Gym is still in the process of trialling its franchise model, but it plans to open it up to investors in the future. Representatives have revealed the company would like to expand internationally and will be on the lookout for master franchisees who are prepared to open several Pure Gym franchise locations.

What do franchisees get for their investment?

What you get for your investment: Most franchises offer high-quality training programmes and ongoing support to make sure its franchisees have all the skills and knowledge needed to launch a profitable business. You may also get help with site refurbishment and marketing campaigns.

How many days a year does Pure Gym open?

Today, Pure Gym champions affordable membership fees and contract flexibility. It also keeps its branches open 24 hours a day, seven days a week, 265 days a year.

How many gyms are there in the UK?

Here in the UK, there’s huge demand for gym businesses. The industry comprises over 7,000 fitness facilities, which welcome almost 10 million people through their doors on a regular basis ( 2019 State of the UK Fitness Industry Report ). However, 62 percent of British adults are overweight or obese, so there’s still great potential for business owners who’d like to help people achieve their fitness goals in the future.

Is Pure Gym a UK company?

Pure Gym is one of the most famous fitness companies in the UK. Launching a business under its recognisable branding could be incredibly lucrative, but are there any Pure Gym franchise opportunities for budding entrepreneurs?

Who is the founder of Pure Gym?

The idea behind the Pure Gym brand was born in 2008, when entrepreneur Peter Roberts launched the business. The following year, its first locations welcomed customers in Leeds, Manchester and Edinburgh. By 2011, the gym brand had expanded into the capital and was starting to make a name for itself.

THE PUREGYM DIFFERENCE

As the UK's favourite gym we are here to help more people in more places to lead healthier lives every day.

we welcome everybody

This is not just a strapline. We welcome everybody, regardless of size, ability, age, ethnicity, religion, gender, sex, or sexual orientation. Our gyms are friendly, supportive, and judgement-free spaces where everybody can come in, work out and leave feeling good.

Quality, Affordable Gyms, Everywhere

We're committed to bringing high quality, affordable gyms to everyone, everywhere. We do this by keeping our prices, low, making it as easy to leave as it is to join, opening our gyms night and day and providing our members with the support and inspiration they need where and when they need it.

We're more than just a gym

For many, PureGym is a community. For some it's an escape. For others it's a place to smash a PB or become a better version of themselves. Everyone is on their own journey and we believe a welcoming smile and a bit of support can make someone's day!

Franchises

Pure Fitness is the US subsidiary of the PureGym Group – a market leader in the High Value, Low Price sector. PureGym was established in 2008 and is a pioneer of affordable fitness, and a leading operator in the UK.

Key Areas Of Sustainable Competitive Advantage

As Franchisor, Pure Fitness has a full eco-system to set you up for success including a Technology Smart Suite, with localized:

Next Steps

Pure Fitness has unrivalled expertise in opening and operating value gyms, and benefits from significant scale.

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