Fast Track 100

Former England squash player John Treharne, 59, founded this gym chain in 2008. The Guildford business offers low-cost membership without contracts, a model that has proved popular, with sales climbing to £22.6m in 2012. The Gym now has 38 health clubs nationwide, with a further 26 in the pipeline. The company was started with funding from Bridges Ventures, which invested £17.5m for an 85% stake. It sold this stake to new owner Phoenix Equity Partners in June this year, in a deal that valued the company at £90m.

This profile reflects the company at time of publication and does not reflect any changes that may have subsequently occurred. Fast Track and its sponsors do not endorse, guarantee or recommend investment in any of the companies.

Company details
Year2013
Rank25
CompanyThe Gym
ActivityGym operator
LocationCentral London
Annual sales rise over 3 years104.32%
Latest sales £000s22,632
Staff72
Founded2007
Websitewww.thegymgroup.com

If applicable:

* supplied by company † annualised figure