Cash machine. Subscription model. Reinvesting into new sites. Only major competition is Puregym.
Interesting suggestion, a lot of people I know go to The Gym, although I personally go to Pure Gym.
If there was a recession, or Brexit caused adverse effects, my worry would be that consumers would cut back on spending and subscriptions, like a gym membership could be one of the first things to go.
But undoubtedly gyms are very popular, and in this day and age many people are in to fitness.
There are other commercial chains of gyms. What makes you think The Gym stands out
Good stock to add! Please do it when possible
We’ve just add The Gym Group to the app
Feel free to create a new #investing-and-markets topic & share your thoughts about The Gym Group’s future with the community
Looks like a good set of results.
I like the gym group, but in today’s news their average membership through the year seems to be very close to their membership at year end, suggesting growth has slowed recently, maybe it’s to do with time taken for new openings to reach maturity. I like they’ve increased average revenue per member and their approach to personal trainers.
Agreed, I’ve been long since April 2019. Strongly considering taking my profits or reducing my position. It seems the market is being somewhat saturated with new competitors. That being said I believe the gym sector is like the supermarket sector, the cheap providers will dominate along with the premium providers.