Partner Article

Xercise4Less Push Ahead With 7 New Sites

Award winning budget gym chain, Xercise4Less, is to launch seven new clubs by the end of April 2015 - which is on target of 100 sites by the end of 2016.

The 21st fastest growing private company in Britain, kick-started the rollout on 30 January, when the low cost gym chain opened its new 35,000sq ft (3,252sq m) Brierley Hill site in the West Midlands which will feature 400 pieces of equipment, a boxing ring, a ladies only gym, free weights zone and combat and cardio area.

Six more sites are now in progress across the country due to open before the end of April, with Glasgow Saucie Hall, Edinburgh West, Stoke, Gateshead, Milton Keynes and North Shields all to open. Memberships start at £9.99.

Xercise4Less recently attracted a further £5m equity investment from the Business Growth Fund (BGF), in addition to an increased debt facility of £20m with Lloyds Bank Commercial Banking and a further £6m in asset finance and leasing facilities.

“At Xercise4Less we understand the needs of our members, so we’re here to ensure people of all ages and fitness levels can benefit from our great facilities, with cost not being a barrier,” said Xercise4Less CEO Jon Wright, who founded the chain in 2006.

“We’re delighted with our further expansion across the UK and will continue to deliver the highest quality at the best price to suit our members”.

This was posted in Bdaily's Members' News section by Gabriella Smith .