The fast-growing chain of low cost gyms saw profits rise 41% to £6.5m during the first half of the year.
The Gym Group, founded by former England squash player turned entrepreneur John Treharne, has seen profits and revenues rise as it cashes in on Britain's fitness boom.
The Croydon-headquartered chain recorded pre-tax profits of £6.5m for the first half of the year (H1 2016: £4.6m) and revenue of £42.8m (H1 2016: £36.1m).
Its success follows the opening of six new gyms in the first half of the year, taking its total number to 97. It now hopes to smash the 100 milestone by the end of the year.
Treharne said: “We have delivered another period of strong growth in membership, revenue and profit.
“We have continued to expand our footprint across the UK, opening six new gyms in the period, two in H2 to date, with several more currently in fit out.
“Our strategy remains the same: to take advantage of the demand for high quality, low cost, 24/7 gyms whilst continuing to innovate through the use of technology and digital marketing.
“As usual, our openings programme is second half weighted and we anticipate achieving the top end of our guidance range of 15 to 20 site openings in 2017.”
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