Wright Leisure Limited

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Wright Leisure Limited - overview

Established

2009

Location

Leeds, England, UK

Primary Industry

Travel & Leisure

About

Wright Leisure Limited operates a chain of fitness facilities under the brand Xercise4Less, providing affordable gym memberships and a variety of fitness services to cater to diverse clientele. Founded in 2009 in Leeds, UK, Wright Leisure Limited operates Xercise4Less, a fitness service provider offering access to a network of gyms. The company has completed 5 deals, with its most recent deal occurring on May 22, 2018, when it raised GBP 7. 60 mn in a GROWTH funding round led by BGF Investment Management.


The total amount raised by the company now stands at GBP 7. 60 mn. Wright Leisure Limited primarily offers fitness services through its Xercise4Less gyms, providing memberships that grant access to modern fitness facilities, exercise equipment, free weights, and group fitness classes. The gyms aim to cater to a wide range of customers, from fitness enthusiasts to beginners, ensuring personalized training options and a variety of classes designed to improve overall fitness and well-being.


With locations across the UK, including major urban centers such as Birmingham, Manchester, and London, the company focuses on operational efficiency and customer satisfaction. In 2023, Wright Leisure Limited reported revenue amounting to GBP 0. The company's EBITDA for the most recent year is also GBP 0, indicating a current period of transition or investment focus. Wright Leisure Limited plans to leverage its recent GROWTH funding of GBP 7.


60 mn to expand its network of gyms and develop new fitness programs aimed at enhancing customer experience. The company is targeting specific geographic regions for expansion, although detailed locations and timelines have not been disclosed. The funding will support the design and launch of innovative products, aligning with the company's strategy to improve its service offering and reach a broader market.


Current Investors

BGF Investment Management

Primary Industry

Travel & Leisure

Sub Industries

Fitness & Wellness Facilities

Website

www.xercise4less.co.uk

Company Stage

Mature - Growth Capital

Total Amount Raised

Subscriber access only

Wright Leisure Limited - timeline of key events

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Wright Leisure Limited - financials

Fiscal Year EndedAug 27, 2013Dec 31, 2014Jun 30, 2015Jun 30, 2016Jun 30, 2017Jun 30, 2018Jun 30, 2019Jun 30, 2020Jan 31, 2021Jan 31, 2022Jan 31, 2023Jan 31, 2024
Revenue (USD)7,500,00013,000,00021,900,000-----8,106,000---
% Revenue Growth (YoY)------------
EBITDA (USD)-3,400,000------(368,000)---
Operating Income (USD)--------(3,214,000)---
Operating Margin--------(39.6%)---
% EBITDA Margin-26.2%------(4.5%)---
NET Income (USD)--------(3,329,000)---
% Net Margin--------(41.1%)---

Wright Leisure Limited - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Private DebtCompletedWright Leisure Limited-
GrowthCompletedWright Leisure Limited-
GrowthCompletedWright Leisure Limited-
GrowthCompletedWright Leisure Limited-
GrowthCompletedWright Leisure Limited-

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Wright Leisure Limited - employee data

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