UK-wide expansion plans for luxury gym brand backed by investor Matt Haycox
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A new chain of high-end and advanced fitness clubs is about to be launched with the opening of the first site in Manchester.
Backed by entrepreneur and serial investor Matt Haycox, GSquared has been described as “one of the most advanced gyms in the world” merging fitness with a focus on other aspects of health and wellness.
In addition to a state-of-the-art gym, the facility includes infrared saunas, soundproof sleeping cabins, a luxury yoga studio, sauna rooms and also features the BodPod, a body composition device that calculates density. body and fat percentages.
The Manchester site is based in the former 12,000 square foot Branagans unit in the Royal Exchange. It combines opulent interiors with cutting edge innovation and membership will be limited to just 800 people.
Entrepreneur and real estate investor Matt Hancox backed GSquared with a six-figure investment.
Matt is a well-known Yorkshire entrepreneur. He built a multi-million pound strip club including the Wildcats, one of Britain’s most successful dance club chains before losing it all in the 2008 financial crash.
He has since spent over a decade helping others with his advice and investing in new businesses and now plans to expand the luxury gym brand across the UK with five additional clubs over the next 18 years. months in Leeds, Newcastle, Liverpool, Edinburgh and Glasgow.
The company plans to invest £ 5million in its sites over the next three years.
Matt Haycox said: “Despite the ups and downs of my career, I have always tried to follow my instincts for future trends and identify currently underserved markets.
“Twenty years ago there was a culture and demand for strip joints that my company at the time was filling.
“Today, after Covid and in a new era where mental and physical well-being is at the top of our agendas, I think there is a huge demand in the UK for what GSquared provides, from where my investment in this fast growing business. “
GSquared CEO Andy McGlynn said, “I’ve been working in fitness for 20 years and it’s no exaggeration to say that this opening is the culmination of my life’s work.
“GSquared will transform the gym experience for people who seek luxury, want truly personalized service and don’t mind paying a little extra. “