The Third Space

The Third Space

Luxury health clubs in central London offering personalized fitness spaces, expert support, and inspiring classes. Learn more

Financials

Estimates*

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Revenues, earnings & profits over time
GBP2016201720182019202020212022
Revenues27.1m32.4m36.8m45.5m17.8m25.0m51.4m
% growth6 %19 %14 %24 %(61 %)40 %106 %
EBITDA4.6m6.8m7.4m8.5m(5.3m)(<1m)6.5m
% EBITDA margin17 %21 %20 %19 %(30 %)(1 %)13 %
Profit<1m3.4m1.7m2.2m(11.8m)(6.0m)(<1m)
% profit margin1 %11 %5 %5 %(67 %)(24 %)(2 %)
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DateInvestorsAmountRound

N/A

Acquisition
*

£88.5m

Growth Equity non VC
Total Funding-

Recent News about The Third Space

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Third Space operates a chain of luxury health clubs in central London, catering to individuals seeking high-end fitness experiences. The company provides state-of-the-art workout facilities, personalized fitness spaces, and a wide range of classes led by top-tier instructors. Third Space targets affluent clients who prioritize health and wellness, offering them a premium environment to achieve their fitness goals. The business operates on a membership model, generating revenue through monthly or annual fees. Additionally, Third Space offers exclusive joining offers and promotions to attract new members. The market it operates in is the luxury fitness sector, which has seen significant growth as more people invest in their health and well-being. The company differentiates itself by providing not just a gym, but a comprehensive health club experience that includes fitness, mind, and nutrition support for home, gym, and beyond.

Keywords: luxury health clubs, central London, personalized fitness, expert support, inspiring classes, high-end fitness, affluent clients, membership model, wellness, premium environment.

Tech stack

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