24 Hour Fitness Preparing To File For Bankruptcy

[MonkeyBoy]

I've been to 4 public gyms, including LA Fitness and Gold's Gym locations in major urban centers at highly trafficked intersections, in the past 2 weeks. Nobody has been turned away due to capacity. It's really a non-issue given how many people have cancelled / frozen memberships and the large number of people still avoiding public spaces.

I was curious how traffic would be once gyms open. I have a feeling a lot of people are still going to stay away or just make home gyms now.

In Wa - gyms are still not open, we just started I think one on one training only.

I hate to see any gym go out of business but 24 had this coming. I signed up when it was hearts back on 1995 or something and kept a monthly price of $18 until I finally cancelled in 2017. I couldn't take it anymore, every time I would go in, the place was a mess. So many broken things, dirty and god forbid you ask the front desk people something, 5 of them standing around talking and than look at you like WHAT? I switched over to Golds which was $70 a month and worth it, they clean that place like 3x with in an hour, front desk people are super nice and the gym equipment if it breaks, its fixed with in a day. They just changed it to 425 Fitness and I miss that gym, can't wait for them to open up.

24 hour and LA fit - Its on thing to get new members but its another to keep them. They are all about membership but I don't see them putting money back into the clubs at all.