Login

24 Hour Fitness Files for Bankruptcy, Plans to Permanently Close More Than 130 Gyms

National Gym Chain Joins Other Retailers in Citing 'Devastating' Impact of Coronavirus Pandemic
San Ramon, California-based 24 Hour Fitness said it plans to permanently close more than 130 of its gyms as it struggles to keep up with debt payments as a result of the coronavirus pandemic. (CoStar)
San Ramon, California-based 24 Hour Fitness said it plans to permanently close more than 130 of its gyms as it struggles to keep up with debt payments as a result of the coronavirus pandemic. (CoStar)
CoStar News
June 16, 2020 | 12:27 AM

National gym operator 24 Hour Fitness plans to close about 135 of its locations, becoming the latest retailer to file for bankruptcy protection after months of a forced shutdown dealt the company what the CEO called a "devastating" blow.

This news story is available exclusively to CoStar subscribers.

Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success.

This news story is available exclusively to CoStar subscribers.

Ready to Learn More?

Sign Up For a Personalized Demo.

Sign Up For a Demo To Learn More.

Already A Subscriber? Sign In

IN THIS ARTICLE