Wednesday, January 27, 2021
  • Home
  • Deals
  • Advertising
  • Contact Us
Bodybuilding, Fitness, CrossFit, Strongman and Powerlifting
  • Mr. OlympiaHOT
  • Workouts
    • All
    • Arms
    • Back
    • Cardio
    • Chest
    • Core
    • Legs
    • Workout Plans
    Lower Body Strength Routines

    7 Powerful Lower Body Strength Routines

    How to Avoid Hip Pain

    13 Ways to Avoid Hip Pain in The Gym

    Calisthenics Training

    Calisthenics Training: A Beginner’s Guide

  • Nutrition
    • All
    • Essential Nutrients
    • Nutrition Tips
    Ronnie Coleman

    What Did Ronnie Coleman Eat in His Prime?

    Healthiest Ways To Eat Eggs

    Eggcellent Nutrition Tips: Healthiest Ways To Eat Eggs

    Break Through Keto Plateau

    How To Break Through Keto Plateau and Achieve New Fat Loss

  • Training
  • Exercises
    • All
    • Arms
    • Back
    • Chest
    • Core
    • Legs and Glutes
    • Shoulders
    Bent-Over Two-Arm Dumbbell Row Guide and Videos

    Bent-Over Two-Arm Dumbbell Row Guide and Videos

    Kroc Rows Vs Pendlay Rows

    Kroc Rows Vs. Pendlay Rows – Which One Is Best?

    Dumbbell Lying Pronation

    Dumbbell Lying Pronation Exercise Guide and Videos

    Side Delt Exercises

    Best Side Delt Exercises for Broader, More Powerful Shoulders

    Dumbbell Lying Rear Lateral Raise

    Dumbbell Lying Rear Lateral Raise Exercise Guide and Videos

    Long Head Triceps Exercises

    The Best Long Head Triceps Exercises for Thicker, Stronger Arms

    Dumbbell Lying Triceps Extension

    How To Do The Dumbbell Lying Triceps Extension

    Box Jump Exercise Guide

    Box Jump Exercise Guide – Muscles Worked, How-to, Tips, and Variations

    Dumbbell Iron Cross Exercise

    Dumbbell Iron Cross Exercise Guide and Videos

  • Food FactsTrending
  • News
    • Deals
    • Videos
    • Bodybuilding
    • CrossFit
    • Powerlifting
    • Strongman
    • MMA
  • Reviews
    • All
    • Lifting Gear & Accessories
    • Supplements
    Best Treadmills For Walking

    12 Best Treadmills For Walking Reviewed For 2021

    9 Strongest Pre-Workout Supplements

    11 Strongest Pre Workout Supplements in 2021

    Pre Workouts Without Creatine

    12 Best Pre-Workouts Without Creatine For 2021

    Trending Tags

    • Ample
    • pre-workout
    • Meal Replacement
    • Pre-Kaged
No Result
View All Result
Fitness Volt: Bodybuilding, Fitness, CrossFit, Strongman and Powerlifting
  • Mr. OlympiaHOT
  • Workouts
    • All
    • Arms
    • Back
    • Cardio
    • Chest
    • Core
    • Legs
    • Workout Plans
    Lower Body Strength Routines

    7 Powerful Lower Body Strength Routines

    How to Avoid Hip Pain

    13 Ways to Avoid Hip Pain in The Gym

    Calisthenics Training

    Calisthenics Training: A Beginner’s Guide

  • Nutrition
    • All
    • Essential Nutrients
    • Nutrition Tips
    Ronnie Coleman

    What Did Ronnie Coleman Eat in His Prime?

    Healthiest Ways To Eat Eggs

    Eggcellent Nutrition Tips: Healthiest Ways To Eat Eggs

    Break Through Keto Plateau

    How To Break Through Keto Plateau and Achieve New Fat Loss

  • Training
  • Exercises
    • All
    • Arms
    • Back
    • Chest
    • Core
    • Legs and Glutes
    • Shoulders
    Bent-Over Two-Arm Dumbbell Row Guide and Videos

    Bent-Over Two-Arm Dumbbell Row Guide and Videos

    Kroc Rows Vs Pendlay Rows

    Kroc Rows Vs. Pendlay Rows – Which One Is Best?

    Dumbbell Lying Pronation

    Dumbbell Lying Pronation Exercise Guide and Videos

    Side Delt Exercises

    Best Side Delt Exercises for Broader, More Powerful Shoulders

    Dumbbell Lying Rear Lateral Raise

    Dumbbell Lying Rear Lateral Raise Exercise Guide and Videos

    Long Head Triceps Exercises

    The Best Long Head Triceps Exercises for Thicker, Stronger Arms

    Dumbbell Lying Triceps Extension

    How To Do The Dumbbell Lying Triceps Extension

    Box Jump Exercise Guide

    Box Jump Exercise Guide – Muscles Worked, How-to, Tips, and Variations

    Dumbbell Iron Cross Exercise

    Dumbbell Iron Cross Exercise Guide and Videos

  • Food FactsTrending
  • News
    • Deals
    • Videos
    • Bodybuilding
    • CrossFit
    • Powerlifting
    • Strongman
    • MMA
  • Reviews
    • All
    • Lifting Gear & Accessories
    • Supplements
    Best Treadmills For Walking

    12 Best Treadmills For Walking Reviewed For 2021

    9 Strongest Pre-Workout Supplements

    11 Strongest Pre Workout Supplements in 2021

    Pre Workouts Without Creatine

    12 Best Pre-Workouts Without Creatine For 2021

    Trending Tags

    • Ample
    • pre-workout
    • Meal Replacement
    • Pre-Kaged
No Result
View All Result
Bodybuilding, Fitness, CrossFit, Strongman and Powerlifting
No Result
View All Result
Home Bodybuilding

24 Hour Fitness To File For Chapter 11 Bankruptcy, Close 100 Locations

24 Hour Fitness To Shut Down 100 Locations Following Bankruptcy

Derek HallbyDerek Hall
June 15, 2020
24 Hour Fitness

Photo via Instagram @24hourfitness

  • 187shares
  • Facebook
  • Twitter
  • Reddit
  • Flipboard
  • LinkedIn
  • WhatsApp
  • Telegram
  • Messenger

With the global health crisis, the last several months have been difficult for a lot of businesses, in particular gyms. Now it seems that 24 Hour Fitness will be the latest victim to these hard times.

From the moment it was revealed that gyms were being forced to shut down, there was immediate concern in the fitness community. Not only were people worried that this would stop athletes from being able to train, but the owners of these facilities became worried about their futures. These worries only grew as a staple in the bodybuilding community, Gold’s Gym, was forced to file for bankruptcy.

View this post on Instagram

A post shared by 24 Hour Fitness (@24hourfitness)

It would appear that Gold’s is not the only major franchise taking a hit during these difficult times. A news report has come out, revealing that major chain 24 Hour Fitness will be filing for Chapter 11 Bankruptcy. In addition to this, they will be forced to shut down 100 facilities, across 14 states. It is quite evident that this is a direct result of the circumstances in the world, as CEO Tony Ueber explained.

“If it were not for Covid-19 and its devastating effects, we would not be filing for Chapter 11. We expect to have substantial financing with a path to restructuring our balance sheet and operations to ensure a resilient future.”

As devastating as this is, not just for the brand, but also for the athetes and those work work in each location, 24 Hour Fitness promises that this is not the end. They took to social media to provide a statement, explaining that not all facilities will be reopening. In fact, after these closures, there will only be about 300 remaining locations. However they make it clear that they plan to financially rebuild, and reestablish these locations.

View this post on Instagram

A post shared by 24 Hour Fitness (@24hourfitness)

There can be no denying that this has been an extremely difficult time for a lot of people. Things could clearly be worse for 24 Hour Fitness, but it is still terrible that they are forced into this position. Hopefully this is as bad as it gets, seeing as this is a gym that many people use across the nation.

For the latest news and updates please follow us on Instagram, Facebook and Twitter.
  • 187shares
  • Facebook
  • Twitter
  • Reddit
  • Flipboard
  • LinkedIn
  • WhatsApp
  • Telegram
  • Messenger

Join our list

Subscribe to our mailing list and get interesting stuff and updates to your email inbox.

Thank you for subscribing.

Something went wrong.

We respect your privacy and take protecting it seriously

Categories: Bodybuilding News
Tags: 24 hour fitnessbankruptcybodybuilding
Previous Post

Hafthor Bjornsson Looks Light On His Feet Doing Cardio For Eddie Hall Boxing Match

Next Post

Brian Shaw Smokes 520lb Bench Press Double En Route To 701lb Attempt

Derek Hall

Derek Hall

Staff News Writer and interviewer for MMA, powerlifting, bodybuilding, strongman, and CrossFit. Full time fight fan, part time participant. Bringing out of the box thinking to the world since 1995. Opinions are strictly my own.

Related Posts

2021 Newyork Pro
Bodybuilding

2021 New York Pro Scheduled For May 15 In Tampa

Kali Muscle
Bodybuilding

Kali Muscle and Big Boy Gets In Altercation After Getting Kicked Out Of Gold’s Venice (VIDEO)

Flex Lewis 9
Bodybuilding

Flex Lewis Looks Ferocious As He Gears Up For 2021 Mr. Olympia Prep

Iain Valliere
Bodybuilding

Iain Valliere: Beating Hunter Labrada and Dexter Jackson ‘Was Like My Olympia Win’

Chris Bumstead 1
Bodybuilding

Chris Bumstead Reveals Back Workout He Is Using For ‘Perfecting My Form’

Laura Bass
Bodybuilding

Former Bodybuilder Laura Bass Dies at 49

Kevin Levrone
Bodybuilding

Kevin Levrone Moves Serious Weight With 12 Reps Of 315lb Behind-The-Neck Press

Roelly Winklaar
Bodybuilding

Roelly Winklaar Believes William Bonac Should Scored Higher At The 2020 Mr. Olympia

2021 Mr Olympia
2021 Mr. Olympia

2021 Mr. Olympia Qualification System Rules Revealed

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

  • Trending
  • Comments
  • Latest
Kali Muscle

Kali Muscle and Big Boy Gets In Altercation After Getting Kicked Out Of Gold’s Venice (VIDEO)

Larry Wheels Deadlift PR

Larry Wheels Hits All-Time Personal Record With Earth Shattering 855lb Deadlift Triple, Gets Injured

Ronnie Coleman

What Did Ronnie Coleman Eat in His Prime?

Laura Bass

Former Bodybuilder Laura Bass Dies at 49

Kali Muscle

Kali Muscle and Big Boy Gets In Altercation After Getting Kicked Out Of Gold’s Venice (VIDEO)

Ben Chow Luke Sandoe

Ben Chow, Fouad Abiad Respond To New Details of Luke Sandoe’s Death

Wayne Van Nostrand Bench

Watch Wayne Van Nostrand Press 281kg/620lbs at 51 Years Old

2021 Newyork Pro

2021 New York Pro Scheduled For May 15 In Tampa

Best Treadmills For Walking

12 Best Treadmills For Walking Reviewed For 2021

Recent Reviews

Best Treadmills For Walking

12 Best Treadmills For Walking Reviewed For 2021

9 Strongest Pre-Workout Supplements

11 Strongest Pre Workout Supplements in 2021

Pre Workouts Without Creatine

12 Best Pre-Workouts Without Creatine For 2021

Fitness Volt

At FitnessVolt.com our mission is to educate and inform you about the latest in professional bodybuilding, fitness, and sports-related content. We believe you should have the best information at your fingertips to help you reach your fitness goals and to stay up to date on everything happening in the bodybuilding, fitness and strength sports industry... Read more.

Email: sm(at)fitnessvolt.com

Disclosure: FitnessVolt.com has an affiliate relationship with different brands and is a participant in the Amazon Services LLC Associates Program. However, our reviews are based on well research backed analysis.
FitnessVolt.com - 1700 Lincoln St. Denver, CO. 

Follow Us

Trending Topics

  • Mr. Olympia 2020
  • Bodybuilding
  • Strongman
  • Powerlifting
  • CrossFit
  • At Home Workouts
  • Bodyweight Exercises
  • Best Pre-workouts
  • Boost Testosterone
  • German Volume Training
  • Protein-Packed Foods
  • Jefferson Deadlift
  • What Is Hypertrophy

Calculators

    • IF Calculator
    • TDEE Calculator
    • Calorie Calculator
    • Keto Calculator
    • RMR Calculator
    • Macronutrient Calculator
    • Creatine Calculator
    • Wilks Calculator
    • EER Calculator
    • FFMI Calculator
    • IBW Calculator
    • LBM Calculator
    • Fat Intake Calculator

 

  • Food Nutrition Analysis
  • Carb Cycling Calculator
  • Weight Gain Calculator
  • Calories Burned Calculator
  • Strength Standards
  • One Rep Max Calculator
  • Body Fat Calculator
  • EER Calculator
  • Weight Loss Percentage
  • Treadmill Calorie Calculator
  • Body Surface Area Calculator
  • Running Pace Calculator
  • Bench Press Calculator
  • Protein Calculator
  • Water Intake Calculator
  • About
  • Write For Us
  • Advertise
  • Contact
  • Syndication
  • Scholarship
  • Sitemap
  • DMCA
  • Copyrights
  • Terms
  • Privacy

© Copyright 2010 - 2021 Fitnes Volt IBC. All Rights Reserved.

No Result
View All Result
  • Mr. Olympia
  • Bodybuilding
  • Powerlifting
  • Strongman
  • CrossFit
  • Workouts
  • Exercise Guides
    • Arms
    • Back
    • Chest
    • Core
    • Legs and Glutes
    • Shoulders
  • Training
  • Nutrition
  • Reviews
  • More
    • Diet
    • News
    • Motivation
    • Videos
    • Food Facts
    • Deals
    • Fitness Calculator

© Copyright 2010 - 2021 Fitnes Volt IBC. All Rights Reserved.

63857