Fitness Studio Owners Are Sweating

The COVID-19 pandemic has proven to be an endurance race for businesses large and small, but if you’ve been keeping up with the news, you’ve likely noticed that the fittest of them all haven’t fared so well: Gold’s Gym, 24-Hour Fitness, Town Sports International (the owner of New York Sports Club and other country-wide chains), and Flywheel Sports have all filed for bankruptcy over the span of the past six months. And while big-box gyms are now allowed to open their doors with reduced capacities, small boutique studios have been forced to remain closed, creating a widespread problem that has beloved fitness brands sweating the dollars and cents.


Back To Top