F45 Franchisee Files Chapter 11 Amid Economic Struggles
#Bankruptcy #FitnessIndustryF45 Training franchisee Mad Fitness Group, operating 31 studios across six states, filed for Chapter 11 bankruptcy with assets under $500,000. The filing bucks gym industry growth trends despite broader consumer spending challenges. read more
Blink Fitness Files Bankruptcy as Equinox Seeks Long-Term Success
#FitnessIndustry #BankruptcyImpactBlink Fitness, a gym chain owned by Equinox, filed for bankruptcy on August 12 with over 100 locations nationwide. Despite financial success, the pandemic has hit the fitness industry hard, leading to closures and bankruptcies. read more