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Who will be the new owner of Blink Fitness if sold by March 31, 2025?
3
Resolution / Starting Odds
Private equity firm • 25%
Another gym chain • 25%
Real estate investment firm • 25%
Other • 25%
Official announcements from Equinox or Blink Fitness, and financial news reports
Story
Equinox-Owned Blink Fitness Files for Chapter 11 Bankruptcy, Impacting 100 Locations
Aug 12, 2024, 01:41 PM
Blink Fitness, a low-cost gym chain owned by Equinox, has filed for Chapter 11 bankruptcy. The company, known for offering memberships as low as $15 to $40 per month, is facing stiff competition and higher operational costs. Blink Fitness operates 100 locations and has liabilities amounting to hundreds of millions. The bankruptcy filing includes plans to explore a sale of the business.
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