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Will Blink Fitness successfully reorganize under Chapter 11 by end of 2024?
3
Resolution / Starting Odds
Yes • 50%
No • 50%
Official bankruptcy court filings and public statements from Blink Fitness
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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Yes • 50%
No • 50%
Planet Fitness • 25%
LA Fitness • 25%
24 Hour Fitness • 25%
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$200 million to $300 million • 25%
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