Asked by: Sander Fresz
healthy living running and jogging

Is 24 Hour Fitness out of business?

Last Updated: 19th May, 2020

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San Ramon, California-based 24 Hour Fitness had roughly $1.5 billion in sales in 2019, and less than $1 million in cash, according to Moody's. 24 Hour Fitness announced on March 16 it was closing all its clubs, later acknowledging the closures may last for “an extended period of time” due to coronavirus.

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Beside this, is 24 Hour Fitness a good gym?

24 Hour Fitness will be a good fit for you if: You want a luxury gym experience: The company's Ultra Sport gyms have incredible amenities. You'll be happiest at these locations, as they are superior to 24 Hour Fitness' other club tiers.

how do I cancel my membership at 24 Hour Fitness? Mon-Fri: 8am – 7pm PT Sat: 7am – 4pm PT 888.243. 5002 Contact Member Services: Mon - Fri: 6am - 6pm PT 800.432. 6348 Cancel Your Membership: Mon - Fri: 6am - 6pm PT 866.308. 8179 Mail 24 Hour Fitness Member Services PO Box 2689 Carlsbad, CA 92018 Find a Club My24 Account Company * About Us…

Considering this, who bought out 24 Hour Fitness?

Forstmann Little & Co

How much is 24 Hour Fitness worth?

1 in the world by revenues, 24 Hour Fitness Worldwide Inc. has signed an agreement with Forstmann Little & Co., a New York private investment firm, to acquire the company for approximately $1.6 billion -- the largest-ever transaction in the health-club industry.

Related Question Answers

Xinya Buendia

Professional

Does 24 Hour Fitness provide towels?

…with private showers * Pro shop for convenient access to nutritional products, snacks and workout gear * Kids' Club for children up to age 12* * Towel service *Additional fees apply 24 Hour Fitness offers a network of more than 420 locations nationwide, as well as signature content and programming…

Abdelouahd Hopkins

Professional

How much does it cost to add a family member to 24 Hour Fitness?

Want to get your family and friends to join you in the club? Add a family member to your monthly payment membership for $0 initiation fee and only $29.99 monthly dues. The Keep Fit All-Club Sport membership includes access to over 350 clubs or $26.99 monthly dues for Keep Fit One-Club Sport.

Gligor Rokhatsevich

Professional

What is the cheapest gym to join?

But remember this: Even an inexpensive gym isn't a bargain if you don't go.
  1. Planet Fitness. Planet Fitness advertises itself as a gym for people who don't like gyms, with ads referring to every Planet Fitness location as a "Judgement Free Zone."
  2. Cardinal Fitness.
  3. Your Local YMCA.
  4. Gold's Gym.
  5. LA Fitness.

Guim Jadrihinsky

Explainer

How much is 24 Hour Fitness monthly?

…and friends to join you in the club? Add a family member to your monthly payment membership for $0 initiation fee and only $29.99 monthly dues. The Keep Fit All-Club Sport membership includes access to over 350 clubs or $26.99 monthly dues for Keep Fit One-Club Sport.

Idelia Ammerschuber

Explainer

Can I freeze my 24 Hour Fitness membership online?

Dues During Freeze: Once 24 Hour approves a membership freeze no further dues will be collected with respect to such time and your right to use 24 Hour facilities is frozen or suspended, so 24 Hour can deny you access to any 24 Hour club during such freeze.

Eutropia Zeitschel

Explainer

Why did 24 Hour Fitness stop giving out towels?

The case claims that despite advertising towel service as part of the Super Sport membership package, 24 Hour Fitness in June 2019 made the decision to eliminate the service as a purported cost-saving measure and instead offer towels for sale at retail price.

Iacov Eigelshoven

Pundit

Can you bring guests to 24 Hour Fitness?

Itâ s a great chance to bring your pal, sibling, child or significant other with you to the club and get them on track to living a healthier, fitter life! Bring a guest for FREE and enjoy FREE Kids' Club. Plus, be sure to get your FREE MultiGrain Cheerios® cereal sample. 24 Hour Fitness is the place to be tomorrow!

Maura Ingremeau

Pundit

Can you use someone else's gym membership?

Short Answer: No major gym will knowingly allow you to use someone else's gym membership. Instead, you can visit the gym using a day pass; virtually all major gyms offer free or discounted one-day, and short-term guest passes.

Aires Orduñez

Pundit

Does Shaq own 24 Hour Fitness?

Fitness Franchises
Being so closely tied to the world of athletics, it's no surprise that Shaq owns many gyms. To be exact, he owns 40 24 Hour Fitness locations. However, his gyms aren't your ordinary 24 Hour Fitness setup.

Elionor Facucho

Pundit

What happens if I dont pay 24 Hour Fitness?

After the Commitment Period, you may cancel by providing notice to 24 Hour Fitness. Upon your request to cancel, future monthly payments will be stopped and your last month's prepaid dues will be applied. Notice must be provided in writing, over the phone, or in person at a Club.

Ladislaa Godecke

Pundit

How much do 24 Hour Fitness employees make?

24 Hour Fitness Salaries
Job Title Salary
Personal Trainer salaries - 73 salaries reported $16/hr
Sales Manager salaries - 53 salaries reported $68,818/yr
MEMBERSHIP COUNSELOR salaries - 50 salaries reported $11/hr
Sales Manager salaries - 42 salaries reported $18/hr

Jhonatan Nilva

Teacher

What was the main message of the 24 Hour Fitness Ads?

24 Hour Fitness encourages members to “sweat it out together.” The campaign's OOH art included the message “Do More,” while the targeted mobile ads used the message “Join Now.” These taglines tapped into the current trend of playful copywriting evident in class names like “Barbells to Barre Class” and delivered

Haixiao Amatriain

Teacher

What are the different levels of 24 Hour Fitness?

24 Hour Fitness has four club access levels: Active, Sport, Super-Sport and Ultra-Sport. Exact amenities offered can vary from location to location. Therefore, use our Club Finder to see which amenities are offered at each location near you.

Gretta Mahmudov

Teacher

How much does Anytime Fitness cost?

Anytime Fitness membership fees and contracts depend on the kind of membership you apply for and the location, but the average cost is typically $30 to $36/month; however, in other clubs, the membership fee is $44 for a single monthly membership and $39 for a 12-month membership.

Argelia Dempko

Teacher

Are 24 Hour Fitness classes free?

  • 24 Hour Fitness Offers Club Access To North Bay Residents. …and cycle classes, all included with your membership. Find Classes Near You Go GX24 Parties See our upcoming fitness class parties - free and open to all!
  • 24 Hour Fitness: Investor Sign Up. …and cycle classes, all included with your membership.

Tsvetan Hartseil

Reviewer

Where is 24 Hour Fitness headquarters?

San Ramon, California, United States

Everette Nilu

Reviewer

Is Anytime Fitness the same as 24 Hour Fitness?

So you should have no problem finding and joining an Anytime Fitness, a health club that's remarkably similar to 24 Hour Fitness in its offerings. You'll find clean, well-maintained workout spaces here, plenty of equipment, workout classes, and more. You can access all of it 24 hours a day, 365 days a year.

Vonda Stoller

Reviewer

How hard is it to cancel 24 Hour Fitness?

24HourFitness.com/realestate. Phone Contact Your Nearest Club: Find a Club Check Pricing/Buy a Membership: Mon-Fri: 8am – 7pm PT Sat: 7am – 4pm PT 888.243. 5002 Contact Member Services: Mon - Fri: 6am - 6pm PT 800.432. 6348 Cancel Your Membership: Mon - Fri: 6am - 6pm PT 866.308.

Isela Halter

Reviewer

How do you cancel your Anytime Fitness membership?

To cancel your Anytime Fitness membership, you will need to visit the gym you signed up at during hours with staff available. You will then need to let the staff know you wish to cancel and provide a written notice by filling out the Anytime Fitness cancellation form.