24 Hour Fitness founder Mark Mastrov is looking to spot a buyer for his Lafayette, CA, home. The custom abode is on the market for a weighty $13.5 million.
24 Hour Fitness Worldwide Inc. sought court protection from its creditors, unable to keep up with debt payments after the COVID-19 pandemic shut down gyms nationwide.
The company will permanently close about 130 gyms, including 18 locations around the Greater Los Angeles area and Orange County.
For the record:
1:31 PM, Jun. 15, 2020An earlier version of this article included a list of gyms slated for closure that incorrectly
LOS ANGELES – We’re focused on fitness, specifically, 24 Hour Fitness. The chain that has almost 450 clubs, 22,000 employees, and some 3.5 million members have spent the last two months figuring out how to make the gym model work amidst the coronavirus crisis.
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