NORTH BAY, CA —The national gym chain 24 Hour Fitness has filed for bankruptcy and is closing more than 100 locations. Nearly half of the closures –42 – are in California and 13 are in the Bay Area.
In the North Bay, 24 Hour Fitness is permanently shuttering two locations, both of which are in Solano County:
Solano Mall – Fairfield, 1519 Gateway Blvd., Fairfield, CA 94533
Vallejo, 4300 Sonoma Blvd., Vallejo, CA 94589
"If it were not for COVID-19 and its devastating effects, we would not be filing for Chapter 11," CEO Tony Ueber said in a statement. "We expect to have substantial financing with a path to restructuring our balance sheet and operations to ensure a resilient future."
Despite the, 24 Hour Fitness said Monday in its Chapter 11 filings that it has secured $250 million in funding to support the reopening of its other locations by the end of June. Those locations had been closed for months because of coronavirus-related shutdowns.
Four San Francisco locations are among those in the Bay Area slated for closure; other closures are in Morgan Hill, Alamo, Berkeley, San Jose, Fremont, Milpitas and Walnut Creek.
Yet, four 24 Hour Fitness locations in the North Bay are expected to remain open:
Santa Rosa, 3550 Industrial Drive, Santa Rosa, CA 95403
Rohnert Park, 6345 Commerce Blvd, Rohnert Park, CA 94928
Petaluma, 6 Petaluma Blvd North, Petaluma, CA 94952
Larkspur, 1001 Larkspur Landing Circle, Larkspur, CA 94939
24 Hour Fitness now joins Gold’s Gym as a medium-sized fitness chain that has filed for bankruptcy due to coronavirus-related losses.
Search 24 Hour Fitness locations expected to remain open.