Blink Fitness Bankruptcy Highlights: PureGym Announces $105M Bid for New Jersey and New York Locations
Saturday, 14 September 2024, 15:57
Blink Fitness Bankruptcy Overview
Following its Chapter 11 bankruptcy filing, Blink Fitness is set to sell most of its assets in New Jersey and New York to PureGym for an astonishing $105 million. This bid reflects dramatic changes in the fitness landscape.
Impact of the Bankruptcy on Locations
- Key New Jersey gyms may face closures.
- Many New York locations are also at risk due to this sale.
This deal showcases the ongoing transformation within fitness chains as companies adjust to new market realities.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.