Seventy per cent of Delhi’s gyms may shut down for good if they don’t resume business next month, a survey conducted by the Delhi Gym Association revealed.
There was no business as stable as gym business. Dedicated clintele. Predictable revenue.
24 Hour Fitness files for bankruptcy and closes 100 gyms […] Gold’s Gym, a similar chain to 24 Hour Fitness, filed for bankruptcy in May. The company said the virus affected it “deeply and in many ways,” which included the temporary closures of many of its 700 global gyms. Gold’s permanently closed 30 locations in April and expects to emerge from bankruptcy in August.
In America also, situation is not good.