Company Research Report: 24 Hour Fitness
Company Overview
- Name: 24 Hour Fitness USA, LLC
- Mission: Committed to creating a healthier, happier world through fitness
- Founded: More than 40 years ago (exact founding date and founder details are not available)
- Key People: Details about the executive leadership are available but not specified in the provided data.
- Headquarters: No information is available.
- Number of Employees: No information is available.
- Revenue: No information is available.
- Known For: 24 Hour Fitness is renowned for its nearly 300 fitness clubs across 11 states in the USA, offering a comprehensive range of fitness and wellness services.
Products
- Products Offered:
- Memberships: Various membership tiers including Platinum, Gold, and Silver, offering access to extensive fitness facilities and classes.
- 24GO Fitness App: A mobile application providing access to club check-ins, studio classes, on-demand workouts, and virtual classes.
- Classes and Training:
- GX24® Studio Classes: A variety of group exercise classes.
- Personal Training: One-on-one coaching and training programs.
- Fitness Amenities: Premium strength and cardio equipment, turf zones, free weights, and functional training areas.
- High-Level Description and Key Features:
- Memberships:
- Platinum Membership: Nationwide club access, top-of-the-line facilities.
- Gold Membership: Access to diverse classes and amenities across regional locations.
- Silver Membership: Access to cardio and strength training at a designated club.
- 24GO Fitness App: Provides on-demand workouts, custom plans, and integration with club services for a holistic fitness experience.
- Fitness Classes and Training:
- GX24®: Offers innovative and diverse group exercise classes to motivate and challenge users.
- Personal Training: Tailored fitness programs led by professional coaches.
Recent Developments
- Recent Developments:
- Restructuring: Underwent Chapter 11 restructuring, involving the resolution of claims through the issuance of gift cards.
- Operation Adjustments: Adjustments in membership and personal training agreements in response to past club closures.
- New Products Launched: No information is available about new product launches.
- New Features Added to Existing Products: No specific information is available regarding new features.
- Partnerships: The company emphasizes connecting with healthy nutrition and fitness partners but specific partnerships are not detailed.
Additional Information
- Restructuring FAQs and Claims: Information related to the restructuring process and claims is communicated via their official restructuring portal. Claims have been resolved primarily through gift cards as compensation.
This report aims to provide a comprehensive yet concise overview of 24 Hour Fitness based on the information available from the provided data. Each section is presented with details directly extracted from the provided source.
