Bally Total Fitness Holding helps its members to work up a sweat. The fitness center operator has about 100 facilities in the US. Its members have access to pools, aerobics classes, running tracks, and racquet courts, as well as personal trainers and sports medicine services. Bally Total Fitness also offers many online services to its members, including electronic payment and account management, as well as online fitness newsletter The Skinny. The company has had its share of time in bankruptcy court, having filed Chapter 11 twice in nearly as many years, and has been shedding clubs in an attempt to achieve financial fitness.
Since its 2007 bankruptcy, the company has been trying to overcome its financial difficulties by selling facilities to raise cash and cut overhead. In 2012 Bally Total Fitness agreed to sell its Milwaukee-area clubs as well as clinics in Boston; Buffalo, New York; Charlotte, North Carolina; Fresno, California; Milwaukee; Providence, Rhode Island; St. Louis; Connecticut, and Texas to Blast Fitness Group LLC., which has 15 fitness clubs in Illinois, Massachusetts, Minnesota, and Rhode Island. In the same year Bally Total Fitness made a deal to sell 171 of its clubs to California-based L.A. Fitness, leaving Bally with 100 clubs. – less