Business & Tech
24 Hour Fitness Files For Bankruptcy: Marin Gym To Stay Open
24 Hour Fitness is filing for bankruptcy due to the "devastating effects" of the coronavirus. Locations are closing across the Bay Area.
![24 Hour Fitness is permanently shuttering a number of locations in the Bay Area.](https://patch.com/img/cdn20/shutterstock/54855/20200615/021708/styles/patch_image/public/shutterstock-706082779___15133023723.jpg)
MARIN COUNTY, CA — The national gym chain 24 Hour Fitness has filed for bankruptcy and is closing more than 100 locations, including in the North Bay.
24 Hour Fitness is permanently shuttering these Bay Area locations:
- Alamo: 140A Alamo Plaza
- Berkeley: 1775 Solano Ave.
- Fairfield: 1519 Gateway Blvd.
- Fremont: 35630 Fremont Blvd.
- Milpitas: 301 Jacklin Road
- Morgan Hill: 850 Tennant Station
- San Francisco: 350 Bay St.
- San Francisco: 2145 Market St.
- San Francisco: 3800 24th St.
- San Francisco: 3951 Alemany Blvd.
- San Jose: 375A North Capitol Ave.
- Vallejo: 4300 Sonoma Blvd.
- Walnut Creek: 2033 N. Main St.
"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."
Find out what's happening in Mill Valleywith free, real-time updates from Patch.
Despite the forced closures, 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 the coronavirus-related shutdowns.
24 Hour Fitness has one location in Marin County, which is expected to remain open. The gym is located at 1001 Larkspur Landing Circle in Larkspur.
Find out what's happening in Mill Valleywith free, real-time updates from Patch.
24 Hour Fitness now joins Gold's Gym as a medium-sized fitness chain that has filed for bankruptcy due to coronavirus-related losses.
Get more local news delivered straight to your inbox. Sign up for free Patch newsletters and alerts.