Golds gym to permanently close some locations

[chemicallyengineered]

Re: Golds gym to permanently close some locations

I can’t speak to golds but I know at planet we have gotten a lot of our franchisees rent freezes while they are closed. We also helped many get the apps for the ppp and other small business loans. Our ceo paid all staff for the first month that we were closed and only furloughed then as of last week. All executives have taken pay cuts and the ceo isn’t taking any paycheck at all until we open. Our hopes are that we will be open by June. The big thing for us is what restrictions will the government impose upon our industry. Will it be limiting the number of members in the gym at one time? Will it be staggering the equipment? We have a ton of new sanitizing standards ready to roll out when the time comes. It’s going to be a strange new world after this.


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[guns01]

Re: Golds gym to permanently close some locations

such a sad thing to see. i wonder if the franchise rate will increase on the private owned. the gym i normally go to is a golds franchised location and the owner is actually not charging our monthly dues right now. which is cool of him but i would almost rather pay my membership and not lose the facility than the alternative. this shit is fucking everything up big time

[chemicallyengineered]

While this is only pertaining to their corporate owned locations if things are bad enough for them to close corporate locations I can only imagine there will be franchisees who will have to close as well. It’s a sad state of things.

Gold'''s Gym closing locations permanently: list of addresses - Business Insider


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