Business & Tech

24 Hour Fitness Permanently Closing One Walnut Creek Location

24 Hour Fitness is filing for bankruptcy due to the "devastating effects" of the coronavirus.

WALNUT CREEK, CA — The national gym chain 24 Hour Fitness has filed for bankruptcy and is closing more than 100 locations, including one in Walnut Creek.

24 Hour Fitness is permanently shuttering Walnut Creek Ygnacio Center, 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 Walnut Creekfor free with the latest 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 coronavirus-related shutdowns.

24 Hour Fitness has nearby locations that are expected to remain open.

Find out what's happening in Walnut Creekfor free with the latest updates from Patch.

  • Super-Sport, 2800 N. Main St., Walnut Creek, CA 94597
  • Sport, 359 Sun Valley Mall, Concord, CA 94520
  • Super-Sport, 351 Rheem Blvd., Moraga, CA 94556
  • Super-Sport, 4450 Norris Canyon Road, San Ramon, CA

If you like visiting the 24 Hour Fitness in Alamo, it is on the closure list.

24 Hour Fitness now joins Gold’s Gym as a medium-sized fitness chain that has filed for bankruptcy due to coronavirus-related losses.

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