Bally Total Fitness began in 1983 when Bally Manufacturing purchased Lifecycle and the Health and Tennis Corporation of America. The Bally Health and Tennis Corporation was formed.
By 1987, Bally’s was the largest fitness center chain in the world. The chain acquired American Fitness Centers and Nautilus Fitness Centers.
In 1995, all brands were renamed to Bally Total Fitness.
By 1996, there were 340 fitness centers in the US and Canada.
In 1998, the company went public on the NYSE.
In 2007, the company filed for bankruptcy. The chain was purchased by Harbinger Capital and emerged from bankruptcy.
In 2008, the company again filed for bankruptcy, citing the global economic downturn.
In 2010, the chain was investigated by the Texas attorney general for mailing fake past-due notices to old members in an attempt to get them to re-join the club.
In 2011, the chain sold 171 gyms to LA Fitness.
In 2012, the chain sold 39 gyms to Blast Fitness.
Today, Bally’s operates 60 fitness centers in the US.
Bally Total Fitness
Bally Total Fitness began in 1983 when Bally Manufacturing purchased Lifecycle and the Health and Tennis Corporation of America. The Bally Health and Tennis Corporation was formed.
By 1987, Bally’s was the largest fitness center chain in the world. The chain acquired American Fitness Centers and Nautilus Fitness Centers.
In 1995, all brands were renamed to Bally Total Fitness.
History
By 1996, there were 340 fitness centers in the US and Canada.
In 1998, the company went public on the NYSE.
In 2007, the company filed for bankruptcy. The chain was purchased by Harbinger Capital and emerged from bankruptcy.
In 2008, the company again filed for bankruptcy, citing the global economic downturn.
In 2010, the chain was investigated by the Texas attorney general for mailing fake past-due notices to old members in an attempt to get them to re-join the club.
In 2011, the chain sold 171 gyms to LA Fitness.
In 2012, the chain sold 39 gyms to Blast Fitness.
Today, Bally’s operates 60 fitness centers in the US.