Two mega gyms opened in Oak Cliff just in time for a pandemic to throw a wrench at the fitness industry.
24 Hour Fitness is closing 130 stores nationwide, including 26 in Texas. Two of those — one on Mockingbird Lane and one on Campbell Road — are in Dallas.
Many of the company’s locations are closed temporarily as a precaution against spread of the coronavirus, and the company isn’t charging customers during the pandemic. While revenues are near zero, the company secured $250 million through debtor-in-possession financing.