Share: In-Shape Health Clubs is the latest health club company to file for Chapter 11 due to shutdown of health clubs because of the COVID-19 pandemic. (Photo courtesy In-Shape.)
In-Shape Health Clubs, Bakersfield, California, filed for Chapter 11 restructuring on Dec. 16,
In-Shape CEO Francesca Schuler shared a message on the company’s website stating that the shutdown of health clubs in California for much of 2020 due to the COVID-19 pandemic led to the bankruptcy filing. The company plans to restructure and move forward with reopening clubs once the state allows it to do so.
“I want to reassure you that In-Shape is not going anywhere,” Schuler said in the message. “Our team is committed to serving our amazing community of members, and we plan to continue offering safe, affordable and equitable access to fitness for many years to come.”