Blink Fitness files for bankruptcy and may close some gyms | CNN Business

New York CNN  — 

It could get harder to find an affordable gym.

Blink Fitness, the low-price gym chain with monthly memberships ranging from $15 to $45, filed for bankruptcy Monday and said it may close an unspecified number of its 101 clubs.

Blink is owned by luxury gym chain Equinox and is located primarily in cities and suburban areas in New York, New Jersey, California and Texas. Blink has more than 400,000 members.

Around 25% of US gyms and studios permanently closed during the Covid 19 pandemic – roughly 10,000 facilities, according to the

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