IBJNews

L.A. Fitness buying Bally clubs, including Indy location

Back to TopCommentsE-mailPrintBookmark and Share

California-based L.A. Fitness, one of the heavyweights in the local health club business, is buying 171 Bally Total Fitness locations, including its only area location, at 5435 W. Pike Plaza Road in Indianapolis.

The deal is the latest shakeup in the U.S. health club industry, which is consolidating after a spurt of overbuilding. The changes are rocking the Indianapolis health club market.

On Nov. 15, Florida-based Lifestyle Family Fitness said it was selling two Indianapolis clubs to Minnesota-based Life Time Fitness and was shutting two others. Days earlier, Cardinal Fitness abruptly closed six of its 12 area locations.

A letter posted by Cardinal Fitness said "operating expenses, marketing costs, and an incredible amount of new competition has increased to the point that competing is no longer possible" at the locations it closed.

L.A. Fitness is buying all but 100 of Chicago-based Bally's clubs. The  deal is expected to close by the end of the month. L.A. Fitness already operates eight health clubs in the area.
 

ADVERTISEMENT

  • Correct Link
    Here is the correct link. The previous one has a space between reduced fee.

    http://www.change.org/petitions/lafitness-honor-reduced-fee-lifetime-contracts-of-bally-members-after-billing-period
  • petition for LA fitness to honor ballys membership
    LA fitness is not honoring some of the ballys membership agreement (Premier Lifetime membership).. Please help by signing the petition below


    http://www.change.org/petitions/lafitness-honor-reduced- fee-lifetime-contracts-of-bally-members-after-billing-period

  • TMA Bally's
    It would fair to provide all of the students of TMA of their status with the program in Illinois. If LA Fitness is not including TMA in their program then these 100's of students will be pulling their memberships from the LA Fitness corporation. They may want to consider the financial implications. Give the facts so rumors do not spread.
  • My impressions
    1. Is it possible the Broad Ripple Cardinal site was subsidizing the other locations so when it lost its lease to Kilroys, the others lost too?
    2. The owners of LifeStyle are brilliant. Locate an adequate facility within a couple miles of LifeTime, suck away its members, then sell the membership to them and the buildings to developers. Even if it wasn't a plan, it sure worked out for them.
    3. If LA Fitness wants to stay competitive, it has to buy whatever's left.

Post a comment to this story

COMMENTS POLICY
We reserve the right to remove any post that we feel is obscene, profane, vulgar, racist, sexually explicit, abusive, or hateful.
 
You are legally responsible for what you post and your anonymity is not guaranteed.
 
Posts that insult, defame, threaten, harass or abuse other readers or people mentioned in IBJ editorial content are also subject to removal. Please respect the privacy of individuals and refrain from posting personal information.
 
No solicitations, spamming or advertisements are allowed. Readers may post links to other informational websites that are relevant to the topic at hand, but please do not link to objectionable material.
 
We may remove messages that are unrelated to the topic, encourage illegal activity, use all capital letters or are unreadable.
 

Messages that are flagged by readers as objectionable will be reviewed and may or may not be removed. Please do not flag a post simply because you disagree with it.

Sponsored by
ADVERTISEMENT

facebook - twitter on Facebook & Twitter

Follow on TwitterFollow IBJ on Facebook:
Follow on TwitterFollow IBJ's Tweets on these topics:
 
Subscribe to IBJ
  1. These liberals are out of control. They want to drive our economy into the ground and double and triple our electric bills. Sierra Club, stay out of Indy!

  2. These activist liberal judges have gotten out of control. Thankfully we have a sensible supreme court that overturns their absurd rulings!

  3. Maybe they shouldn't be throwing money at the IRL or whatever they call it now. Probably should save that money for actual operations.

  4. For you central Indiana folks that don't know what a good pizza is, Aurelio's will take care of that. There are some good pizza places in central Indiana but nothing like this!!!

  5. I am troubled with this whole string of comments as I am not sure anyone pointed out that many of the "high paying" positions have been eliminated identified by asterisks as of fiscal year 2012. That indicates to me that the hospitals are making responsible yet difficult decisions and eliminating heavy paying positions. To make this more problematic, we have created a society of "entitlement" where individuals believe they should receive free services at no cost to them. I have yet to get a house repair done at no cost nor have I taken my car that is out of warranty for repair for free repair expecting the government to pay for it even though it is the second largest investment one makes in their life besides purchasing a home. Yet, we continue to hear verbal and aggressive abuse from the consumer who expects free services and have to reward them as a result of HCAHPS surveys which we have no influence over as it is 3rd party required by CMS. Peel the onion and get to the root of the problem...you will find that society has created the problem and our current political landscape and not the people who were fortunate to lead healthcare in the right direction before becoming distorted. As a side note, I had a friend sit in an ED in Canada for nearly two days prior to being evaluated and then finally...3 months later got a CT of the head. You pay for what you get...

ADVERTISEMENT