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Wednesday, May 15, 2024

In-Shape Health Club Files Bankruptcy

Credit: 23ABC News | Bakersfield
Duration: 02:37s 0 shares 1 views

In-Shape Health Club Files Bankruptcy
In-Shape Health Club Files Bankruptcy

FOR GOOD AS A RESULT OF THEPANDEMIC, AS MANY OTHERSSTRUGGLE TO STAY AFLOAT...ONEGYM, THAT HAS SEVERALLOCATIONS AROUND BAKERSFIELD, ISDEALING WITHFINANICAL HARDSHIPS, AS THEYCONTINUE TO MAKEADJUSTMENTS TO KEEP THEIRBUSINESS ALIVE23ABC'S BAYNE FRONEY IS LIVEFROM SOUTHWEST BAKERSFIELD ANDHAS MORE WITH CEO OF IN-SHAPEWHO EXPLAINSHOW THEY ARE TAKING PRECAUTIONSTO ENSURE THATGYM-GOERS ARE BEING SAFE...DESPITE THE FACT THAT GYMS CAN'TBE OPEN INDOORS.

IN-SHAPE HAS CREATED A NEW SPACE SOTHAT PEOPLE CAN STILLBE SAFE WHILE GETTING INSHAPE....STILL THE CEO OF THISPLACE SAYS 2020 HAS BEEN A TOUGHYEAR FOR SO MANY"IT'S BEEN A HEARTBREAKING YEARFOR US."IT'S BEEN A TOUGH YEAR FOR LOTSOF BUSINESSES, INCLUDING THEFITNESS INDUSTRY.GYMS HAVE SEENA DECLINE INCUSTOMERS, LEAVING LOTS OF THEMRUNNING OUT OF OPTIONSON HOW TO STAY OPEN"WE HAVE BEEN VERY CONSERVATIVEONTHE COST FRONT, WE ARE DOWN TO AVERY LEAN TEAM, BUT WE NEEDED TORAISESOME MORE CAPITAL AND WE AREFORTUNATE TO HAVE SOME NEWINVESTORS."IN-SHAPE GYM HAS OPENED ANDCLOSED A TOTAL OF THREE TIMESTHIS YEAR, WITH THEIR MOSTRECENT FINANCIAL DECISION COMINGIN THE FORM OF FILING FORBANKRUPTCY...BUT AS CEOFRANCESCA SCHULER SAYS THIS MOVEHELPS KEEP THEM GOING"WE ARE NOT GOING OUT OFBUSINESS, WENEED TO RESTRUCTURE, WE ARE ABY-PRODUCT OF 10 MONTHS WITH NOREVENUE, WE ARE NOT THE ONLYONES IN THIS SITUATION, SMALLBUSINESSES, BIGBUSINESSES."LOTS OF OTHER BUSINESSES FINDTHEMSELVES IN SIMILARSITUATIONS AS A RESULT OF THEPANDEMIC...SCHULER SAYS IT'SALSOABOUT ADAPTING IN THIS EVERCHANGING TIME"WE FEEL STRONGLY THAT WE NEEDTOSUPPORT PUBLIC HEALTH AND THERERULES SO WE'VE DONE SEVERALTHINGS TOPIVOT TO TRY AND ADAPT INTODAY'S WORLD."THIS INCLUDES CREATING ANOUTDOOR GYM EXPERIENCE ACCORDINGTO SCHULER.

IN- SHAPE HASUTILIZED THEREOUTDOOR SPACE SO THAT THECOMMUNITY CAN STILL WORK OUTWHILE BEING SAFE."WE'VE IMPLEMENTED MANY MANYSAFETYPROTOCOLS INCLUDING ARESERVATION APP, SANITATION ANDCLEANLINESS."DESPITE CHALLENGES, SCHULERTELLS 23ABC THAT THEYARE CONTINUING TO WORK WITHPUBLIC HEALTH SO THAT HOPEFULLYSOON, THEY CAN REOPEN THEIRDOORS."WE BELIEVE FITNESS IS PART OFHEALTHCARE, THERE ARE THREETHINGS THAT YOU CAN DO TO STAYHEALTHY, EATWELL, EXERCISE AND SLEEP AND SOWE BELIEVE THAT WE ARE APART OFPREVENTATIVE HEALTHCARE AND WECAN'T WAIT TO OPEN OUR DOORS ANDBRING PEOPLE BACK."IN-SHAPE HAS ALSO CREATED ADIGITAL WAY TO WORK OUT FORTHOSE WHO STILL WANT TO GET INSHAPE BUT MAY WANT TO DO SOFROM HOMEIN BAKERSFIELD BAYNE FRONEY23ABC CONNECTING YOU

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