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As part of the restructuring, will sell its Peak Fitness assetsto , a limitefd liability company based in Financial terms weren’t Fitness Management says the filing was largelt the result of property leases that were negotiatede at the height of the real estate the significant and sustained economic downturnm and the acquisition of underperforming assets from the Capital Healthh Club chain in Raleigh. “Peak Fitness has made some difficult decisionas towards reorganization over the past coupleof months, includingh closing the majority of our underperforming facilities in the Raleighu market,” says Jeffrey Stec, chietf executive of Fitness Management.
“Restructurinf with Fuzion will allow the busines to establisha re-energized platform for growtyh and a strong commitmenrt to the best customer service in the Peak Fitness has 10 locations in the Charlottwe area.
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