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Not just in the US either - in the UK my local gym (part of a national chain) that I've been with for over a decade got bought by a PE firm. In 18 months the fe
by jarym 3y ago
Not just in the US either - in the UK my local gym (part of a national chain) that I've been with for over a decade got bought by a PE firm. In 18 months the fees went up over 60%. They used to give out regular guest passes - now only 1-2 passes once a year and they're valid for less time than they used to be. They've also doubled the charges for bringing a guest.
All these price increases and while the staff are still nice, the gym is now overcrowded and many times there isn't any equipment available. Also, there is dust on almost all the equipment - like a thick layer, clearly the only thing being regularly cleaned is the floor.
Naturally, I am looking to go elsewhere but my impression of PE as a consumer based on my personal experience is quite negative.
- gibspaulding 3y agoThe PE firm has managed to charge more, clean less, AND bring in enough customers that the gym is overcrowded? I'd be looking elsewhere too, but from a business perspective that sounds like a roaring success.
- johneth 3y ago> I'd be looking elsewhere too, but from a business perspective that sounds like a roaring success. Short term, yeah. Long term, it's a big opportunity for someone else to come in and provide the original superior service and eat their lunch.
- tucaz 3y agoThis is weird. - Prices went up - Way more people are going to the point where it’s overcrowded - But still dust accumulates on the equipment?