Gold's Gym in East Greenwich to Become a Healthtrax

EAST GREENWICH, RI—The Gold’s Gym in East Greenwich could soon become a fitness center run by Healthtrax Fitness and Wellness, a Glastonbury, Conn.-based operator of 18 fitness centers in eight states across the Northeast.

The owners of the gym have been trying to find buyer after asking a Superior Court judge to put the business into receivership, citing insolvency.

The gym was abruptly shut for one day in mid-December after Judge Brian Stern ordered it closed and liquidated and for bi-weekly reports from a court-appointed receiver. It reopened after the owners got a rent reprieve from their landlord.

The closure stunned many of the gym’s members who said they had no idea the business was in trouble. Many found out on social media and worried about the status of their prepaid memberships.

Now, the owners are thanking members for their patience over the past six weeks and said in a post on their Facebook page that Healthtrax has agreed to leasing terms with the landlord and “the takeover will be completed mid-February after all legal proceedings have been completed.”

“We are still operating as a health club and will be for many more years to come,” they said. “We are still operating as a Gold’s Gym until otherwise instructed.”

Healthtrax advertises itself as a “different kind of fitness center” and “your fitness partner.” It currently operates locations in East Providence and Warwick. The company was founded in 1979.