Quick Answer: How Much Did Lifetime Fitness Sell For?

How much did it cost to build lifetime fitness?

Assuming the average center costs $40 million to build, Life Time Fitness can expect to recoup its investment within 8 to 10 years..

Who bought lifetime fitness?

Gym chain Life Time Fitness is getting bought out by private equity. Flickr / Richard Giles Private equity firms Leonard Green & Partners and TPG Capital have struck a $4 billion deal to buy Life Time Fitness, the investors announced early Monday.

Is a Lifetime Fitness membership worth it?

Life Time memberships cost more than some other gym memberships, but Life Time offers several amenities like towel service, child care, and indoor and outdoor pools. A Life Time membership may be worth the cost, depending on what you use the gym for.

What is the highest level at Lifetime Fitness?

Maximum Lifetime Fitness Centers are located in the mid-to-large metropolitan areas on the edge of suburban areas, with few locations in the primary city or inner suburban area….so as of excellent to worst, the lifetime membership levels are:Diamond.Onyx.Platinum.Gold.Bronze.

What is a diamond membership at Lifetime Fitness?

By joining the Diamond Signature Club, members will have access to all of the on-site amenities, as well as those in any Life Time fitness club in the country. A single membership at Life Time Greenway costs $199 per month, while a family membership can cost up to $400 per month.

How much is an onyx membership at Lifetime Fitness?

A single membership at Life Time Greenway costs $199 per month, while a family membership can cost up to $400 per month. Thereof, how much a month is a LifeTime fitness membership?…How much does a diamond lifetime membership cost?IndividualMonthly *Single Club Access$62Monthly *All location Access$771 Year Pay in Full$9351 more row•Jan 15, 2020

Is Lifetime Fitness the same as lifetime athletic?

The 25-year-old company based in the Minneapolis area has changed its name from Life Time Fitness Inc. to Life Time Inc. on all legal documents and will be rebranding nearly all of its existing centers to match. … Moving forward, nearly all of the company’s fitness centers will be called Life Time Athletic.

What does lifetime fitness mean?

Lifetime fitness is the ideal of a more long-term fitness program meant to slowly, yet efficiently, improve your health. Instead of training for a specific event or reason, efforts are made to follow a healthy lifestyle and consistency with fitness sessions.

What are the levels of lifetime clubs?

Membership levels at Life Time include Bronze, Gold, Platinum, Onyx, and Diamond.

How much is lifetime athletic worth?

Life Time Fitness sold for more than $4 billion.

How much is lifetime a month?

LIFETIME FITNESS PRICESIndividualInitiation Fee$79Monthly *Single Club Access$62Monthly *All location Access$771 Year Pay in Full$935

Who is the CEO of Lifetime?

Bahram Akradi (May 1996–)Life Time Fitness/CEOBahram Akradi, who founded Life Time in 1992 and continues to lead the Chanhassen-based fitness company as CEO and chairman, has been named Minneapolis/St.