{"id":1319825,"date":"2020-05-07T16:45:26","date_gmt":"2020-05-07T22:45:26","guid":{"rendered":"https:\/\/www.postindependent.com\/?p=996246"},"modified":"2020-05-07T16:45:26","modified_gmt":"2020-05-07T22:45:26","slug":"gym-serving-2k-members-from-glenwood-to-rifle-in-receivership-over-debt-issues","status":"publish","type":"post","link":"https:\/\/alwaysmountaintime.com\/kske\/local-news\/gym-serving-2k-members-from-glenwood-to-rifle-in-receivership-over-debt-issues\/","title":{"rendered":"Gym serving 2K members from Glenwood to Rifle in receivership over debt issues"},"content":{"rendered":"
\n
\n

<\/p>\n<\/div>\n<\/figure>\n

A fitness club with some 2,000 members in Garfield County has been placed into court-ordered receivership due to mounting debt, but was still able to reopen on a limited basis this week under the new state public health guidelines.<\/p>\n

Steve Reynolds, who works as one of the personal trainers employed by Colorado 24\/7 Fitness, was appointed receiver by the Ninth District Court late last month to operate the gyms and related businesses until approximately $500,000 in debt can be cleared.<\/p>\n

\u201cIt does look to me, with the membership numbers we\u2019ve had for the last two years, that we\u2019re going to be able to pull out of this,\u201d Reynolds said.<\/p>\n

The business is owned by a group of investors with John Romero as the majority owner. Gym locations are in Glenwood Springs, New Castle and Rifle, with a separate day spa in Glenwood. <\/p>\n

\n
\n
\n
\n
\n

<\/p>\n<\/div>\n<\/div>\n

Support Local Journalism<\/h3>\n