Famous less costly national gym chain Blink Fitness has filed for bankruptcy protection.
The company which operates more than 101 gyms nationally seeks to be permitted to continue operating as they work out a plan to repay creditors.
It listed liabilities and assets between $100 million and $500 million each in its petition.
The gym reportedly has more than 300,000 members.
Blink was founded in 2011 in New York City. Membership cost is from $15 to $40 per