Bally Total Fitness (BFTH) Up 90% on ...

Bally Total Fitness (BFTH) Up 90% on Buyout News

There are 24 comments on the SchaeffersResearch.com Daily Market Blog story from Jun 8, 2007, titled Bally Total Fitness (BFTH) Up 90% on Buyout News. In it, SchaeffersResearch.com Daily Market Blog reports that:

Bally Total Fitness Up 90% on Buyout News Posted 3:23 PM are up more than 94% today, after reports surfaced that a number of private-equity firms may be interested in bidding on the company. via SchaeffersResearch.com Daily Market Blog

Join the discussion below, or Read more at SchaeffersResearch.com Daily Market Blog.

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ex employee of BTF

United States

#1 Jun 8, 2007
Any company who is remotely interested in buying BTF. TALK to ex- employees first.
I don't think a comnpany with this much dishonesty (oh and DEBT) can ever come back, unless you get rid of all those old managers that have NO education and are in management roles. I no longer work at this dump. I was in management and couldn't believe how corrupt and dishonest these people are. It was unbelievable. The guy Jay, from Weston,who works at Bally, I know which GM you are talking about, all those GM's are full of themselves and are idiots! Future companies actually humoring taking over BTF, do the research. Let this place burn to the ground. Get all those managers out. They think they they are safe because they have been their for more than 15 yrs. Please, they haven't even seen what a real business environment is like. LET BTF Fail. They deserve it.
Nate

United States

#2 Jun 9, 2007
yeh, you sound educated enough....not! In my opinion the company is obviously going in the right direction if you no longer work for them.
EX employee of BTF

Port Haywood, VA

#3 Jun 10, 2007
Anyone interested in purchasing BTF should definitely do their homework. I was with BTF for several yrs in mgmt in several different states. I developed several other very successful employees who I couldn't influence to stay once they reached mgmt and saw all the BS. BTF has some great employees, but they are few and far between. I ran into far more employees who lacked fitness or business knowledge (many were in mgmt) combined with corrupt practices and uncaring personalities. BTF definitely paid well and is still a step ahead of the competition in customer needs research, but when you can't keep quality employees to hand those needs....what does your future hold? High turnover is not a sign of a good company. I have since left and started my own facility and everyday I have BTF employees asking for positions because they can't stand it anymore. So I thank BTF in many ways, but it doesn't look good. Good Luck!
ex employee of BTF

United States

#4 Jun 12, 2007
Nate wrote:
yeh, you sound educated enough....not! In my opinion the company is obviously going in the right direction if you no longer work for them.
Obviously you know nothing about this company. Have you worked for them? Why would you stick up for such a corrupt company? You are the one that sounds STUPID! Do you have any idea why they are in so MUCH debt? I really think you don't have a clue...
bally girl

Warren, MI

#5 Jun 20, 2007
ex employee of BTF wrote:
<quoted text>
Obviously you know nothing about this company. Have you worked for them? Why would you stick up for such a corrupt company? You are the one that sounds STUPID! Do you have any idea why they are in so MUCH debt? I really think you don't have a clue...
I do work for them and they are a better company than you know. You all need to stop wasting your time. Bally is nationwide and were here to stay. So go somewhere else we dont want you anyway
amy powers

Dallas, TX

#6 Jun 21, 2007
WARREN MI BALLY GIRL
YOUR A STUPID ASS AND AND DONT KNOW JACK SHIT ABOUT BEING SCREWD.....BUT YOUR TIME WILL COME 10 FOLD.........
ex employee of BTF

United States

#7 Jun 21, 2007
bally girl wrote:
<quoted text>
I do work for them and they are a better company than you know. You all need to stop wasting your time. Bally is nationwide and were here to stay. So go somewhere else we dont want you anyway
Hey Bally Girl, Are you in management? If you answer yes and are a GM. You have got to know you're a joke. BTF hires 22 yr old kids who know NOTHING about management (most are not very well educated). The only goal that they are told is to get your staff to sell as many memberships as possible at ANY price.
I feel bad that you have blinders on. Like the blog says above. You'll get yours and look foolish.
hahaha, thanks for the laugh.
Laurie

New Baltimore, MI

#8 Jun 21, 2007
screw you and your company...your quote, "So go somewhere else we don't want you anyway", is exactly why Bally's is going under. It's obvious that the employees/management don't give a care about anything but the money, and will do anything to get it, until now, when memberships are dropping and all those class-action lawsuits are creeping up your hole...but I'm not bitter, I'll give you $5 when I see you on the corner...good luck, sweetie.
bally girl wrote:
<quoted text>
I do work for them and they are a better company than you know. You all need to stop wasting your time. Bally is nationwide and were here to stay. So go somewhere else we dont want you anyway
Raw Dog

Carmel, IN

#9 Jun 28, 2007
I Agree, Bally's is a Dump and getting worse by the minute! I witnessed the transformation first hand during my 10 year tenure there as a member. I believe, as well as many others that Bally's as a whole suffers from lack of good management (club level and upper management) and deceit. There is no quick fix when corruption is your leader. I now workout at LA Fitness. It's unbelievably better.
stockman

Sarasota, FL

#10 Jul 5, 2007
Raw Dog wrote:
I Agree, Bally's is a Dump and getting worse by the minute! I witnessed the transformation first hand during my 10 year tenure there as a member. I believe, as well as many others that Bally's as a whole suffers from lack of good management (club level and upper management) and deceit. There is no quick fix when corruption is your leader. I now workout at LA Fitness. It's unbelievably better.
Wow there are some bitter people out there. Listen if you feel Bally's didn't treat you fairly as an employee maybe your right or maybe your just another one of those people who doesnt want to do shit but feels that your entitled to success and lots of money and promotions. Most employees have the same attitude as most of you which is probably why they are having so many problems. Your attitudes are a cancer to a company. When you are in management there is always a bunch of employees that feel your a moron and they could do so much better, but the truth is thats as far as they with ever go with it is talking about it. So get over it you don't work there anymore so it's only a matter of time before your bitching about the place your at know, if your not already.
Thaddeus Buttmunch

Myrtle Beach, SC

#11 Aug 1, 2007
one problem I had with them was when I was in NJ and a Medical Intern they hawked memberships. But when I end up in even a place like Myrtle Beach they are NOWHERE to be found. We dont all live in big cities ya know!

also "Vertical clubs" in places like bloomfield hills mi are Ballys but charge WAY more than those covered under "lifetime membership."

a shwartza with bad breath probatly reformed crack dealer tried to bait and switch me in the Southifeld club 20 years ago. "did you REALLY think you'd get all this for x dollars/month? there are restrictions!"

go back to school, Bro if you can even READ that is
WOW

Belcamp, MD

#12 Oct 23, 2009
I have been a BTF member for more than 20yrs. I too witnessed the transformation and have to agree BTF club is is nothing short of a dying image of what it used to be.
I now own a private club focused on specific market demographic. From a business perspective; whenever a business has to work hard to retain current customers because membership is not flowing in---it's only a matter of time before its door closes.
BTF is just coming out of its 2nd chapt. 11 and already have 30 franchise stores in an effort to stay alive. The problem is always with leadership---how in the world did Paul Toback went from a white house aide to president Clinton to CEO of BTF---and you dare wonder about top level corruption!!!! Young lady, whoever you are, please don't bank your future on BTF cause am sure they will drop you even before their door closes when you can't trick members into lifetime memberships any more!!!!
swim-bike-run

Los Angeles, CA

#13 Nov 19, 2011
Congrats, to LA fitness who will take BTF out of hell and into the light.. for all you BTF members come check out LA fitness in La Habra,CA.it will re open on on 11-23-11. The remodel is looking great..
Fitness master

United States

#14 Nov 22, 2011
swim-bike-run wrote:
Congrats, to LA fitness who will take BTF out of hell and into the light.. for all you BTF members come check out LA fitness in La Habra,CA.it will re open on on 11-23-11. The remodel is looking great..
Not so much out of hell. Ballys had the best personal training program compared to la fitness. They stand to learn a lot from their employees. The clubs sucked but overall best employees u could find
Leroy Brown

King Of Prussia, PA

#15 Nov 23, 2011
Thaddeus Buttmunch wrote:
one problem I had with them was when I was in NJ and a Medical Intern they hawked memberships. But when I end up in even a place like Myrtle Beach they are NOWHERE to be found. We dont all live in big cities ya know!
also "Vertical clubs" in places like bloomfield hills mi are Ballys but charge WAY more than those covered under "lifetime membership."
a shwartza with bad breath probatly reformed crack dealer tried to bait and switch me in the Southifeld club 20 years ago. "did you REALLY think you'd get all this for x dollars/month? there are restrictions!"
go back to school, Bro if you can even READ that is
"Medical Intern"? It's obvious who was on crack. I'm sure you are the bed pan king by now.
Tony G

Dearborn, MI

#16 Nov 28, 2011
I have been working out a BTF for 31 years, I have seen the gradual decline in the club conditions and the clientele numbers. The only reason I stay, and others I know, is because it's cheap.
My concern is if LA fitness will honor our contracts when they take over.
Julio

United States

#17 Nov 30, 2011
I go to the LA Fitness in Downey, CA. The weight room is always a mess, they threaten with cancelling members who are caught leaving weights all over but never do it. Maybe because they were afraid to loose members to BTF. Now that BFT may no longer be around, I hope they have balls to go through with their threats.
KGuy

Lexington, MA

#18 Nov 30, 2011
I have a Bally Total Fitness "Premier Plus" membership (use any club, any time, cheap fixed yearly rate). I've been a member of BTF for 18 years. The membership was purchase in NJ, but I've used it in MA for all 18 of those years. That's the address on my Bally account, that's where I go to work out, that's where I live.
I just received notice that they are transferring my account to LA Fitness because my "home club" (where the membership was originally purchased) is in NJ.
There are no LA Fitness locations convenient to me. LA Fitness is NOT taking over the MA Bally Total Fitness locations.
This really sucks.
Anyone else in this position, and were you able to get them to NOT transfer your membership to LA Fitness?
ErikaS

Bedford, TX

#19 Dec 2, 2011
KGuy wrote:
I have a Bally Total Fitness "Premier Plus" membership (use any club, any time, cheap fixed yearly rate). I've been a member of BTF for 18 years. The membership was purchase in NJ, but I've used it in MA for all 18 of those years. That's the address on my Bally account, that's where I go to work out, that's where I live.
I just received notice that they are transferring my account to LA Fitness because my "home club" (where the membership was originally purchased) is in NJ.
There are no LA Fitness locations convenient to me. LA Fitness is NOT taking over the MA Bally Total Fitness locations.
This really sucks.
Anyone else in this position, and were you able to get them to NOT transfer your membership to LA Fitness?
KGuy: Is your BTF Premier Plus membership a LIFETIME membership? I am in a similar situation. My BTF membership is out of 40 West in Baltimore, but I am in Texas. I have a Premier Plus Lifetime membership. My membership was NOT converted into an LA Fitness membership. I am able to use my BTF membership in any of their locations worldwide. I also don't have any dues- ever. I originally was concerned about the transfer, but I lucked out being that I am a BTF Lifetime Premier Plus member. For everyone that had there BTF transferred over to LA Fitness, they will be able to use LA Fitness for the month of Dec. Then in Jan, even though you might be paid up till March you will only be able to use LA Fitness locations that used to be BTF. That is the situation with my husbands membership. There is not a near by La Fitness (Ballys) close by, closest one is about an hour away. I am guessing KGUY, if your membership is not a LIFETIME BTF membership, they might tell you what they told us, you can go into your local BTF and see what they can do for you. Which is pretty much useless information. Good Luck.
Mr Lifetime Member

AOL

#20 Dec 5, 2011
I'm a 'Limetime' member, no dues, for close to 29 years, I was told my membership is NOT being honored by either club. Now what?

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