Comments on: Bally Total Fitness Opens Fourth Franchise in South Korea http://franchise.business-opportunities.biz/2006/05/02/bally-total-fitness-opens-fourth-franchise-in-south-korea/ Franchises, ideas, news, and links for small business entrepreneurs Wed, 25 Nov 2009 12:23:20 -0800 http://wordpress.org/?v=abc hourly 1 By: Hose http://franchise.business-opportunities.biz/2006/05/02/bally-total-fitness-opens-fourth-franchise-in-south-korea/comment-page-1/#comment-196632 Hose Tue, 18 Dec 2007 17:45:21 +0000 http://franchise.business-opportunities.biz/?p=343#comment-196632 Bally total fitness has been the Fitness business news this year because of there Chapter 11 Bankrupcy which left the investors with a stock worth 6 cents a share and a loss to the vendors who supplied the company with equipment at a loss of 1.1 BILLION Dollars. Ballys sells Contracts not memberships which it sells to Household Finance company which charges over 35% interest to the members. There currupt way of inticing people in on a low membership rate just to take advantage of them and not provide the clean quality service customers deserve. Stay away from Ballys, Far away unless you like to lose money. Beware they must close 250 locations in the U.S. to get out of this mess but if its your club do not expect to get your money back. You will still owe the finance company you borrowed from, Be smart. I am glad there leaving the United States, maybe they can steal from members in south Korea. Bally total fitness has been the Fitness business news this year because of there Chapter 11 Bankrupcy which left the investors with a stock worth 6 cents a share and a loss to the vendors who supplied the company with equipment at a loss of 1.1 BILLION Dollars. Ballys sells Contracts not memberships which it sells to Household Finance company which charges over 35% interest to the members. There currupt way of inticing people in on a low membership rate just to take advantage of them and not provide the clean quality service customers deserve. Stay away from Ballys, Far away unless you like to lose money. Beware they must close 250 locations in the U.S. to get out of this mess but if its your club do not expect to get your money back. You will still owe the finance company you borrowed from, Be smart.
I am glad there leaving the United States, maybe they can steal from members in south Korea.

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