Dallas-based Gold’s Gym is set to be acquired by the German fitness company RSG Group for an estimated $100 million. Amid the economic pressure of pandemic lockdowns, the fitness chain filed for ...

Photo: Al Bello/Getty Images RSG Group GmbH, operator of Germany’s McFit fitness clubs, has won an auction to acquire Gold’s Gym International Inc. out of bankruptcy for $100 million.

The D.C. Gold’s Gym franchise currently has 18 locations open. It has a membership base of more than 60,000 and about 600 D.C.-area employees.

RSG Group and Gold’s Gym are planting their roots in Texas, too, with 62 Gold’s Gyms in the Lone Star state. Schoepe said the company is creating clusters of gyms in different cities.

Schaller, who amassed his RSG fitness empire and $250 million fortune from scratch, opened his first McFit gym in Germany in the late 1990s and later acquired Dallas-based Gold’s Gym for $100 ...

Gold’s Gym currently has about 30 locations in the D.C. metro area. Georgetown Park, now owned by real estate investment firm Jamestown, covers an entire block, bounded by M Street, the C&O ...