425 Fitness
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425 Fitness - overview
Established
1988
Location
Redmond, WA, US
Primary Industry
Travel & Leisure
About
Based in the US, 425 Fitness provides wellness services through a flexible gym membership model, offering access to advanced fitness equipment and various classes aimed at promoting a healthier lifestyle. 425 Fitness was founded in 1988 and operates in Redmond, US. The company specializes in fitness facilities, having recently been acquired by The Bay Clubs Company, LLC, a portfolio company of KKR, in June 2025. This acquisition aims to aid in the expansion of fitness and wellness facilities.
The founder's specific background is not detailed, and the company has completed one deal since its inception. 425 Fitness primarily offers month-to-month gym memberships, allowing users to cancel anytime. Their services include access to state-of-the-art cardiovascular and strength training equipment, free weights, a variety of fitness classes for different skill levels, personalized training plans, and certified personal trainers. They cater to a diverse clientele in the Eastside area, specifically focusing on individuals in Bothell, Redmond, and Issaquah, creating an inclusive environment for all fitness enthusiasts.
Revenue for 425 Fitness is generated mainly through their subscription-based membership model, where clients pay monthly for access to facilities and services. Transactions usually involve direct-to-consumer agreements that grant individuals access to amenities such as group classes, personal training sessions, and specialized equipment. They also conduct promotional activities, including trial passes for potential members to experience the facilities before full membership commitment, with pricing designed to be accessible to a wide range of customers. Following the acquisition in June 2025, 425 Fitness plans to utilize the support from Bay Clubs Company, LLC to enhance its fitness offerings and expand its market presence.
Future strategies involve introducing new products and services to enrich member experiences, as well as targeting specific geographic regions for growth to broaden their customer base. The company aims to leverage the resources from this partnership to establish additional locations and enhance existing facilities.
Current Investors
The Bay Clubs Company, LLC
Primary Industry
Travel & Leisure
Sub Industries
Fitness & Wellness Facilities
Website
www.425fitness.com
Company Stage
Add-on
Total Amount Raised
Subscriber access only
425 Fitness - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | 425 Fitness | - |
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