Youfit Gyms Gets $10m+ Investment To Upgrade Clubs

Backed by private equity firm Skyline Investors, the low-price gym chain plans to expand strength training, functional fitness and recovery offerings across its portfolio

YouFit Gyms has secured more than $10 million in investment from private equity firm Skyline Investors, with plans to upgrade its existing clubs as the high-value, low-price (HVLP) operator looks to become more competitive.

The investment marks Los Angeles-based Skyline’s first foray into the fitness and wellness industry and will support a multiyear effort to modernize YouFit‘s 49 gyms across four states: Florida, Louisiana, Rhode Island and Virginia.

The first phase will focus on refreshing 12 clubs in Florida, with renovations expected to begin in December.

The upgrades will include expanded strength training floors, new equipment, additional functional training space and recovery amenities, reflecting growing consumer demand for strength and wellness offerings beyond traditional cardio equipment.

YouFit plans to eventually extend the improvements across its entire portfolio.

“Upon joining YouFit, I saw a brand with a proud history, loyal members, and great clubs that did not have the resources to grow,” said YouFit CEO Jason Carter. “To secure this investment is validating for our team. It will allow us to strengthen our value proposition for current and future members in the communities we serve and make YouFit more competitive in a market that demands it.”

Carter joined YouFit in April after holding leadership roles at basketball training technology company Shoot 360 and major franchise operators of Anytime Fitness and Orangetheory Fitness.

YouFit, whose gyms are corporate-owned, has already begun modernizing its footprint, relocating two Florida clubs into upgraded facilities earlier this year. The Boynton Beach location reopened in April, followed by Davie in July.

According to the company, both locations have exceeded financial projections and experienced consistent membership growth.

Skyline Investors, which typically targets companies generating between $5 million and $50 million in annual revenue, said it sees an opportunity to support YouFit’s expansion into recovery and longevity services.

“What drew us to YouFit is a business that matters to its community and is ready for what’s next,” said Skyline founder and managing partner Jeremy May. “Jason and his team have a clear plan to reinvest in their clubs, and we’re excited to support them as they bring recovery and longevity services to the communities they serve.”

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