Alchemy 365 Closing Four Minnesota Studios
The fitness brand cited financial difficulties and shared it will hold its final Minnesota classes next month
Alchemy 365, a group fitness brand serving Minnesota and Colorado, is shuttering its four Minnesota studios next month, with its final classes scheduled for November 16.
The fitness brand, which offers small group and private classes, an open gym, and on-demand classes, says its four Colorado gyms will remain open.
The Minnesota Star Tribune reported that Alchemy 365 co-founder and CEO Tyler Quinn sent a letter to members on Tuesday, alerting them to the news, citing the effects of the pandemic and debt. However, it’s not the only brand that’s announced studio closures in 2024. This comes after kettle-ball-focused HIIT brand, Fhitting Room, announced it was closing most of its studios due to aggressive third-party booking, increased competition, and rising costs this summer.
Alchemy 365’s Minnesota locations are located in Edina, St. Paul, and Minneapolis.
