SoCal Closure Watch — Week of 10/28

This column tracks public closure news for wholesale buyers; nothing here is an offer or a confirmed listing.

FitLab, Inc. — Los Angeles (fitness, Chapter 11)

Los Angeles-based fitness holding company FitLab filed for Chapter 11 bankruptcy on October 26, 2026, in Delaware, covering 23 affiliated entities including Y7 Studio, Mile High Run Club, Ragnar Events, and Yoga Vida. Two Newport Beach affiliates, FL Studios LLC and FL Xtreme LLC, filed the same day. The petition lists estimated liabilities of $100–500 million against $10–50 million in assets, and follows months of studio closures, missed payroll, and landlord lawsuits reported earlier this year.

What this could mean for buyers: no studio closures or asset sales have been announced yet — this is a restructuring, not a liquidation — but if LA-area studios close as the case proceeds, fitness equipment, studio fixtures, and branded retail inventory could surface. Worth watching closely.

Sources: Inc., October 27, 2026 · Hybrid Fitness Media, October 27, 2026 · Bankruptcy Observer – FL Studios

El Torito — La Mesa, San Diego County

El Torito has announced the closure of its La Mesa restaurant after 46 years, notifying customers with a farewell email; the location is now marked closed. The chain continues to operate dozens of other locations, so any disposition is likely controlled at the corporate level — but a full Mexican-restaurant fit-out, including commercial kitchen equipment, bar equipment, and patio furniture, could surface as this site winds down.

Source: SanDiegoVille, October 2026

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This column tracks public closure news for wholesale buyers; nothing here is an offer or a confirmed listing.