---
title: "OneLife Fitness Mulling Sale at $700M Valuation, Per Report"
url: https://burnaze.com/article/9a5eb47b-4c8a-452f-b01d-791d97a82ade
source: "Athletech News"
original_url: https://athletechnews.com/onelife-fitness-mulling-sale-at-700m-valuation/
author: "Courtney Rehfeldt"
category: "Gym & HVLP"
industry: "Fitness"
segment: "Gym & HVLP"
topics: ["Finance & M&A"]
published: 2023-11-21T19:42:45.000Z
modified: 2026-10-31T18:54:18.022Z
image: https://athletechnews.com/wp-content/uploads/2023/11/onelife.webp
---

# OneLife Fitness Mulling Sale at $700M Valuation, Per Report

**TL;DR:** OneLife Fitness, a health and fitness club operator, is in the early stages of a reported sale process that could value the company at approximately $700 million. The company, partly owned by private equity investor Josh Harris, owns over 55 locations across several states.

*By Courtney Rehfeldt, originally published in Athletech News on 2023-11-21. [Read the original](https://athletechnews.com/onelife-fitness-mulling-sale-at-700m-valuation/).*

## Story

OneLife Fitness, a health and fitness club operator partly owned by Josh Harris, a private equity investor and sports team owner, is in the early stages of a reported sale process that could value the fitness operator at approximately $700 million, including debt.

The McLean, Virginia-based fitness brand, which owns over 55 locations in Washington, D.C., Maryland, Virginia, West Virginia and Georgia, is working with Jefferies Financial Group and North Point Advisors, according to Reuters.

The publication, citing anonymous sources close to the matter, reports OneLife Fitness has informed potential buyers that it estimates it will generate roughly $260 million of revenue and $70 million of earnings before interest, taxes, depreciation and amortization this year.

US Fitness Holdings LLC, which owns and operates OneLife Fitness, is itself majority-owned by Delos Capital and HRS Management, the family office of Harris, who also has majority stakes in the NFL’s Washington Commanders, NBA’s Philadelphia 76ers and NHL’s New Jersey Devils.

The fitness brand has created a high-quality club experience incorporating gym equipment alongside experience-elevating amenities such as pools, saunas, whirlpools and childcare.

A specialized training program, Explosive Performance, allows members to take fitness to the next level, and several OneLife locations feature boxing studios, basketball courts, tennis and pickleball courts. Recovery tools, such as HydroMassage and Hyperice Hypervolt and Normatec compression equipment, are also available for OneLife members.

OneLife also offers a robust menu of group fitness classes in categories such as cardio, cycling, HIIT, mind/body, seniors, strength, aqua and signature classes.

Last month, OneLife opened a new location in Clinton, Maryland — a 55,000 square foot facility with a saltwater pool and spa, Strike Studio (a boxing studio), Cardio Cinema, 100 pieces of cardio equipment, group studio classes, Kids Zone and recovery studio.

## Entities

- Fitness (sector)
- Athletech News (publication)
- fitness industry (topic)
- private equity (topic)
- Courtney Rehfeldt (person)
- valuation (topic)
- Onelife Fitness (company)
- Josh Harris (person)
- sale process (topic)
- Jefferies Financial Group Inc. (investor)
- North Point Advisors (company)
- Delos Capital (investor)

---
Originally reported by Courtney Rehfeldt, Athletech News (https://athletechnews.com/onelife-fitness-mulling-sale-at-700m-valuation/). Summarized by Burnaze (https://burnaze.com/article/9a5eb47b-4c8a-452f-b01d-791d97a82ade).