According to courthouse records, the house was purchased for $73,000 in 1995. Coyle put up his share of the Paynes Ford Road property as security on a $238,000 loan last year.
The Rando's Fitness Center in Martinsburg remains closed, although the new owners, Fitness Components Limited Liability Partnership of Arlington, Va., said it could reopen in the near future. The company, which operates several Gold's Gyms in the Washington, D.C., area, has also taken over the former Rando's Fitness Center in Hagerstown.
There are more than 550 Gold's Gyms and Aerobics Centers worldwide, according to the Venice, Calif., based company. The gyms are owned and operated by franchise holders such as Fitness Components.
The partnership recently reached an agreement with Coyle to purchase his business. One of the Fitness Components partners said Tuesday he could not discuss the specifics of the sale. "As of today I cannot. I probably will be able to in the near future," said John Link, who will serve as the general manager for the Hagerstown gym.
"Before we know what the final terms will be we have to know what we're dealing with," Link said. His company is still "trying to find out every little skeleton" involved in the sale.
Despite that, Link called the deal, "a finality." He also said Gold's Gym will assume some of Rando Enterprises' debt.
Court records in Washington County and Berkeley County, W.Va., indicate Rando Enterprises, its related companies and Randall and Sonja Coyle have piled up well over $1 million in judgments and federal and state tax liens since 1991.
More than two dozen people were on hand for a sale of the Coyles' personal property last Thursday at the Berkeley County Sheriff's Office.