Are you a Business Owner?
Set up your Private Seller Account and create your listing todayGet Started Here
Two (2) profitable Fitness locations (ranked in top 20% of Canadian franchisees - yes, it is a top ranked franchise) on the market in Eastern Ontario, that are poised for expansion and growth – including more member capacity. This franchise/franchisee has a track record of 6+ combined years in business and stands behind a solid reputation in its geographic market, the highest level of membership experience, along with unparalleled customer service.
This internationally recognized, award-winning premier fitness franchise provides full service, boutique fitness offerings and facilities to clients. Currently recognized as the most established and strongest performing fitness franchise across 7 continents, their company value is founded in their intimate customer service, unique facilities, 24-7 access and personal training offerings.
Financials presented are pre-covid financials which is the typical financial performance of this business. Memberships are slightly down (20%) however membership recovery is being realized concurrent with the ramp up of general population vaccination. Memberships have not been frozen during the pandemic and were billed as per normal.
The fitness equipment is in great condition and there is no debt on the balance sheet. Equipment is paid in full. Locations are in excellent high density neighborhoods (affluent). No competition for big box fitness centers such as Movati or Goodlife.
This business is poised to address the post pandemic boom expected in the fitness and health industry. 42% of the North American population has gained weight in the last 12 months. The average weight gain is 28lbs.
For more information, please contact us by using the form below.
Great leases with 5 plus 5 renewal options
$360,000 (CAD) per annum
Complete fit up was done in both locations. No retrofit required to adhere to franchisor specifications
Another location is available under the agreement with Franchisor
No big box fitness competitors nearby as they are in high density centrally located neighborhoods in the city
Business is non core
5 years left on terms
Owner is will to train and help with transition
Seller willing to provide a finite amount of seller financing to a qualified buyer. Terms are to be determined
If you own a business and are considering selling, visit our Sell a Business section. Limited Trial available.Sell Your Business