Richmond Hill Franchise Gym – Business For Sale
Overview
A well‑established franchise‑based fitness centre located in Richmond Hill, Ontario, generating strong recurring revenue and stable profitability. Ideal for an owner‑operator or investor seeking a turnkey operation with predictable cash flow and brand recognition.
Business Highlights
Annual Revenue: $500,000
Seller’s Discretionary Earnings (SDE): $100,000+
Asking Price: $374,000 (3.25× SDE)
Ownership Structure: Owner‑operated franchise
Location: Richmond Hill, ON
Business Type: Franchise gym / fitness centre
Key Features
Strong recurring membership base with EFT billing
Franchise support and established brand recognition
Stable year‑over‑year revenue
Fully equipped facility with modern machines and free weights
Dedicated studio space for classes and personal training
Men’s and women’s washrooms
Clean, well‑maintained facility
Low membership churn
Growth potential through supplements, retail, and expanded class offerings
Financial Summary
Metric Amount
Annual Revenue $500,000
SDE $100,000+
Valuation Multiple 3.25×
Asking Price $374,000
Facility Details
Approx. 5,000 sq. ft. of gym space
Cardio machines, strength machines, free weights
Dedicated studio for classes
Locker rooms and washrooms
Reception and retail area
Ample parking
Reason for Sale
Owner is pursuing other business interests.
Ideal Buyer
This opportunity is perfect for:
Fitness entrepreneurs
Owner‑operators seeking strong cash flow
Investors looking for a stable, recession‑resistant business
Buyers wanting a turnkey franchise operation with predictable earnings
Growth Opportunities
Add supplements and retail products
Expand class offerings
Introduce personal training packages
Launch online fitness programs
Increase marketing in Richmond Hill and surrounding areas
Sale Structure
Asset sale preferred
Training and transition support available
Confidentiality
Non‑disclosure agreement (NDA) required prior to release of detailed financials.
