Los Angeles, California – October 18, 2017 – World Gym International, the iconic global brand of seriously fun fitness, has announced plans to add at least 10 more gyms in Canada by year end 2018. As part of the company expansion plans, World Gym has engaged SRS Canada (“SRS”) as a real estate partner to find sites for both corporate-owned and franchised locations across Canada, with a heavy emphasis on the Greater Toronto Area (“GTA”).
“World Gym has built a strong presence in Canada, and the GTA in particular. Each community where we have opened facilities have embraced World Gym and its commitment to seriously fun fitness,” said Guy Cammilleri, Chief Executive Officer of World Gym International. “We have just begun opening corporate gyms in the United States and look forward to opening them in Ontario as well as we target aggressive growth in Canada.”
Doug Katona, Senior Vice President of Operations and Director of Training & Education, World Gym International added, “By partnering with SRS, we are able to accelerate our growth of both corporate and franchised locations, and better provide real estate services for current and potential franchisees as they look to open more franchised locations across Canada. We’re in discussions now with a variety of potential acquisitions, multi-unit franchisees, and area developers to acceralate our growth in Canada.”
World Gym presently has 25 gyms and approximately 125,000 active members across Ontario, British Columbia, Alberta, and Quebec. World Gym will unveil each location as it finalizes its plans. SRS is simultaneously helping World Gym International establish corporate-owned gyms in the GTA while helping franchisees acquire locations across the rest of Canada. Since partnering with SRS, World Gym has already identified more than 30 potential sites – most of which are in Ontario – and has begun negotiations on more than 10 of those sites with a heavy focus on the Toronto, Ottawa, Montreal, and Calgary metropolitan areas.
“Over the last number of years, World Gym has built a strong reputation for itself as the premier low-monthly-priced, high-member-volume fitness provider in the Canadian market” said Lindsay Hepburn, First Vice President of SRS Canada. “The recent addition of the World Gym Athletics program is something that will only elevate World Gym and further differentiate themselves from their competition. We are excited to be engaged with such hands-on leaders in Guy and Doug and look forward to working with all of the World Gym franchise partners when continuing to source and open locations across the country.”
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