Fitness and Health Clubs
The Canadian fitness and health club industry includes operators ranging from small boutique fitness studios to chains of full service health clubs. Growing awareness of health and wellness trends, public campaigns to combat obesity, and increasing incentives from insurance providers and employers have resulted in strong industry growth. However, the COVID-19 pandemic has posed challenges to the industry due to lockdowns, capacity limits and social distancing requirements. The industry is also facing increased competition from at home digitally enabled fitness platforms and subscriptions.
CHS has experience in the valuation of fitness and health club operators and calculating business losses arising from expropriation.