Gold’s Gym Inks Development Agreement for 17 Locations in Toronto

October 21, 2024 // Franchising.com // DALLAS — Gold’s Gym has signed a development rights agreement with a franchisee to open 17 locations in the Greater Toronto and Hamilton area (GTAH), with the first gym slated for a 2025 opening. 

The franchisee group is led by Tony Caparotta, a fitness industry veteran who grew up in Toronto. He and his team plan to build the new gyms over the coming decade.

“Growing up in Toronto has shaped my perspective and appreciation for its vibrant culture and diverse communities, and I look forward to bringing Gold’s Gym to their neighborhoods,” said Caparotta. “Gold’s Gym has always held a special place in my heart due to my previous supplier relationship with the Canadian clubs, and I’ve admired Gold’s ability to resonate with multiple generations, particularly Gen Z and Gen Y, who are a significant demographic in the fitness industry.”

The new gyms will be built in a modern image of the legendary original Gold’s Gym in Venice Beach, California, known as The Mecca, where iconic bodybuilders like Arnold Schwarzenegger trained.

SOURCE Gold’s Gym

###