GOLD’S GYM INKS DEVELOPMENT AGREEMENT FOR 17 LOCATIONS IN TORONTO | PR Newswire [Video]

First location slated to open in 2025

, /PRNewswire/ — Gold’s Gym, the iconic global fitness brand, 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 agreement will mark the return of the Gold’s Gym brand to Ontario.

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 Torontohas shaped my perspective and appreciation for its vibrant culture and diverse communities, and I look forward to bringing the world’s most well-known fitness brand 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 …