Fitness Centres may open Starting May 19th (BC)

mehguy5 wrote: ↑ Wow, that's incredibly sleazy if true. Of course small business fitness centers are still paying rent. Makes me wonder if that was their whole tactic concerning staying quiet about reopening. Bleed the small fitness centers dry with rent then scoop up their members.

submalst wrote: ↑ No this is not the case.
3 things.
1. I wrote about what opening up would look like and those challenges back in April in this thread
2. Its not about bleeding dry the competition. Some business that shut just dont have any cash coming through. For GL to re-open, they need to hold onto cash so that they can spend it when they do re-open.Most of the larger REITs, property and mall owners get it that GL doesnt have ANY revenue coming in right now. So in some cases there is no payment or they put into place a payment plan. But they do have cash.
3. There is no risk of GL closing down. Sure they might re-evaluate some of their current locations and close them, but they are one of the largest in North America, and is the largest in Canada. Gyms are needed for public health. So in someways its a game of chicken with the mall owners and the Federal Government. GL will be fine....

Lastly, If GL were to expand, they would likely acquire higher end gym locations to get into the premium market (more $$) (think LA Fitness, Equinox).

HP_John wrote: ↑ According to GL themselves, they are the 4th largest gym chain in the world. What metric they're using, I'm not sure (I"m assuming # of gym locations). I know they have a monopoly here but was very surprised to read that, they have something like 365 locations.

GL sent out an email today that for the GTA, GL tentatively scheduled to reopen July 13, if the government permits. Earlier for other areas of Ont.

mehguy5 wrote: ↑ Bumping this to say it's very interesting that Ontario is the only province in Canada to leave out gyms for re-opening starting Stage 2. Very convenient for Goodlife who are not ready to re-open and have about 150 locations in Ontario and inconvenient for small businesses like Fortis who have been ready for a while now.

RCGA wrote: ↑ Not a member of GL, but was a member of another full-service gym. We lost:

• Half of our fitness center equipment
• Showers
• Towel Service, Hot Tub & Saunas
• Fans
• Hair Dryers
• Swimming Pool
• Squash Courts

I won't be back.

RCGA wrote: ↑ Not a member of GL, but was a member of another full-service gym. We lost:

• Half of our fitness center equipment
• Showers
• Towel Service, Hot Tub & Saunas
• Fans
• Hair Dryers
• Swimming Pool
• Squash Courts

I won't be back.

superscoots wrote: ↑ Wow, you've basically confirmed my cancelation lol

n0thing wrote: ↑ I'm looking to cancel my GL (paid corporate rate for the year), but there probably will be a fee. Anyone wants to take over my plan?

rilles wrote: ↑ I wish I had paid monthly... 4 months of no gym waiting for them to open so I can cancel (if I can, also corp rate)

maple1 wrote: ↑ They just announced that face masks will be mandatory in gyms here in Toronto. Which will probably be the end of a lot of gym locations.

All GoodLife associates will be required to wear masks, with the exception of group fitness instructors who are actively teaching a class.

Jenny1975 wrote: ↑ For members?? They already stated that they would be required for associates:

maple1 wrote: ↑ Yes, for members at least here in Toronto but this from the city not the gym.

Jenny1975 wrote: ↑ Really eh. Yikes, I can't imagine exercising while wearing a mask, particularly if doing anything intense. Meanwhile, obesity is considered a major risk factor for covid...

lensbuyer wrote: ↑ I assume you cannot share equipment? I am just wondering how that will go with using dumbbells or other strength equipment.