Buying or selling an existing Oxygen Yoga & Fitness studio in Ontario means buying a membership-based fitness business — the specialized studio buildout (heating systems, flooring, mirrors), an active membership base with recurring billing, and a roster of certified instructors all move with the studio, alongside the brand's class formats and systems. The lease and the membership base together tend to drive value more than the equipment on its own.
Oxygen Yoga & Fitness resales follow the franchisor's own approval process on top of the usual purchase mechanics — here's how the two run together.
Getting approved
The offer sets price and terms, conditioned on franchisor consent and a review of the membership base and its recurring-billing standing.
1–2 weeks†The franchisor reviews the buyer and deal terms, and may exercise a right of first refusal to take over the studio itself instead of approving your purchase.
3–6 weeks, typically†Arthur Wishart Act disclosure may still be required even where the deal is framed as a private resale — Ontario courts read the resale exemption narrowly, so this gets confirmed early rather than assumed.
assessed early, in parallel†Getting to closing
Landlord's consent to assign, alongside confirming the specialized heating, flooring, and fit-out built for the studio's class formats.
2–6 weeks†The incoming owner and any retained instructors complete brand training on class formats and studio systems before the franchisor's final sign-off.
1–3 weeks, often overlapping†Funds, keys, and the new franchise agreement change hands, with membership records and recurring-billing access transferred the same day.
1 day, once conditions are met†CFA-listed franchise; BC-founded chain with numerous locations sold across Canada via its own franchise.oxygenyogaandfitness.com portal.
Ontario named alongside Alberta as an active franchise-available province.
This is the first real decision in a Oxygen Yoga & Fitness resale — and it changes what you're buying, what you're taking on, and how the franchise agreement moves.
| Question | Asset purchase | Share purchase |
|---|---|---|
| What you buy | The studio's assets — leasehold improvements and specialized buildout, equipment, the membership base and its billing records, and the existing franchise agreement, subject to consent. | The shares of the corporation operating the studio — everything it owns, and everything it owes. |
| Franchisor consent & ROFR | Required for the specific studio changing hands — often the pacing condition on the whole deal. | Required for the change of control itself, with the franchisor reviewing who is actually taking over. |
| Membership contracts & recurring billing | Membership agreements and recurring-billing relationships transfer under privacy safeguards, but member consent or notice may be required depending on the billing platform and contract terms. | Membership contracts generally continue without individual re-consent, since the contracting corporation doesn't change. |
| The lease | Specialized studio buildout (heating, flooring, mirrors) needs landlord's consent to assign, timed alongside the franchisor's own consent. | Usually stays in place unless the lease has its own change-of-control clause. |
| Tax angle | Buyer gets a stepped-up cost base on the assets purchased. | Seller may access the lifetime capital gains exemption on qualifying shares. |
| Typical use | The default for a single studio changing hands. | Less common — sometimes used where an operator holds multiple studios under one company. |
The studio's assets — leasehold improvements and specialized buildout, equipment, the membership base and its billing records, and the existing franchise agreement, subject to consent.
The shares of the corporation operating the studio — everything it owns, and everything it owes.
Required for the specific studio changing hands — often the pacing condition on the whole deal.
Required for the change of control itself, with the franchisor reviewing who is actually taking over.
Membership agreements and recurring-billing relationships transfer under privacy safeguards, but member consent or notice may be required depending on the billing platform and contract terms.
Membership contracts generally continue without individual re-consent, since the contracting corporation doesn't change.
Specialized studio buildout (heating, flooring, mirrors) needs landlord's consent to assign, timed alongside the franchisor's own consent.
Usually stays in place unless the lease has its own change-of-control clause.
Buyer gets a stepped-up cost base on the assets purchased.
Seller may access the lifetime capital gains exemption on qualifying shares.
The default for a single studio changing hands.
Less common — sometimes used where an operator holds multiple studios under one company.
We tell you which structure fits — before you sign anything.
No open-ended hourly surprises — the cost is confirmed in writing before any work begins.
| Type of work | Fee | How it's confirmed |
|---|---|---|
| Straightforward purchase or sale | Starting from $3,388.87 Our charges · taxes included | Confirmed in writing once we see the agreement. |
| Larger or more complex deal | Quoted to scope | Short call → fixed written quote before any work begins. |
| Searches, filings & third-party fees | At cost | Itemized on your invoice, not marked up. |
A single Oxygen Yoga & Fitness studio changing hands between one buyer and one seller — a specialized lease, a membership base, and a standard franchisor consent process.
Start my file →An operator selling several studios as one operating company, or a resale where membership attrition, instructor retention, or a right of first refusal needs to be worked through first.
Book a consultation →Not sure which you are? That's our job to figure out, not yours. As a rough guide, most deals under a couple of million dollars are the first kind — above that, you're usually in Mergers & Acquisitions territory.
It can. A studio's fit-out is often purpose-built and costly to replicate, so confirming the landlord's consent covers the existing improvements — and that nothing about the buildout violates the lease's own terms — is worth checking specifically, not assumed from a standard commercial lease assignment.
Generally, yes, as part of the asset sale, but under privacy-law safeguards covering members' health and payment information, and some billing platforms or membership agreements may require individual member consent or notice before the relationship formally transfers.
This is a real risk in membership-based businesses, and it's addressed in the purchase agreement rather than left to chance — how attrition during the transition period affects price, or whether it triggers an adjustment, is negotiated up front.
Quite a bit — certified instructors often have the direct relationship with members that keeps them renewing, similar to stylist retention in a salon. Understanding which instructors are staying on is a meaningful part of diligence, not just a staffing detail.
Not necessarily. Ontario courts have read the resale-disclosure exemption narrowly, and franchisor involvement in the resale can trigger a full disclosure requirement regardless of how the deal is framed.
Related
Where we close franchise resale deals
Treadstone Law is an independent law firm. We act for buyers and sellers of franchise businesses. We are not affiliated with, endorsed by, or retained by Oxygen Yoga & Fitness or its franchisor.
Tell us about your Oxygen Yoga & Fitness resale — we'll point you the right way and confirm the cost in writing before any work begins.