OPEN TO OFFERS—Established Toronto Yoga Studio

Asking Price$225,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross RevenueNot Disclosed

InventoryNot Disclosed

FF&ENot Disclosed

Save1/6

OPEN TO OFFERS—Established Toronto Yoga Studio


Asking Price$225,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross RevenueNot Disclosed

InventoryNot Disclosed

FF&ENot Disclosed


Seller Financing Available
Business Description
The Hummingbird Field is an independent yoga and mat Pilates studio on Bloor Street West in Toronto’s Bloor West Village. It ran as a Modo Yoga franchise before rebranding as an independent, and is open 364 days a year (closes only for Day of Pause).

With the wellness/physical fitness landscape changing toward higher intensity movements and expanded in-house offerings, the current owner is not interested in pivoting/updating current offerings to this community.

Overall space is 3000 sq.ft., with high ceilings, large windows, and a 1250 sq.ft.sun-filled practice room. Spacious Women and Men change rooms with showers/sinks/toilets/benches, a private change room, large client lounge with flowing, air conditioned reception area, and separate staff office. Sizeable coat/footwear area, filtered water station, thoughtfully designed prop storage, and a fully functional cleaners closet with newer LG washer and dryer, bar fridge, and kitchen and mop sinks. Hot water is on demand and capable of comfortably supplying all six showers. iMac desktop and two iPads included. Exclusions; some artwork.

Bright, double-glazed windowed practice room is spray foam insulated, complete with 14 solid state (low demand) radiant heating ceiling panels with programmable thermostat, and manually controlled HRV unit. Stereo receiver with Bluetooth device feeds moisture-resistant surround-sound speakers with buried wires. Floor is sustainable 1/2 inch hardwood bamboo, with 6’ wide mirrors on long wall.

Included are all rental mats, rental towels, water jars, and all props including massage balls, Pilates squishy balls and hand weights, bolster cushions and blankets. All furniture included—some artwork excluded.

Parking for four staff vehicles behind the building. A 2-minute walk from Jane TTC station, and a 5-minute drive from the Gardiner Expressway. Surrounded by Green P street parking/parking lots, and free side-street municipal parking.

The studio delivered 1,376 classes and 20,471 client visits between 1 January and 18 September 2026, across 2,351 clients and a teaching team of 24.

All sales, membership and attendance history sits in Mindbody and is available for a serious buyer to review directly.

A manager (with 10 years experience) primarily runs the studio day to day and a devoted teaching team is in place, so a buyer is not starting from an empty roster. The space is very clean, beautifully built out and smoothly operating, with a high Google Reviews rating.

As of this quarter, the studio is not currently profitable, recording a loss of $12,579 on income of $220,311 for the six months to 30 June 2026. Rent is $9,000 a month + HST—and new client sign-ups are running about 25 a month against 39 in 2025. Those two numbers are the work a new and enthusiastic owner takes on.

This highly respected studio is offered as a turnaround venture—not as a cash-flowing business. What transfers is a well designed and clean studio in an established neighbourhood, a live membership base, a staffed team, a recognized local brand, and an assumable lease. Motivated owner is inviting all offers.
About the Business
Years in Operation
20
Employees
29 (2 Full-time, 6 Part-time, 21 Contractors)
Oversized/unrealistic payroll due to owner’s general unavailability
Facilities & Assets
Independent yoga and mat Pilates studio on Bloor Street—ran as a Modo Yoga franchise for 17 years before rebranding.

The studio delivered 1,376 classes and 20,471 client visits between 1 January and 18 September 2026, across 2,351 clients and a teaching team of 24.

A manager runs the studio day to day and the teaching team is in place, so a buyer is not starting from an empty roster.

Rent is $9,000 a month + HST, roughly a quarter of annualized revenue, and new client sign-ups are running about 25 a month against 39 in 2025. Those two numbers are the work a new owner takes on.

This opportunity is offered as a turnaround, not as a cash-flowing business. What transfers is a high-integrity, built-out studio in an established neighbourhood, a live membership base, a devoted staffed team, a recognized local brand, and an assumable lease. Offers are invited.
Website
Show Website URL
Market Outlook / Competition
Bloor West Village is an established, walkable neighbourhood on a main Toronto Transit Subway line, with a built-in, and rapidly growing residential catchment. Local demand has shifted toward Pilates and higher-intensity formats; the studio currently offers yoga and some mat Pilates and has no reformers. The physical space is vey amenable to changing exercise formats, though the current owner is not interested in exploring other trends of movement.
Opportunities for Growth
There is unused room in the schedule the studio already runs. Classes currently average 14.9 attendances against a stated capacity of 46 places, and no-shows and late cancellations together run under 4% of booked visits, so the constraint is demand rather than delivery. The clearest paths are rebuilding new-client acquisition, which is running about 25 sign-ups a month against 39 in 2025 and 43 in 2024, adding the formats the local market has moved toward, and renegotiating occupancy cost. Third-party aggregator visits rose sharply in 2025 and are recorded in Mindbody at nil revenue, settling separately, so yield per visit is a second area to work on.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
3,000
Rent
$9,000 per month
About the Sale
Seller Motivation
Owner not interested in changing/updating current product
Transition Support
Owner will support a transition and is open to discussing what that looks like with a serious buyer.
Financing Options
TBD
Listing Info
ID
2554519
Listing Views
118
Business Location

Listing ID: 2554519 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.