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Health & Wellness Businesses for Sale in Ontario

6 active listings · median 3.4× SDE multiple

Overview of Buying a Health & Wellness Business in Ontario

Health & wellness covers spas, fitness studios and clinics — categories that benefit from membership recurring revenue.

Ontario is Canada's largest small-business market, anchored by the Greater Toronto Area, Ottawa and a deep manufacturing base across the Golden Horseshoe.

Most owner-operated health & wellness businesses in Ontario are priced at roughly 2.0×–3.5× Seller's Discretionary Earnings (SDE). Businesses with recurring revenue, transferable leases and low owner dependence trade toward the top of that range; those with customer concentration or aging equipment trade lower. Current listings on BizListings.ca in this market show a median of 3.4× SDE.

Frequently Asked Questions

Seller's Discretionary Earnings (SDE) is pre-tax profit plus the owner's salary, perks, interest, depreciation and one-time expenses. It shows the total cash a single owner-operator can take from the business, so most small Canadian businesses are priced as a multiple of SDE — typically 2.0×–3.5× in this category.

Send an inquiry to the seller on BizListings.ca, sign the NDA to unlock confidential details, review the financials and CIM, then submit a non-binding Letter of Intent (LOI) with your price, structure and conditions. Due diligence and the definitive purchase agreement follow.

Typical documents include a Non-Disclosure Agreement, Letter of Intent, an Asset or Share Purchase Agreement, lease assignment, non-compete, bill of sale, and provincial registrations or licence transfers. Work with a Canadian business lawyer and accountant on every deal.

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