Movers could be seen at the Courtenay location on Wednesday morning. Photo by Scott Strasser.

VI Fitness files for bankruptcy

A fitness company with eight gyms located across Vancouver Island has filed for bankruptcy.

According to a statement on its website, VI Fitness Centres Inc. filed for bankruptcy on Tuesday, May 1 and has permanently closed all its locations.

“Despite the company’s best efforts, our business model was no longer sustainable due to an increasingly competitive landscape,” reads the statement.

“We can no longer afford to keep the business operating at a loss. We sincerely regret the impact our closure will have on our members, employees and business partners, and truly appreciate their support over the years.”

The statement recommends that patrons and employees of VI Fitness contact the Bowra Group, a licenced insolvency trustee firm in Vancouver.

Read More: Patrons, staff shocked to find VI Fitness facilities permanently closed

VI Fitness had four locations in Greater Victoria, two in Nanaimo, one in Courtenay, and one in Campbell River.

A moving company could be seen at the Courtenay location on Wednesday morning, emptying the gym of cardio equipment. Signs pinned to the gym’s door explained the bankruptcy situation and told employees to contact the Bowra Group about possible recovery of unpaid wages.

According to personal trainer and fitness instructor Carol Hardy, who worked there, employees were only notified of the bankruptcy around midnight the night before. She said the Courtenay facility (which was for women only) employed “three personal trainers, [and] probably six people at the front desk,” as well as 10 or 12 group fitness instructors.

She believed the gym — which opened in 2004 — had “hundreds” of patrons.

“Obviously we’re very disappointed and really sad,” said Hardy. “Sorry to have lost a job, but more sorry about missing all the ladies who come here every day. So many success stories.”

Many VI Fitness patrons throughout Vancouver Island only learned about the bankruptcy when they arrived for morning workouts on Wednesday. On the gyms’ Facebook pages, some patrons wrote that they had already paid their membership fees for May.

“It’s been a wonderful fitness club, I’m really disappointed,” said Phyllis Campanello, a long-time patron of VI Fitness’s gym in Oak Bay. “It’s a sad and story that this has happened because this has also been a community meet here.

“We had no idea anything like this was going on, I’m devastated.”

—With files from Nicole Crescenzi/Oak Bay News

Just Posted

First responders collaborate to rescue man at Battleship Lake

RCMP, Comox Valley Ground Search and Rescue and BC Ambulance all involved

Courtenay’s G.P. Vanier school year start-up delayed one day

Summer construction work at Comox Valley school not completed in time for opening day

Motorcycle stolen from Courtenay residence

Comox Valley RCMP report, week ending Aug. 20

Transit service expansion rolling into the Comox Valley

4,000 service hours added to CV Transit System

Social media, digital photography allow millennials to flock to birdwatching

More young people are flocking to birdwatching than ever, aided by social media, digital photography

Vehicle fire on the Coquihalla

Heavy congestion in north bound lanes

Prime minister greeted by B.C. premier as cabinet retreat begins

PM Justin Trudeau and Premier John Horgan meet in advance of federal cabinet meetings in Nanaimo

Are your kids anxious about going back to school?

BC Children’s Hospital offers tips to help your children be mindful and reduce stress

New trial ordered for James Oler in B.C. child bride case

Meanwhile, appeal court dismisses Emily Blackmore’s appeal of guilty verdict

This trash heap in Vancouver could be yours for $3.9 million

Sitting atop 6,000 square feet, the home was built in 1912, later destroyed by fire

Team Canada’s next game postponed at Little League World Series

They’re back in action on Wednesday against Peurto Rico

Ex-Trump lawyer Cohen pleads guilty in hush-money scheme

Said he and Trump arranged payment to porn star Stormy Daniels and a former Playboy model to influence the election

Former Trump aide Paul Manafort found guilty of eight charges

A mistrial has been declared for the other 10 charges against him

Most Read