TL;DR
YogaSix, the largest franchised yoga brand in the US, has over 200 locations open and 600 signed franchise agreements, offering a range of heated and non-heated yoga classes and meditation. The brand was founded in 2012 and acquired by Xponential in 2018, with a total estimated initial investment of $355,945 - $508,145 to open a franchise.
REPORTED COST TO GET IN: $355,945 - $508,145
REPORTED ROI (Item 19): $34,700 (average monthly gross revenue Feb. 2023)
YogaSix is the “largest franchised yoga brand” in the United States that offers a broad range of heated and non-heated yoga classes, boot camp style fitness classes and meditation accessible to all. Classes range from hot yoga and slow flow to power and sculpt flow, ensuring an inclusive environment for all participants.
YogaSix was founded in 2012 in San Diego. In 2018, YogaSix was acquired by Xponential and began franchising the concept. Today, with over 200 locations open and a whopping 600 signed franchise agreements, the brand has been ranked in Entrepreneur Magazine’s Fastest-Growing Franchises and Top New Franchises. New YogaSix studio sites will include Atlanta, Boston, Dallas, Denver, Detroit, Phoenix and Long Island, New York.
As a boutique fitness brand, YogaSix is attempting to evolve and modernize yoga studios by offering consumer-focused concepts and products to serve people of all ages. Franchisees are responsible for operating a fitness studio and employing knowledgeable fitness professionals who can offer yoga classes and fitness training.
YogaSix's business model emphasizes accessibility and inclusiveness, offering a recurring revenue model primarily from monthly membership dues. Additional revenue streams include retail sales and teacher training programs. The franchise prides itself on a community-focused member experience, supported by extensive and ongoing training and support for franchisees??????.
The brand’s 2023 Franchise Disclosure Document outlines financial representations for YogaSix studios between the period beginning on March 1,2022, and ending on February 28, 2023. How Much Does It Cost to Open a YogaSix Franchise?
Initial Franchise Fee: $60,000
Initial Training Program Fee: $0 - $0
Travel and Living Expenses While Training: $0 - $3,000
Real Estate/Lease and Professional Fees: $19,000 - $40,000
Net Leasehold Improvements: $166,000 - $272,000
Signage: $13,000 - $19,000
Insurance: $1,200 - $2,600
Lease Payments in Connection with Fitness Equipment and Other FFE Package: $2,200 - $10,500
Pre-Sale and Soft Opening Retail Inventory Package: $12,000 - $12,000
AV Package and Computer System: $48,000 - $48,000
Initial Marketing Spend, including amounts on Opening Support Program: $15,000 - $15,000
Teacher Training Facilitator Training Program Tuition Fee: $3,000 - $4,500
Music and Technology Fee: $1,545 - $1,545
Additional Funds - 3 Months: $15,000 - $20,000
Total Estimated Initial Investment: $355,945 - $508,145
The franchise fee required to open a YogaSix franchise is $60,000.
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This story was originally published in 1851 Franchise on June 9, 2024. Burnaze summarizes and links to the original reporting.
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