- 2024 Franchise 500 Rank
-
#472 Ranked #494 last year
- Initial investment
-
$356K - $508K
- Units as of 2023
-
188 224.1% over 3 years
If you've ever wanted to start your own business in the fitness industry but want to avoid building a brand from scratch, joining YogaSix as a franchisee could be the perfect solution.
A YogaSix franchise could set your business up for success and allow you to provide fitness-focused services to people in your local area.
YogaSix is a yoga studio franchise in particular. If you’re looking for a proven concept for providing your community opportunities to experience yoga workouts, YogaSix may be an excellent opportunity.
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. Yoga is more popular than ever, so it might be the perfect time to start your yoga studio with YogaSix.
When you start a YogaSix franchise, you don’t just operate a fitness studio. You’ll also employ knowledgeable fitness professionals who can offer yoga classes and fitness training.
Think of your future studio as a one-stop shop for yoga enthusiasts in your town. If you’re not sure where to start, read on.
Why should you start a YogaSix Franchise?
You might consider beginning a YogaSix franchise in your local area or market for many reasons.
For starters, YogaSix has experienced proven success in various competitive markets and has excellent market potential. Thanks to this first-mover advantage, you can use YogaSix’s brand marketing and current brand loyalty to get new fitness studio sign-ups quickly.
Remember, yoga training and classes led by experienced instructors are more popular than ever. Therefore, there’s no better time to enter this industry than now.
In addition, YogaSix provides all franchisees with an executive model. As a result, the franchise model is entirely scalable. You can determine your success by leveraging development costs and vendor relationships with YogaSix corporate to launch your studio and grow it over time with little to no risk.
Perhaps more importantly, YogaSix provides extensive support and training for all new franchisees every step of the way.
Whether you have experience as a business owner or are beginning your first franchise opportunity, YogaSix will give you the tools and experience you need to complete the job. You don’t have to become a fitness instructor yourself, of course.
On top of all those benefits, YogaSix offers relatively low-cost entry compared to other franchise models. With exceptional EBITDA margins, YogaSix franchisees can start their studios without breaking the bank.
Overall, YogaSix has experienced about 450% growth year-over-year for the past six years – there’s little to indicate that the franchise will also slow down soon.
Does YogaSix grant exclusive territory?
There are exclusive territory opportunities for new YogaSix franchise owners to place their Xponential Fitness real estate. This means you won’t have to compete with other YogaSix studios from the same brand for the same limited target market of wellness customers.
Instead, you can grow your studio while focusing on providing top-notch services and products to your core customers.
YogaSix doesn’t want its franchisees to compete against each other, especially since there are only so many yoga studios you can have up and running in a specific area.
Generally, your YogaSix store will enjoy an exclusive territory of some square miles contingent on your local market’s total population and whether or not there are already YogaSix studios in the area. This way, your business opportunity will offer your target group empowering and energizing fitness classes.
What are current franchisees saying about YogaSix?
YogaSix’s current reviews from franchisees are universally positive. As a supportive franchisor, YogaSix gives new franchisees what they need to succeed by providing extensive training and support resources, even as one of the fastest-growing franchise businesses.
More importantly, the YogaSix business model is scalable and sustainable over the long term.
Fitness is a consistent product and service; by offering a great studio at which your customers can perform yoga and you can provide yoga classes, you'll offer a long-term benefit that will bring in consistent revenue for a long time.
Thus, a YogaSix franchise could be the perfect fit if you are looking for a consistent, scalable business that you won’t have to worry about becoming irrelevant over the next 10 years or more.
Related: What’s Up With Open Yoga Studios in COVID-19 Hotspots?
What support resources does YogaSix offer franchisees?
YogaSix offers a variety of support resources for its upcoming franchisees.
These support resources begin with lease negotiation and site selection assistants. When finding the perfect spot for your yoga studio, YogaSix’s corporate offices will send someone to help and ensure you get a suitable building and grounds.
Once your store opens, YogaSix will provide grand opening assistance and security and safety training so you can keep your studio safe for a long time.
As you run your business, you’ll benefit from proprietary software, access to corporate newsletters and several meetings and conventions. The franchisee intranet platform will allow you to connect with corporate if you have questions later.
YogaSix also gives you access to designated fitness studio ad templates, so you don’t have to create your marketing materials from scratch. It also provides SEO or search engine optimization assistance, so you can ensure that your website appears on Google search engine results pages consistently.
Furthermore, YogaSix provides marketing help for social media advertising, website development and email marketing.
To keep people returning to your yoga studio repeatedly, you’ll get access to the proprietary YogaSix loyalty program and app, which rewards those repeat customers who join your studio.
Regional advertising assistance and market analysis are available, as well. With this resource, you can make marketing ads that resonate with the people in your target audience.
This can provide a double benefit; your target audience will feel like your studio is local and unique instead of overly corporate or generic.
Related: Court Puts the Bikram Hot-Yoga Empire On Ice
How much does starting a YogaSix franchise cost?
Before you begin a YogaSix franchise studio, you must know how much it will cost. Your initial franchise fee will be about $60,000; the minimum net worth required is $500,000. On top of that, YogaSix wants all franchise candidates to have about $100,000 in liquid cash.
In total, expect to make a total investment of between $300,000 and $500,000. That’s far from the most expensive franchise opportunity out there. Your initial investment in this boutique yoga brand could be well worth it if you sign a good franchise agreement.
As you grow, you’ll have to pay royalty fees of 7% and ad royalty fees of 2%. Those, as well, are far from unreasonable. Your term of agreement will be good for 10 years; if all goes swimmingly, you can renew it with the same turns after the fact.
Does YogaSix provide financial aid?
YogaSix does offer financial aid via third-party financing sources. You can receive additional monetary coverage for startup costs, the franchise fee, accounts receivable and inventory through these financing sources.
Related: Desk Yoga to Improve Your Posture
How much training is required to start a YogaSix franchise?
To succeed with your YogaSix franchise, you'll want to be trained by the brand. That's why YogaSix provides 59 hours of dedicated classroom training for you and other future business owners, such as on-site managers.
The training program, in total, clocks in at about 87 to 88 hours. After you finish your classroom training at corporate in Irvine, California, you’ll receive on-the-job training with a dedicated business consultant.
This franchise opportunity has no online training, but that’s a good thing. You’ll need to know how to communicate with customers and provide yoga lessons.
Of course, you don’t necessarily have to do the yoga training in your fitness studio yourself. You can hire practiced yoga instructors. Still, you must know the basics to provide stellar service for your future clients.
Related: How the Founder of Y7 Studio Built a Thriving Yoga Company in a Very Crowded Industry
Start a YogaSix franchise today
Now you know what it takes to start a YogaSix franchise from start to finish. Consider contacting YogaSix to ask about franchise opportunities today.
Check out Entrepreneur’s other articles for more information about YogaSix and other franchise opportunities.
Company Overview
About YogaSix
Industry | Health & Wellness |
---|---|
Related Categories | Yoga Fitness, Fitness |
Founded | 2012 |
Parent Company | Xponential Fitness |
Leadership | Anthony Geisler, CEO |
Corporate Address |
17877 Von Karman Ave., #100 Irvine, CA 92614 |
Social | Facebook, Twitter, LinkedIn, Instagram, YouTube |
More from YogaSix
YOGASIX FRANCHISE
OPPORTUNITY
JOIN US IN SHARING A NEW APPROACH TO YOGA
YOGASIX FRANCHISE
![](https://assets.entrepreneur.com/static/20181016090039-abouty6-img.png?width=600)
Yoga created boutique fitness as we know it. At YogaSix we are changing the way people think and experience yoga. In yoga, every day is different, but there is always room to learn, grow and keep seeing results. The more we learn, the stronger we get, the better we feel physically and mentally. Yoga is a mental practice as much as it is physical. Our yoga and fitness classes allow our members to define their own success, from one day to the next - to customize their practice. We help members connect to themselves in a way that is energizing, empowering, and fun. With an established and loyal following, YogaSix is a modernized yoga brand that promotes accessibility and is poised for nationwide adoption.
WHY OWN A YOGASIX STUDIO
- FIRST MOVER ADVANTAGE
With a proven concept in a number of competitive markets, YogaSix has extensive market potential - be the first to bring YogaSix’s truly unique and modern approach to Yoga to your local market! - EXTENSIVE SUPPORT
We believe extensive training drives your success - from lease negotiation to build out, recruitment to finance, and sales & marketing to sustainable business, you’ll be supported every step of the way! - EXECUTIVE MODEL
Our franchise model provides a completely scalable business, allowing you to determine your own success. Leverage development costs and national vendor relationships to launch your studio successfully. - INVESTMENT
Enjoy a low-cost entry, a recurring revenue model, truly exceptional EBITDA margins and the confidence in our team that has more than 25 years of experience in fitness franchising.
Our Values Speak Directly To Your Journey With YogaSix
FUN
Bring the 'fun' back into your career - define your own joy
ENERGETIC
Bring new life and a thrilling new approach to yoga to your community
CONFIDENT
With the modality that defined boutique fitness and a team with 25 years in fitness franchising, enjoy the confidence that our franchise model and support can create a thriving YogaSix studio.
ACCEPTING
Build an empowered, connected and welcoming community well beyond your studio walls.
What we look for in a Partner
We're looking for franchise owners who are outgoing and have sales, marketing, and/or management experience, and who are results oriented with a real passion for our brand and our mission to bring a new approach to yoga to market. A person who can build relationships, lead a team, and who has the motivation to excel!
Next Steps
Learn more about YogaSix and how to bring it to your market! Fill out the request form and one of our YogaSix representatives will get back with you shortly.
Business Overview
Franchising Since | 2018 (6 years) |
---|---|
# of employees at HQ | 33 |
Where seeking |
This company is offering new franchises throughout the US. This company is offering new franchises in the following international regions: Asia, Australia/New Zealand, Middle East, Europe (Eastern), Europe (Western), Central America, Canada, South America, Mexico |
# of Units | 188 (as of 2023) |
|
Information for Franchisees
Here's what you need to know if you're interested in opening a YogaSix franchise.
Financial Requirements & Ongoing Fees
Here's what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.
Initial Franchise Fee
|
$60,000 |
---|---|
Initial Investment
|
$355,945 - $508,145 |
Net Worth Requirement
|
$500,000 |
Cash Requirement
|
$100,000 |
Royalty Fee
|
7% |
Ad Royalty Fee
|
2% |
Term of Agreement
|
10 years |
Is franchise term renewable? | Yes |
Financing Options
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
Third Party Financing | YogaSix has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory, accounts receivable, payroll |
---|
Training & Support Offered
Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.
Classroom Training | 23 hours |
---|---|
Ongoing Support |
Purchasing Co-ops
Newsletter
Meetings & Conventions
Grand Opening
Online Support
Security & Safety Procedures
Lease Negotiation
Field Operations
Site Selection
Proprietary Software
Franchisee Intranet Platform
|
Marketing Support |
Co-op Advertising
Ad Templates
National Media
Regional Advertising
Social Media
SEO
Website Development
Email Marketing
Loyalty Program/App
|
Operations
Additional details about running this franchise.
Is absentee ownership allowed? | No |
---|---|
Can this franchise be run from home/mobile unit?
|
No |
Can this franchise be run part time?
|
No |
# of employees required to run | 8-12 |
Are exclusive territories available?
|
Yes |
Franchise 500 Ranking History
Compare where YogaSix landed on this year's Franchise 500 Ranking versus previous years.
Additional Rankings
Curious to know where YogaSix ranked on other franchise lists? Find out below.
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