Yoga Six is a yoga studio brand offering a range of yoga classes, including vinyasa, hot yoga, and yoga sculpt, for all skill levels. The franchise emphasizes physical and mental wellness in an inclusive environment.
Key Insights
- Yoga Six began with a vision to make yoga accessible and empowering for everyone, evolving into a recognized brand with a strong foundation and a clear purpose. The business has grown by focusing on a welcoming atmosphere and diverse class offerings designed to meet the needs of a broad community.
- The franchise operates a studio model providing a variety of yoga classes, from beginner-friendly sessions to more advanced practices. Memberships and class packages offer flexible options for individuals to engage with the offerings, supported by dedicated instructors and community-focused engagement.
- Operating within the health and wellness sector, Yoga Six is part of an industry experiencing consistent growth. This market encompasses fitness, mindfulness, and personal well-being, indicating ongoing demand for services that promote a healthy lifestyle and mental clarity.
Franchise Fee and Costs to Open
Exploring the financial picture of Yoga Six gives insight into both the upfront commitment and the potential revenue opportunity. According to FDD Item 7, opening this franchise typically involves an investment in the range of $529,233 - $826,265, along with a franchise fee of $60,000 - $60,000.
Financial Performance and Revenue
Yearly gross sales of $467,735 and estimated earnings of $70,161 - $84,193 show the potential financial performance of this franchise. These figures are crucial for prospective franchisees as they help to project revenue and profitability. They offer insight into the business's ability to generate income and can be used to compare its performance against other investment opportunities. The Franchise Payback Period of 9.3-11.3 provides an estimation of the time it might take for an owner to recover their initial investment. This metric is a key consideration for anyone evaluating the financial viability of a franchise, as it relates directly to the speed at which the business can become profitable. A shorter payback period can indicate a faster return on capital, which is a significant factor in making an informed decision about a franchise investment.
Training and Resources
Yoga Six provides new franchisees with comprehensive training. This initial program offers a blend of online modules and in-person instruction. The in-person component, lasting approximately two weeks, takes place at Yoga Six headquarters. Resources are provided to support business development and operational understanding.
Legal Considerations
Legal considerations for a Yoga Six franchisee are outlined in the Franchise Disclosure Document (FDD) and the Franchise Agreement. Note that this franchise discloses lawsuits and/or bankruptcy information in its FDD, which may impact your evaluation. Subscribe now to access more details and be sure to consult a qualified attorney before proceeding.
Challenges and Risks
A franchisee entering the Yoga Six model should consider navigating a dynamic local market with existing yoga studios and fitness centers. Managing studio operations, including staff scheduling and maintaining class quality, requires consistent attention. Furthermore, reliance on specific equipment or branded merchandise suppliers may present supply chain considerations that impact inventory and customer experience.
Franchise Datasheet
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