Are you a Yoga enthusiast and looking for exciting opportunities in the health and fitness industry? What about starting your own business by taking an modern boutique yoga franchise? You can do so by becoming a YogaSix Franchise.
In this guide, we’ll dive deep in to YogaSix business with capital requirements, fee, profit, and step-by-step guidelines to get this franchise – and answer some common questions about the chain.
- Franchise Fee: $60000
- Royalty Fee: 7%
- Ad Royalty Fee: 2%
- Liquid Capital Required: $100,000
- Net Worth: $500,000
- Total Initial Investment: US $294,836 to $499,236
Table of Contents
Overview of YogaSix Franchise
Established in 2012 by Lindsay Junk, YogaSix is one of the largest franchised yoga brands. With more than 150 studios and over 500 licensed outlets across the globe, the chain has established itself as a prominent and rapidly growing unit in the industry. They offer six different types of classes, from hot and powerful to slow and mindful.
YogaSix chain also offers beginner and sculpt classes, and their trainers provide a consistent but creative experience for each class type every time using a YogaSix methodology.
Please continue reading if you are passionate about health and fitness franchises & this little snippet about the YogaSix chain excites you.
We will offer comprehensive and well-researched information regarding the YogaSix, along with its price, fees, profit margin, and—most importantly—the reason “Why” you need it.
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YogaSix – The Journey
The journey started in 2012 with a mission to change the way people think and experience yoga by offering a wide range of yoga classes such as Y6 101, Y6 Restore, Y6 Slow Flow, Y6 Hot, Y6 Power, and Y6 Sculpt & Flow, which in turn provided a better lifestyle to their learners.
It has helped their learner to lead healthy life and ultimately make YogaSix a profitable yoga chain.
Key facts of YogaSix
|2||Industry||Health and Fitness, Yoga|
|5||Headquarters||17877 Von Karman Ave, Irvine, |
California, 92614, United States
|6||Number of locations||Over 150 franchise and |
500+ licensed locations
|7||Area served||Across the globe|
|8||Owned By||Xponential Fitness|
|9||Classes|| Y6 101, Y6 Restore, Y6 Slow Flow, |
Y6 Hot, Y6 Power, and Y6 Sculpt & Flow
|10||Revenue||Estimated around $35.9 M|
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Why Consider Owning a YogaSix Franchise?
Several questions might arise in your mind if you are considering owning a fitness franchise. Nevertheless, we would try to elaborate more about the opportunities in owning this franchise.
- With a proven concept and a wide range of yoga classes in a highly competitive market, the yoga franchise may provide an additional edge over its competitors. You might be among the first units to offer a unique and modern yoga boutique in your area.
- YogaSix business model is highly scalable, allowing the unitholders to operate a boutique hassle-freely for long.
- It continuous reward programs will help the new franchisee owner to acquire and retain new consumers in their locality and ultimately making a rewarding franchise options.
- The chain believes that extensive training programs drives the boutique’s success. franchisees will be definitely benefitted by their training programs.
- YogaSix offers a robust yoga community that continuously help the franchisee owner to learn the system at their own pace and add value to the society.
- The chain has strong presence of franchised and licensed outlets across the globe, and it has been Ranked in Entrepreneur Magazine’s Fastest-Growing Franchises and Top New Franchises.
- YogaSix offers a low-cost entry, a recurring revenue model, and strong EBITDA margins.
How much does a YogaSix Franchise Cost?
Interested applicants can become a partner by owning a franchise or licensed outlet with all other given details.
To start a YogaSix franchise, one would at least require an initial investment of $294,836 to $499,236 and a Liquid Cash of $100,000. Furthermore, Before choosing a YogaSix boutique location, one must do the market research and understand the market potential and its growth prospects.
YogaSix Franchise Fee
Moreover, the franchise fee for the YogaSix is estimated to be around $60,000, and to be an approved franchisee owner, one must have at least US $500,000 in net worth and US $100,000 in liquid assets.
Additional Cost for YogaSix
Typically, to run and maintain a YogaSix boutique, one must adhere to their standards and are liable to pay a few additional costs such as Royalty fee, advertisement fee, maintenance fee, and a few other investments.
The on-going royalty fee for YogaSix is around 7% and Ad royalty fee: 2%. Lastly, to get a necessary training, the YogaSix may charge an one-time training fee.
|Essentials Cost||Cost and Other Details|
|Franchise Fee||US $60,000|
|Ad Royalty Fee||2%|
|Net Worth||US $500,000|
|Liquid Asset||US $100,000|
|Total Initial Investment||US $294,836 to $499,236|
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YogaSix Franchise Profit Margin
Generally, the boutique industry offers a highly profitable investment. However, the profitability of YogaSix boutique will depend on several factors such as site location, city, and investment capabilities.
However, Interested applicant may anticipate a gross profit margin of 30-35% and a net profit margin of 12-15%.
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What are the support offered by YogaSix?
- Site selection
- lease negotiation
- Staff recruitment and essential training
- Marketing and advertisement
How to get a YogaSix Franchise?
Getting a YogaSix location requires a low investment and in return offers an impressive profit with high EBITDA. Nevertheless, while this franchise may offer several benefits, and interested candidates can take up franchise outlet locally or licensed outlet internationally.
Fill in the personal and location details such as Name, Email, Phone number, street, city, state, and country.
Once you submit the necessary details, the YogaSix business team will review your application and contact you based on their location feasibility.
Considering its development potential, unique offering, proven business model, brand recognition, and more than 10 years of experience in this sector, opening a YogaSix boutique will prove profitable to the interested aspirants.
Furthermore, YogaSix is also seeking qualified applicants from other parts of the globe, which would help them to expand globally and interested candidates to join in the ever-growing industry.
With an Initial investment of US $294,836 to $499,236 and franchise fee of $60000, YogaSix offers a reasonable profit margin to its unitholders.
Good Luck!! Happy Franchising!!
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How much does the YogaSix franchise cost?
Ans: To setup a YogaSix Boutique, one would need to require a investment of US $294,836 to $499,236 as a total Initial cost.
Franchise Fee: $60000
Royalty Fee: 7%
Ad Royalty Fee: 2%
Liquid Capital Required: $100,000
Net Worth: $500,000
Total Initial Investment: US $294,836 to $499,236
Is YogaSix franchise profitable?
Ans: Definitely, Yes! Considering YogaSix global presence, extensive support, and expertise would add value to the chain and ultimately help the interested aspirants to be a part of the modern and unique yoga boutique industry. Furthermore, One may expect a net profit margin of 12-15%, and it may vary location-to-locations.
What are the requirement for YogaSix boutique franchise?
Ans: YogaSix is looking for interested prospect to open a new boutique near to their hometown. The franchise requires new prospects to be result-oriented with a passion to bring new yoga approach to the market.