MN-Yoga and Fitness Programs Studio
YOGA SIX is changing the way people think and experience yoga. With modern day yoga instruction, the diverse yoga and fitness programs include movement and intensity to meet the complete needs of any fitness goal and support continuous progression. Whether your focus is on deep stretching, stress relief, or high intensity workouts that challenge you every step of the way, YOGA SIX has a class to fit every fitness level, that is energizing, empowering, and fun. Yoga has been around since the start of boutique fitness. YogaSix is the evolution and modernization of yoga in the fitness boutique space.
Attractive consumer-oriented concept to serve the fast-growing market for boutique fitness
Another Brand from the powerhouse parent Franchisor XPONENTIAL Fitness!!
The Market and Financial Translation:
There is a demand for yoga in every market. Yoga is now a main stream workout accessible to all ages and fitness levels.
Leverages existing awareness and demand by delivering the best offering with best experience in the market
Low cost of entry, franchise ranges from $355,945 - $508,145
YogaSix opened its first studio in 2012 and has 249+ studios operating today
The System Operating Platform Delivers Best in Class Instruction
New programming for core classes provided monthly by Director of Education
Proprietary class offerings
Several signatures Designed class formats in order to fit the needs of all clients
Culture - team-oriented, inclusive, welcoming to all levels and no singling out
Modern Beautifully Designed Studios
High Value Proposition, Reasonable price point
RYT 200-hour yoga teachers are easy to come by
Provide 200 RYT teacher training to train teachers who do not have 200 hour and is a significant source of revenue for the studios
Price: $150,000
Location: Hennepin County, Minnesota
Inventory Included: No
Training & Support: Site Selection Assistance: We will assign franchisee a local commercial RE broker to aid in their site selection process. This broker works on all XPO brands in the market and can leverage relationships with landlords where we have already placed XPO units. We also have a VP of Real Estate on the XPO level who works to build relationships with national REITs and also pre-approves sites throughout the county (we currently have 800+ pre approved sites). Lease Negotiation Assistance: Our XPO RE team & the local broker will help with the LOI & lease negotiations. We also have a panel of pre-approved attorneys to review/approve all lease language. Recruiting Assistance: XPO has a national recruiter who will help franchisees with job postings. Co-Operative Advertising: Yes Training: The System Operating Platform Delivers Best in Class Instruction Monthly support calls–to track business progress
Strong Starts
New programming for core classes provided monthly by Director of Education
Proprietary class offerings
Several signatures Designed class formats in order to fit the needs of all clients
Culture - team-oriented, inclusive, welcoming to all levels and no singling out
Modern Beautifully Designed Studios
High Value Proposition, Reasonable price point
RYT 200-hour yoga teachers are easy to come by
Provide 200 RYT teacher training to train teachers who do not have 200 hour and is a significant source of revenue for the studios
Ongoing Support
KPI training
2X yearly field support visits –BiAnnual Review
Turn key annual marketing calendar
Marketing Support
Owner Qualifications: Oversee Real Estate Site Selection and Lease Negotiation (Corp provides knowledge and support here, additionally have contracted 3rd party vendors to support real estate and construction management)
Oversee Grand Opening (Corp provides knowledge and support here and spends time in-Studio with Owner/Manager after initial training at corporate offices)
Oversee Marketing (Corp provides knowledge, plan and support here)
Manage the Manager(s) (Corp provides knowledge, tools and support here)
Manage Finance/Accounting
Hire, Train, and Manage Manager
IDEAL CANDIDATE: As a SEMI-ABSENTEE model in franchising, YogaSix may be presented to a candidate (with any background) that qualifies based on the required financial criteria. We are looking for franchisees with basic business skills that can manage and motivate a team, have sufficient financial resources, and will follow the blueprint of a proven business model. If your candidate has these qualities, then they are a prime candidate to own a YogaSix Franchise!