Well Known Membership Yoga Franchise

Business Overview:

Well Known Membership Yoga Franchise in Prime Location!

This well known yoga franchise location empowers communities through accessible and immersive yoga experiences by offering
a diverse range of classes taught by trained instructors to foster inclusivity, growth, and transformation for all. Consistent revenues over $300k and this franchise is located in a very affluent western suburb. There is a dedicated Studio/Sales Manager, a lead trainer and 12 more employees that contribute to revenues!! One differentiator is their exclusive loyalty club and strong customer reviews. These sellers did all of the hard work in establishing the brand and location while a buyer will be able to take it over for a fraction of the price! Timing was not their friend with an opening around the pandemic. The total investment necessary within this franchise brand to begin operation of a single traditional studio is $355,945 to $508,145. Get into this opportunity with customers and trainers for less than half of the median investment for start-up. Motivated seller! Inquire within if you're even minutely interested in the fitness franchise category.

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Property Features and Assets:

Monthly Rent: $7,600.00

Square Units (Foot, Meter): 2,820

Lease Expiration Date: January 1, 2030, 12:00:00 AM

Market Competition and Expansion:

Competition: One other yoga franchise nearby and some mom and pop operations that are less of competitors

Expansion: One area of growth that the owners just recently started penetrating, is local business partnerships. For example, having team building workshops or classes together for surrounding businesses provides nice incremental revenue for private classes and events. Also, offering YTT (yoga teacher training) consistently, and marketing it accordingly is a big annual revenue driver that not only creates $10-$20k in incremental annual revenue, but also allows people to get certified as a yoga teach to be potential staff members.
Lease Expiration Date: January 1, 2030, 12:00:00 AM

Reason for Selling:

moving on to other ventures

Additional Details:

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