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.
The Market and Financial Translation:
Franchised Units: 650+ sold/250+ open (Xponential wide -- 3,050 open locations, 6,250 licenses awarded)
Company Owned Units: 0
States Registered In: FDD filed and registering in all states
Canada Franchises: Yes
International Franchises: Not accepting international referrals at this time
Minimum Net Worth: $500,000
Cash Investment: 100,000
Franchise Fee: $60,000
Royalty: 7%
Ad: 2%
Average Number of Employees: 8-10
Item 19: Yes
Visa Candidates: Yes
Passive Ownership: Yes - Semi-Absentee Ownership: The franchisee will need to hire a general manager for day-day operations.
Home Based: No
B2B: No
Master Franchise Opportunities: No
Veteran Discount: No
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:
Strong Starts
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
Ongoing Support
Monthly support calls–to track business progress
KPI training
2X yearly field support visits –BiAnnual Review
Turn key annual marketing calendar
Marketing Support
WHAT KIND OF FRANCHISEE ARE WE LOOKING FOR?
Great business partners to work with
Looking to follow the play
Manage the manager skills
Personable communication skills
Ability to manage KPI’s
People who want to make a difference in the community
Looking to be a part of something bigger than themselves
Financial requirements of 500K net worth and 100K in liquidity