YogaFit

YogaFit Studios give members 24/7 access to state-of-the-art studios. A first of its kind in the fitness industry. Yogafit studios offers a selection of both live classes and virtual on-demand classes from which to choose from.

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YogaFit Franchise Cost and Requirements for 2024

Background

About YogaFit

YogaFit is part of the Lift Brands Elevated Wellness Companies, the world's largest wellness franchise organization. The organization is made up of six fitness brands: Snap Fitness, 9Round, Kosama, Fitness On Demand, STEELE 365, and YogaFit. Between them, Lift Brands has 3,000 clubs open or in development in 18 countries. To date, people around the world have enjoyed upwards of 165 million workouts with us. Franchisees have been wildly successful partnering with Lift Brands, thanks to our simple process, turnkey systems, financing options, and world-class support. With names like Snap Fitness and 9Round, our organization has proven brand power. You're working with experienced professionals who understand what it takes to make a difference for you and your business.
 

Why YogaFit?

YogaFit Studios were founded with a very simple goal in mind: make it easy for busy people to enjoy the best of what yoga has to offer-on their terms and their schedule.

Your Body.
YogaFit is about strength, flexibility, and stress management for people who love movement. It's about fitness over fashion, and finding your inner balance, beauty, and confidence.

Your World.
A portion of all YogaFit dues go to help those in need around the world. It's about connecting with each other and the larger community by making a difference in people's lives.

Your Schedule.
YogaFit enables busy people to enjoy the amazing health benefits of yoga in the midst of their hectic schedules by offering live and virtual on-demand classes, available 24/7.

Company Details

Established: 2014
First Unit Franchised: 2014
Franchised Units: ?36 (4 are open)
Company Owned Units: 1
States Registered In: All
Canada Franchises: Not at this time
International Franchises: Not at this time

Support and Training Offered By YogaFit

Financial Assistance Provided: Yes
Site Selection Assistance: Yes
Lease Negotiation Assistance: Yes
Recruiting Assistance: No
Co-Operative Advertising: No
Training:  From the moment a franchise owner signs an agreement, our in-house team provides unrivaled support in all aspects of opening and growing the business.  YogaFit Studios is in the Lift Brands family of fitness franchises that includes Snap Fitness.  The infrastructure of support that is provided to the Snap Fitness Franchisees is the same as our YogaFit Studio franchisees receive!

1.     Financing - In-house finance division to coordinate equipment-financing programs offered through preferred vendors.

2.     Location Selection- Site selection assistance, including lease negotiation.

3.     Studio Build-Out - Dedicated in-house support team to help with planning, execution of studio build-out.

4.     Pre-Opening Training at YogaFit University -

  • Four and a half days at Corporate Headquarters learning about the aspects of this proven franchise concept.
  • One-on-one interaction with any corporate staff member, other franchisees and our senior leadership team to get all the information and support needed.
  • Education on marketing your business, selling memberships, ramping up new members and business management.

5.     Grand Opening Support - Fully integrated marketing campaigns to help get the word out about the studio, including print campaigns as well as a focus on social media.

2024 Franchise Requirements Needed to Own a YogaFit Franchise.

What does a YogaFit Franchise Cost?

YogaFit franchise fees for 2024:

Cash Investment :$45,000 liquid assets
Total Investment: $93,200 - $199,300
Minimum Net Worth: $75,000
Franchise Fee: $25,000 for 1 studio, $60,000 for 3
Royalty: The greater of 5% of Gross Revenue or $500/month
Ad: 2%
Average Number of Employees: Each studio has a manager or owner operator, in addition to several instructors (4-8). The amount of instructors will vary depending on how many classes each person can teach and how many classes are offered. It is recommended to start with at least 6 live classes each and eventually work up to 10-15. 

Passive Ownership: No
Home Based: No
B2B: No

Master Franchise Opportunities: No

Is YogaFit a Semi Absentee Franchise with a Passive Ownership Opportunity?

No. YogaFit is not a semi absentee franchise. The owner of the franchise (the franchisee) is expected to be involved in all aspects of day-to-day operations.

Is YogaFit a Home Based franchise?

No. YogaFit is not a home based franchise opportunity.

What Do YogaFit Franchise Owners Make?

Click here to find out how much YogaFit franchisees make. YogaFit offers an Item 19 in their Franchise Disclosure Document which provides financial information about select franchisees in their franchise system.

Is YogaFit a Master Franchise Opportunity?

No. YogaFit is not a master franchise opportunity.

Does YogaFit Offer a Veteran Discount?

No. YogaFit franchise does not offer a veteran discount.

Does YogaFit Work with E2 Visa and EB-5 Visa Candidates?

Yes. YogaFit franchise does work with E2 Visa and EB-5 Visa candidates.

Is YogaFit Looking for Franchisees in Canada?

No. YogaFit franchise is not looking for Canada franchisees.

Is YogaFit Looking for International franchisees?

No. YogaFit franchise is not looking for International franchisees.

Where can I see YogaFit's FDD (Franchise Disclosure Document)?

Buying a Franchise Guide: What is a Franchise Disclosure Document?

When evaluating a franchise opportunity, reading and understanding the current version of their FDD is a necessity. Considering the benefits of franchising, such as established brand recognition and support from the franchisor, it's important to also take into account franchise fees and franchising royalty fees. Since most franchisors are privately owned companies, the current versions of their FDDs are typically not available unless requested directly from them.

Click here to connect with a Franchise Consultant who can help you obtain a copy quickly and for free. They can also guide you through the essential franchise questions to ask, ensuring you make a well-informed decision about your investment.

Additional Information

Additional Categories

Fitness, Health, Beauty & Nutrition, Miscellaneous & Unique, Retail, Non Food Franchises

Number of Units Open

20-50 UNITS

Cash Required

$25,000 - $50,000

Master Franchise

No

Passive Franchise

No

Home Based Franchise

No

Item 19 Franchise

Yes

Veteran Discount

No

B2B

No

Franchise Opportunities in Canada

No

International Franchise Opportunities

No

E2 Visa Franchise

Yes

YogaFit Franchises for Sale

Click Here to inquire about existing YogaFit franchises for sale. We may have YogaFit franchise resales. A franchise resale is an already established franchise owned by a franchisee and the franchisee is looking to sell their franchise.

The International Franchise Professionals Group (IFPG) is an internationally recognized membership-based franchise organization. IFPG Franchise Consultants guide aspiring business owners through the process of identifying and investing in franchise businesses. The IFPG represents more than 550 franchises. We do not represent all franchises listed here. By clicking on "Request a Consultation," you are agreeing to be contacted by one of our Certified Franchise Consultants to discuss franchise ownership.

About our rankings: The IFPG uses its internal data collected from our membership portal to identify which franchises had the most activity in the past week. This ranking system is not based on franchise sales, franchisee success rates or number of units open. Our ranking system should not be used to make a decision on which franchise to buy it was solely created for internal purposes and for our IFPG Members.