• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
Menu
  • Home
  • About
    • About Franchise Chatter
    • Contact
    • Privacy Policy
    • Terms of Service
    • Affiliate Disclosures
  • Subscribers Only
    • Login
    • New to Franchise Chatter? Start Here
    • America’s Most Lucrative Franchises
    • Franchises Ranked by Average Revenues
    • Franchises Ranked by Average Profits
    • Franchise Winners, Survivors and Losers Last Year
    • FDD Talk
    • Search by Name
  • Top Franchises
  • Franchise Earnings
  • Costs
  • Fees
  • Quiz
  • Search

FDD Talk: YogaSix Franchise Review (Financial Performance Analysis, Costs, Fees, and More)

Last updated on March 18, 2019 by Franchise Chatter Leave a Comment
in FDD Talk 2021: Fitness Franchises, Fitness Franchises, Franchise Earnings



Learn Which Franchises Can Make You Rich

In this FDD Talk post, you’ll learn the following:

  • Section I – Background information on the YogaSix franchise opportunity, including relevant news updates
  • Section II – Estimated initial investment for a YogaSix franchise, based on Item 7 of the company’s 2018 FDD
  • Section III – Initial franchise fee, royalty fee, marketing fee, and other fees for a YogaSix franchise, based on Items 5 and 6 of the company’s 2018 FDD
  • Section IV – Number of franchised and company-owned YogaSix outlets at the start of the year and the end of the year for 2015, 2016, and 2017, based on Item 20 of the company’s 2018 FDD
  • Section V – Presentation and analysis of YogaSix’s financial performance representations, based on Item 19 of the company’s 2018 FDD, including information on the:
  • average gross revenue generated from July 1, 2017 through June 30, 2018 (the “Measurement Period”) by the 6 Existing Studios that (a) were operated in a substantially similar manner to the Franchised Business under YogaSix’s then-current Marks throughout the Measurement Period, and (b) continue to operate in that manner as of the Issue Date of the 2018 Disclosure Document
  • actual and average gross revenue, estimated royalty, cost of sales – third-party vendors, labor expense, rent, merchant account services, office supplies, general supplies, computer and Internet expenses, repairs and maintenance, security, utilities, bank service fees, cleaning, insurance premiums, total cost of sales and certain operating expenses, and total revenue less cost of sales and certain operating expenses for the 6 Existing Studios during the Measurement Period

Section I – Background Information

11 Things You Need to Know About the YogaSix Franchise

Acquired by Xponential Fitness

America's Most Lucrative Franchises of the Year

1.  In early August 2018, YogaSix, which had seven locations at the time, announced that it had been acquired by Xponential Fitness. YogaSix is the seventh fitness brand now under the Xponential umbrella and YogaSix is the first yoga brand owned by the company. Xponential’s other brands are Club Pilates, CycleBar, StretchLab, AKT, Row House, and Pure Barre.

2.  Anthony Geisler, CEO of Xponential Fitness, said, “Adding YogaSix to Xponential Fitness was a perfect fit for our portfolio as it is a great complement to our already robust suite of brands. Up until this point, primarily San Diego and Midwestern consumers have had the opportunity to experience YogaSix, and we now look forward to expanding the brand through franchising across the country.”

Opens First Location in New Mexico

3.  As YogaSix continues to expand across the United States, the brand has been opening locations in new markets. In early February 2019, YogaSix opened its first studio in New Mexico in the city of Albuquerque. At the time of the press release, the studio was still in its soft opening phase with an official grand opening slated for sometime in March.

Financial Calculator

4.  YogaSix Albuquerque is owned and operated by husband-and-wife team Brian and Jessica Rule. Brian Rule is president of Blake’s Lotaburger, while Jessica Rule has a background in fitness training. Jessica said, “We are excited to bring YogaSix to Albuquerque to breathe new life into the wellness and yoga scene. No matter what your background, yoga can be beneficial, be that physical, mental or spiritual, and YogaSix makes the practice so accessible for everybody. We think the new studio will perfectly complement the health and fitness offerings in the area, while bringing something new to local residents.”

Best Classes for Beginners

5.  YogaSix understands how overwhelming it can be to choose a yoga class for the first time, so the brand’s blog highlights the classes that are best for beginners. According to YogaSix, the following classes are great at easing in new students:

  • Slow Flow – Slow Flow classes are the perfect way to learn essential basic yoga postures. According to the blog, the slower pace of this class gives people time to really pay attention to their alignment and learn how each posture feels. The instructors really encourage students to use their breath as they flow through the movements, which helps to deepen their connection to each posture. Slow Flow is a must for students new to yoga.
  • Deep Stretch/Restorative – The Deep Stretch class consists entirely of floor postures and is perfect if you’re new to yoga, if you’re recovering from an injury, or if you’ve had a tough workout or even just a tough day. Students spend several minutes in each posture to open and stretch tight muscles, and the warm room and relaxed pace can loosen anyone up.
  • Hot Yoga – YogaSix’s Hot Yoga classes combine a slightly faster yoga flow with balance challenges and targeted core work – all done in rooms heated to 100+ degrees Fahrenheit. These classes still focus on essential basic yoga postures but are slightly more challenging than Slow Flow or Deep Stretch.
  • Y6 Sculpt – YogaSix’s Y6 Sculpt classes provide the perfect combination of yoga, strength training, and cardio. These classes are designed to keep people moving, so they’re great for anyone looking to mix up their yoga routine.
  • Unheated Power Flow – Last summer, YogaSix added an Unheated Power Flow class to its schedule. These classes move at a slightly faster pace and are more challenging than the true beginners classes like Slow Flow. They’re great for anyone who has been practicing yoga for a while and is ready for a new challenge. Unheated Power Flow is also the perfect class for anyone who works out regularly and is already athletically inclined.

Company History

Franchises Ranked by Average Revenues and Profits

6.  YogaSix was founded in 2012 by Bill Koman in St. Louis, Missouri. Koman, who is the son of a former NFL linebacker, had spent most of his career in commercial development as president of the Koman Group, a real estate company. However, Koman changed directions when he started doing yoga and meditating while he was fighting lymphoma. Koman said that yoga was a “good distraction” and helped him take his mind off his cancer. After overcoming his lymphoma, Koman turned his passion for yoga into a business after identifying a need for higher-quality and consistent yoga studios.

7.  Koman launched YogaSix as an upscale hot yoga studio concept – both heated and unheated classes are offered. After opening the first location near his home in St. Louis, Koman opened a second YogaSix studio in San Diego, California, where he lives for part of the year. Over the next few years, YogaSix expanded into a few more markets, including Chicago, Illinois; Milwaukee, Wisconsin; and Columbus, Ohio.

8.  In 2018, YogaSix was acquired by Xponential Fitness, which owns other boutique fitness brands. Xponential Fitness CEO Anthony Geisler said that the company plans to further expand YogaSix’s presence in the United States through franchising.

9.  YogaSix currently has five locations in San Diego, two in St. Louis, three in Chicago, one in Ohio, one in Milwaukee, and one that just opened in Albuquerque. The brand will open one corporate studio in Yorba Linda at the end of March 2019.

10.  YogaSix has already sold 54 locations with an additional 50 pending and is projecting to have more than 300 locations open in the next couple of years. YogaSix is looking to expand across suburban areas, metropolitan areas, and major cities.

Entrepreneur’s Franchise 500

11.  As a newer franchise, YogaSix has yet to appear on Entrepreneur’s Franchise 500 list.

Section II – Estimated Costs

  • Please click here for detailed estimates of YogaSix franchise costs, based on Item 7 of the company’s 2018 FDD.

Section III – Initial Franchise Fee, Royalty Fee, Marketing Fee, and Other Fees

  • Please click here for detailed information on YogaSix’s initial franchise fee, royalty fee, marketing fee, and other fees, based on Items 5 and 6 of the company’s 2018 FDD.

Section IV – Number of Franchised and Company-Owned Outlets

Franchised

2015

  • Outlets at the Start of the Year:  0
  • Outlets at the End of the Year:  0
  • Net Change:  0

2016

  • Outlets at the Start of the Year:  0
  • Outlets at the End of the Year:  0
  • Net Change:  0

2017

  • Outlets at the Start of the Year:  0
  • Outlets at the End of the Year:  0
  • Net Change:  0

Company-Owned

2015

  • Outlets at the Start of the Year:  5
  • Outlets at the End of the Year:  6
  • Net Change:  +1

2016

  • Outlets at the Start of the Year:  6
  • Outlets at the End of the Year:  6
  • Net Change:  0

2017

  • Outlets at the Start of the Year:  6
  • Outlets at the End of the Year:  7
  • Net Change:  +1

Section V – Financial Performance Representations (Item 19, 2018 FDD) and Analysis

Part 1 – Average Gross Revenue Amongst Existing Studios Over Measurement Period

  • In Part 1 of this Item, YogaSix discloses the average “Gross Revenue” generated from July 1, 2017 through June 30, 2018 (the “Measurement Period”) by the 6 Existing Studios that (a) were operated in a substantially similar manner to the Franchised Business under YogaSix’s then-current Marks throughout the Measurement Period, and (b) continue to operate in that manner as of the Issue Date of the 2018 Disclosure Document.
  • YogaSix and the owner of the Existing Studios expect and intend to enter into franchise agreements that will govern the operation of these Studios once YogaSix is able to offer/sell franchises where the Existing Studios are located.


To Access the Rest of This Article and Other Premium, Income-Enhancing Content, Subscribe Now or Log In.

Gain the Insider Information (and Actual Earnings Data) You Need to Make a Safe and Smart Franchise Investment. Click Here to Learn More.



Gain the Insider Information (and Actual Earnings Data) You Need to Make a Safe and Smart Franchise Investment - See more at: https://www.franchisechatter.com/register/#sthash.le7wKJKM.dpuf


Franchise Winners and Losers Last Year

Financial Calculator

Tagged as: YogaSix

Reader Interactions

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Previous post: FDD Talk: Signarama Franchise Review (Financial Performance Analysis, Costs, Fees, and More)

Next post: FDD Talk: Mrs. Fields Franchise Review (Financial Performance Analysis, Costs, Fees, and More)

Primary Sidebar

Financial Calculator

As seen in:  New York Times, Bloomberg Businessweek, and CNBC

Login

Remember Me
Register | Lost your Password?
Reminder: Your username and password are case-sensitive.

Need help? Email franchisechatterblog@gmail.com

Want to Know the Next Great Franchises for Your Area?

SuperFranchise (New Series)

Learning From the SuperFranchises

Ace Hardware Franchise

Raising Cane’s Franchise

Jollibee Franchise

F45 Training Franchise

Crumbl Cookies Franchise

Dutch Bros. Coffee Franchise

Best Franchises by Industry

Best Franchises by Industry (All Lists)

Best Laundromat Franchises

Best Storage Unit Franchises

Best Car Wash Service Franchises

Best Gym and Fitness Franchises

Best Pizza Franchises

Best Sandwich Franchises

Best Childcare Franchises

Best Ice Cream Franchises

Best Coffee Franchises

Best Hamburger Franchises

Best Salon and Beauty Franchises

Best Chicken Franchises

Best Smoothie and Juice Franchises

Best Maid Service Franchises

Best Mexican Restaurant Franchises

Best Massage Service Franchises

Best Tutoring Franchises

Best Auto Repair Franchises

Best Auto Oil Change Franchises

Best Asian Restaurant Franchises

Best Pet Franchises

Best Commercial Cleaning Franchises

Best Sports Bar Franchises

Best Baked Goods Franchises

Best Moving/Junk Removal Franchises

Best Mailbox Franchises

Best Apparel Retail Franchises

Best Senior Care Franchises

Best Restoration Franchises

Best Dry Cleaning Franchises

Best Hot Dog Franchises

Best Breakfast Restaurant Franchises

Best Insurance Franchises

Best Carpet Cleaning Franchises

Best Tax Preparation Franchises

Best Tech Franchises

Best Painting Franchises

Best Convenience Store Franchises

Best Travel Agency Franchises

Best “Paint and Sip” Franchises

Best Trampoline Park Franchises

Best Chocolate/Candy Franchises

Best Tools Distribution Franchises

Best Sign Franchises

Best Salon Suites Franchises

Best Property Management Franchises

Best Laboratory Services Franchises

Best Staffing/Recruiting Franchises

Best Lawn Care Franchises

Best Advertising Services Franchises

Best Printing/Marketing Franchises

Best Real Estate Franchises

Most Profitable Franchises

Top Low Cost Franchises

Franchise Chatter uses affiliate links for Franchise Help and Franchise Brokers Association.

Franchise Chatter © 2022