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Listed by:

Transworld Business Advisors of La Grande

Established YogaSix Franchise | Turnaround And Growth Opportunity For Sale

Cook County, Illinois, US
Asking Price:
$125,000
Sales Revenue:
$1
Cash Flow:
$1

An exciting opportunity is available to acquire an established YogaSix franchise studio that is currently operating at approximately break-even. The current owner has owned and operated the studio for approximately 1½ years, following a previous owner who operated the business for approximately five years.  The reason for the sale is the seller wants to spend more time with the family.

The studio benefits from the recognition, systems, curriculum, marketing resources, and operational support of the YogaSix franchise brand, providing a new owner with a proven platform from which to build. The existing studio is fully operational, with the physical infrastructure, equipment, memberships, instructors, and systems already in place.

Per the FDD (Franchise Disclosure Document), the total initial investment necessary to begin operation of a single studio is $529,233 to $826,265, which includes $113,650 to $171,550 that must be paid to franchisor or its affiliates.  A potential buyer must have $250,000 in liquidity and $500,000 in net worth.

The previous owner experienced ongoing losses during their five-year ownership period. The current owner has worked to stabilize the operation and bring the business to approximately break-even, creating an opportunity for a new owner to build upon that progress and focus on revenue growth and improved profitability.

Significant Upside Potential

The opportunity is particularly attractive for an owner-operator who is prepared to become more involved in the day-to-day business and aggressively pursue membership growth, retention, private sessions, workshops, community outreach, corporate wellness programs, and local marketing initiatives.

A motivated owner could potentially improve performance through:

Increasing membership sales and improving member retention
Developing a more aggressive local marketing and lead-generation program
Increasing class utilization and optimizing the class schedule
Expanding workshops, events, and specialty programs
Building relationships with local businesses and employers
Strengthening referral and community marketing programs
Improving conversion of introductory offers into recurring memberships
Controlling operating expenses and optimizing staffing
Taking a more hands-on approach to sales and studio management

Ideal Buyer

This business may be particularly well suited for an owner-operator, experienced fitness professional, yoga enthusiast, or entrepreneur looking for an established studio rather than starting a fitness business from scratch. It may also appeal to an existing fitness or wellness operator seeking to add an established location and recognized national franchise brand to their portfolio.

The Opportunity

Rather than building a yoga studio from the ground up, a buyer can acquire an existing YogaSix location with an established customer base, trained instructors, operating systems, and a recognizable brand and focus their efforts on improving sales, member retention, utilization, and profitability.

This is a turnaround and growth opportunity—not a highly profitable turnkey operation. The current break-even performance provides a foundation from which a capable new owner can potentially create meaningful profitability through stronger sales and operational execution.

The seller is motivated and will provide appropriate transition assistance to help facilitate a smooth ownership change. Qualified buyers will receive additional financial and operational information upon execution of a confidentiality agreement.

Other Information

Inventory / Stock value:
$9,000