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The Best Yoga Franchises To Consider in 2024
In honor of the International Day of Yoga on June 21, here are six yoga franchises for entrepreneurs looking to invest in the lucrative wellness market.
Fitness is a higher priority among younger generations than it used to be, with 48% of individuals claiming that improving their fitness was a top priority going into 2024. Participating in yoga has many health benefits including improved mental and physical wellness. For entrepreneurs seeking their next venture, a yoga franchise is a great investment that lets you invest in the booming health and wellness market while providing valuable service to those in your community. In honor of the International Day of Yoga on June 21, here are six yoga franchise opportunities worth considering.
YogaSix
Initial Investment: $355,945 to $508,145
Unit Count: 2,756+
YogaSix is a boutique fitness franchise concept first founded in 2012. Each location offers six types of classes, including hot yoga, power yoga and sculpt and flow. Franchisees also enjoy robust support, with YogaSix being part of the Xponential Fitness family of brands.
YogaFit
Initial Investment: $88,950 to $144,300
Unit Count: 12
YogaFit is well known for its education and training programs for yoga teachers. The brand offers a variety of certification levels, and those who are trained in the programs will benefit from brand name recognition when marketing their classes to others.
Sunstone Yoga
Initial Investment: $147,000 to $327,000
Unit Count: 4
Sunstone Yoga offers yoga classes and a variety of wellness programs, with a focus on holistic health. The brand also offers yoga teacher training programs. The brand offers franchisees on-the-job training at their own location.
HOTWORX
Initial Investment: $181,250 to $440,500
Unit Count: 500
HOTWORX is a virtual instruction exercise concept. The brand offers 30-minute isometric workouts and 15-minute high intensity interval training sessions that take place in an infra-red sauna that can accommodate up to three people.
The Bar Method
Initial Investment: $237,559 to $499,869
Unit Count: 100
The Bar Method offers a total body workout with low-impact movements. The classes include elements of pilates and yoga. Franchisees benefit from diversified revenue streams as the brand also sells fitness apparel and equipment.
Real Hot Yoga
Initial Investment: $223,000 to $385,000
Unit Count: 13
Real Hot Yoga offers hot yoga classes for individuals of all abilities and ages with a focus on creating a challenge that leads to progress. Prospective franchisees do not need prior franchise ownership experience; more important is a passion for wellness and community.
Wellness is a top concern in 2024 and yoga stands out in the fitness industry for the many health benefits it offers. For entrepreneurs seeking a new venture, investing in a yoga franchise is a compelling opportunity.
To read more about franchising opportunities in the fitness industry, check out these stories:
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