Six Studios Set to Open in the Minneapolis-St. Paul Metro Area
Updated March 29, 2024
Lift Brands, parent company to Snap Fitness and five other wellness concepts, sold six new YogaFit Studio franchises, which will be opened in the Minneapolis-St. Paul metro area.
YogaFit Studios is a premier yoga franchise that is available to entrepreneurs for as little as a $35,000 investment. Lift Brands expects to sell 1,000 franchises for the studios in the next five years.
“Since we began offering franchise sales in late July, we have been fielding hundreds of inquiries from people interested in the YogaFit Studio concept and intrigued by our new model, which offers yoga at an unprecedented price point for the consumer,” said Peter Taunton, Lift Brands Founder and CEO. “We’re especially excited about the scalability of this model and the fact that we can offer those interested in owning their own yoga studio on a viable platform complete with financing assistance.”
With an initial investment to open a studio as low as $89,000 and Lift Brands financing programs, a studio can be owned with a cash investment as low as $35,000.
Rising Popularity of Yoga
In recent years, yoga has exploded in popularity. An estimated 20 million Americans practice yoga and spend nearly $6 billion annually in classes, equipment, DVDs and more. The global yoga industry is estimated to be valued at over $88 billion, and projections estimate that this figure will rise to $215 billion by the year 2025.
The physical and mental benefits of yoga are also numerous.
- Improved Flexibility: Yoga involves a variety of poses and stretches that gradually increase flexibility in muscles and joints.
- Enhanced Strength: Many yoga poses require supporting your body weight in different ways, which can strengthen various muscle groups.
- Better Posture: Regular yoga practice strengthens the core muscles, which are essential for proper posture.
- Stress Reduction: Yoga emphasizes relaxation and mindful breathing, which can help reduce stress and promote a sense of calm.
- Increased Mindfulness: The meditative aspects of yoga encourage mindfulness, which can lead to improved focus and awareness in daily life.
- Improved Balance: Many yoga poses focus on balance, which can improve overall stability and coordination.
- Cardiovascular Health: Certain types of yoga, like power yoga or Ashtanga, can be vigorous and improve cardiovascular fitness.
- Weight Management: Active forms of yoga can help with weight management by burning calories and reducing stress-related eating.
- Enhanced Breathing: Yoga teaches controlled breathing techniques that can improve lung capacity and respiratory function.
- Reduced Chronic Pain: Yoga can be effective in alleviating chronic pain, such as lower back pain or arthritis.
About YogaFit Studios Franchise
Founded in 2014, YogaFit Studios gives members 24/7 access to state-of-the-art studios and offers a selection of both live classes and virtual on-demand classes.
