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. An estimated 20 million Americans practice yoga and spend nearly $6 billion annually in classes, equipment, DVDs and more.
For more information visit: www.yogafitstudios.com