
Yoga Six Franchise SPV
Franchise research report · reviewed 2025 disclosure data
Researching Yoga Six Franchise SPV franchise opportunities? Every figure below is cited to the FDD.
Yoga Six franchises fitness studios that provide yoga and other specialized exercise classes using designated equipment. The system offers single-studio operations and multi-unit development agreements.
Headline figures
Yoga Six Franchise SPV quick facts
- Is Yoga Six Franchise SPV a franchise?
- Yes. Yoga Six Franchise SPV offers franchises through a Franchise Disclosure Document. At the end of 2024, it reported 384 franchised and 0 company-owned outlets (2025 FDD, Item 20, PDF p. 82).
- How much does it cost to open a Yoga Six Franchise SPV franchise?
- The Yoga Six Franchise SPV Franchise Disclosure Document reports separate estimated initial investments by format: $529,233–$826,265 for total estimated initial investment (low) (2025 FDD, Item 7, PDF p. 31); $826,265 for total estimated initial investment (high) (2025 FDD, Item 7, PDF p. 31). These formats are not combined. Each is the franchisor's disclosed estimate, not a quote. Details
- What ongoing fees does Yoga Six Franchise SPV charge?
- The disclosed ongoing royalty is 7% (2025 FDD, Item 6, PDF p. 21). The brand or advertising fund contribution is 2% (2025 FDD, Item 6, PDF p. 21). Other recurring fees are listed in Item 6. Details
- Does Yoga Six Franchise SPV disclose financial performance (Item 19)?
- Yes. The Yoga Six Franchise SPV FDD includes an Item 19 financial performance representation (2025 FDD, Item 19, PDF p. 74). Figures apply only to the locations and period each one covers. Details
- How many Yoga Six Franchise SPV locations are there?
- The FDD reports 384 outlets at the end of 2024 (2025 FDD, Item 20, PDF p. 82). Existing locations do not indicate territory availability. Details
- Is Yoga Six Franchise SPV a good franchise to buy?
- Franopolis does not rate or recommend franchises. From the reviewed FDD: Item 19 includes financial performance figures; check which locations and period they cover; Item 20 lists outlet openings, closures and transfers; Item 6 includes a brand or advertising fund contribution on top of royalty; Item 20 also lists current and former franchisees you can contact. Review the full FDD with a franchise attorney and accountant before deciding.
From reviewed FDD figures only. Not a recommendation or projection.
What the disclosures show
- 1The 2025 FDD (Item 7) estimates opening costs separately by format: $529,233 – $826,265 (Total estimated initial investment (low)); $826,265 (Total estimated initial investment (high)); several initial fee options apply.
- 2Item 19 covers 89 separate groups: revenue for 41 locations; revenue for 40 locations; revenue for 40 locations; revenue for 162 locations; memberships for 41 locations; memberships for 40 locations; memberships for 40 locations; memberships for 41 locations; memberships for 41 locations; memberships for 40 locations; memberships for 162 locations; memberships for 40 locations; memberships for 162 locations; memberships for 41 locations; memberships for 40 locations; memberships for 41 locations; memberships for 40 locations; memberships for 41 locations; memberships for 40 locations; memberships for 162 locations; revenue for 41 locations; revenue for 40 locations; revenue for 41 locations; memberships for 41 locations; revenue and memberships for 26 locations; memberships and revenue for 20 locations; memberships for 30 locations; memberships for 4 locations; revenue for 41 locations; memberships for 41 locations; memberships for 40 locations; revenue for 40 locations; memberships for 41 locations; other measures and memberships and revenue for 163 locations; revenue for 40 locations; revenue for 41 locations; revenue for 41 locations; memberships for 163 locations; revenue for 41 locations; revenue and memberships for 163 locations; memberships for 41 locations; revenue and memberships for 21 locations; revenue and memberships for 10 locations; memberships for 41 locations; memberships for 41 locations; memberships for 41 locations; memberships for 40 locations; memberships for 41 locations; revenue for 163 locations; revenue and memberships for 15 locations; revenue and memberships for 13 locations; revenue and memberships for 30 locations; revenue and memberships for 28 locations; revenue and memberships for 27 locations; revenue and memberships for 9 locations; revenue and memberships for 4 locations; revenue and memberships for 1 locations; memberships for 28 locations; memberships for 27 locations; memberships for 26 locations; memberships for 21 locations; memberships for 9 locations; memberships for 4 locations; memberships for 30 locations; memberships for 28 locations; memberships for 27 locations; memberships for 13 locations; memberships for 10 locations; memberships for 9 locations; memberships for 4 locations; memberships for 1 locations; memberships for 30 locations; memberships for 28 locations; memberships for 27 locations; memberships for 26 locations; memberships for 21 locations; memberships for 20 locations; memberships for 15 locations; memberships for 13 locations; memberships for 20 locations; memberships for 15 locations; memberships for 13 locations; memberships for 10 locations; memberships for 9 locations; memberships for 1 locations; memberships for 41 locations; revenue for 41 locations; revenue for 41 locations; memberships for 26 locations. They are not combined.
- 3Outlets grew by 14 in 2024, to 384 (Systemwide, as labeled in the FDD, Item 20).
From reviewed FDD figures only. Not a recommendation or projection.
Yoga Six Franchise SPV head-to-head
Closest peers in the same subcategory, side by side from reviewed FDD figures. Not a ranking or recommendation.
Costs · Items 5–7
What does it cost to open?
Estimated opening costs and the fees payable to the franchisor.
Startup Investment — Item 7
Range across 2 single-unit formats
2025 FDD · Item 7
Formats disclosed in Item 7 (4)
Each format has its own total. The total depends on the format you choose; multi-unit packages are listed but not included in the headline range.
- Total estimated initial investment (low)PDF p. 31$529,233 – $826,265
- Total estimated initial investment (high)PDF p. 31$826,265
- Multi-unit agreement total investment (low)Multi-unitPDF p. 34$549,233 – $896,265
- Multi-unit agreement total investment (high)Multi-unitPDF p. 34$896,265
Ongoing Fees — Item 6
Selected recurring charges; payment bases and conditions remain attached to each fee.
- RoyaltyMain ongoing fee
80 reported fees, each with its payment basis, are listed below; they haven't been sorted into recurring, initial and occasional groups yet.
Financial Performance — Item 19
What results are disclosed—and for which locations?
89 separate populations, shown apart. Revenue is not owner income.
41 locations
Revenue · 41 locations
- Who is counted
- 3rd Quartile of Qualified Studios, owned and operated by franchisees throughout the Measurement Period (January 1–December 31, 2024).
- Period
- 3rd Quartile Range (Min)
- Excluded
- The filing states 30 of 192 Studios were excluded because they did not operate for the entire Measurement Period; Non-Traditional Sites are excluded from Qualified Studios.
These groups are never combined.
Outlet Changes — Item 20
How has the outlet count changed?
Systemwide, as labeled in the FDD · counts as of 2024 of each year.
2025 FDD · Item 20 · PDF p. 82
Net +64 outlets, 2022–2024
Year-end counts reported in Item 20. The scale starts at zero; the labels between the dots show each year's change. Openings and closures for 2024 haven't been pulled from the Item 20 tables yet, so no turnover or churn is shown.
Questions to investigate
Prompts based on what this brand's reviewed disclosures do and don't show — not conclusions. Join free as a member to save questions to your research.
For the franchisor
Which line items in the 2025 Item 7 estimate ($529,233 – $826,265) vary most by market, and why?
Which initial fee option would apply to my situation, and what conditions or discounts affect it?
Which locations are included in the Item 19 figures, and which were excluded?
Reported units went from 370 to 384 in 2024. How many new units opened, closed or changed hands?
Is a territory available in my area, and how is it defined in my agreement?
For current and former owners
How did your actual startup costs and timeline compare with the Item 7 estimate?
How many hours a week do you work in the business, and in what role?
How do your results compare with the Item 19 figures, and what explains the difference?
What support from the franchisor has been most and least useful?
For your advisors
Ask a franchise attorney to review the territory, renewal, transfer and termination terms.
Ask an accountant to build a cash-flow plan using your own assumptions, not the franchisor's.
Sources & vintage history
Every displayed fact is retained with its disclosure vintage, item, page, and reviewed status. Prior vintages remain on file rather than being overwritten.
Citations (2025 FDD)
- [1]Item 19 — Locations counted not stated in the reviewed record — 3rd Quartile of Qualified Studios, owned and operated by franchisees throughout… · PDF p. 74
- [2]Item 19 — Locations counted not stated in the reviewed record — 4th Quartile of Qualified Studios, owned and operated by franchisees throughout… · PDF p. 74
- [3]Item 19 — Locations counted not stated in the reviewed record — 4th Quartile Qualified Studios, owned and operated by franchisees throughout th… · PDF p. 74
- [4]Item 19 — Locations counted not stated in the reviewed record — all Qualified Studios, owned and operated by franchisees throughout the Measure… · PDF p. 74
- [5]Item 19 — Locations counted not stated in the reviewed record — 1st Quartile Qualified Studios, owned and operated by franchisees throughout th… · PDF p. 75
- [6]Item 19 — Locations counted not stated in the reviewed record — 2nd Quartile Qualified Studios, owned and operated by franchisees throughout th… · PDF p. 75
- [7]Item 19 — Locations counted not stated in the reviewed record — Second Quartile of Qualified Studios owned and operated by franchisees througho… · PDF p. 75
- [8]Item 19 — Locations counted not stated in the reviewed record — Third Quartile of Qualified Studios owned and operated by franchisees throughou… · PDF p. 75
- [9]Item 19 — Locations counted not stated in the reviewed record — 41 3rd Quartile within the 162 Qualified Studios · PDF p. 75
- [10]Item 19 — Locations counted not stated in the reviewed record — 40 4th Quartile within the 162 Qualified Studios · PDF p. 75
- [11]Item 19 — Locations counted not stated in the reviewed record — 162 Qualified Studios owned and operated by franchisees for entire Measurement… · PDF p. 75
- [12]Item 19 — Locations counted not stated in the reviewed record — 4th Quartile Qualified Studios for Gross Revenue · PDF p. 76
- [13]Item 19 — Locations counted not stated in the reviewed record — 162 Total within the 162 Qualified Studios · PDF p. 75
- [14]Item 19 — Locations counted not stated in the reviewed record — 3rd Quartile of Qualified Studios for Monthly Active Members · PDF p. 75
- [15]Item 19 — Locations counted not stated in the reviewed record — 4th Quartile of Qualified Studios for Monthly Active Members · PDF p. 75
- [16]Item 19 — Locations counted not stated in the reviewed record — 1st Quartile of Qualified Studios for Monthly New Memberships · PDF p. 76
- [17]Item 19 — Locations counted not stated in the reviewed record — 2nd Quartile of Qualified Studios for Monthly New Memberships · PDF p. 76
- [18]Item 19 — Locations counted not stated in the reviewed record — 3rd Quartile of Qualified Studios for Monthly New Memberships · PDF p. 76
- [19]Item 19 — Locations counted not stated in the reviewed record — 4th Quartile of Qualified Studios for Monthly New Memberships · PDF p. 76
- [20]Item 19 — Locations counted not stated in the reviewed record — Total Qualified Studios for Gross Revenue · PDF p. 76
- [21]Item 19 — Locations counted not stated in the reviewed record — 1st Quartile Qualified Studios for Gross Revenue · PDF p. 74
- [22]Item 19 — Locations counted not stated in the reviewed record — 2nd Quartile Qualified Studios for Gross Revenue · PDF p. 74
- [23]Item 19 — Locations counted not stated in the reviewed record — 3rd Quartile Qualified Studios for Gross Revenue · PDF p. 74
- [24]Item 19 — Locations counted not stated in the reviewed record — 4th Quartile of the 163 Qualified Studios, ranked highest to lowest by Monthly… · PDF p. 76
- [25]Item 19 — Locations counted not stated in the reviewed record — New Studios owned and operated by franchisees that conducted their Soft Opening… · PDF p. 77
- [26]Item 19 — Locations counted not stated in the reviewed record — New Studios owned and operated by franchisees that conducted their Soft Opening… · PDF p. 77
- [27]Item 19 — Locations counted not stated in the reviewed record — New Studios owned and operated by franchisees that conducted a Soft Opening in… · PDF p. 77; PDF p. 78
- [28]Item 19 — Locations counted not stated in the reviewed record — New Studios owned and operated by franchisees that conducted a Soft Opening in… · PDF p. 78; PDF p. 77
- [29]Item 19 — Locations counted not stated in the reviewed record — 4th Quartile of 163 Qualified Studios, ranked highest to lowest by Gross Revenu… · PDF p. 74
- [30]Item 19 — Locations counted not stated in the reviewed record — 1st Quartile of the 163 Qualified Studios, ranked highest to lowest by average… · PDF p. 75
- [31]Item 19 — Locations counted not stated in the reviewed record — 2nd Quartile of the 163 Qualified Studios, ranked highest to lowest by average… · PDF p. 75
- [32]Item 19 — Locations counted not stated in the reviewed record — 2nd Quartile of the 163 Qualified Studios, ranked highest to lowest by Gross Re… · PDF p. 74
- [33]Item 19 — Locations counted not stated in the reviewed record — 4th Quartile of the 163 Qualified Studios, ranked highest to lowest by average… · PDF p. 75
- [34]Item 19 — Locations counted not stated in the reviewed record — The 163 Qualified Studios during the Measurement Period, January 1, 2024 to Dec… · PDF p. 80; PDF p. 81
- [35]Item 19 — Locations counted not stated in the reviewed record — 2nd Quartile of the 163 Qualified Studios, ranked highest to lowest by Gross Re… · PDF p. 74
- [36]Item 19 — Locations counted not stated in the reviewed record — 3rd Quartile of the 163 Qualified Studios, ranked highest to lowest by Gross Re… · PDF p. 74
- [37]Item 19 — Locations counted not stated in the reviewed record — 4th Quartile of the 163 Qualified Studios, ranked highest to lowest by Gross Re… · PDF p. 74
- [38]Item 19 — Locations counted not stated in the reviewed record — All 163 Qualified Studios for the Measurement Period, reported in the source To… · PDF p. 75
- [39]Item 19 — Locations counted not stated in the reviewed record — 1st Quartile of the 163 Qualified Studios, ranked highest to lowest by Gross Re… · PDF p. 74
- [40]Item 19 — Locations counted not stated in the reviewed record — All 163 Qualified Studios during the Measurement Period, reported in the source… · PDF p. 74; PDF p. 76
- [41]Item 19 — Locations counted not stated in the reviewed record — 1st Quartile of 163 Qualified Studios, ranked highest to lowest by average Mont… · PDF p. 75
- [42]Item 19 — Locations counted not stated in the reviewed record — New Studios owned and operated by franchisees that conducted their Soft Opening… · PDF p. 77
- [43]Item 19 — Locations counted not stated in the reviewed record — New Studios owned and operated by franchisees that conducted their Soft Opening… · PDF p. 77
- [44]Item 19 — Locations counted not stated in the reviewed record — 3rd Quartile of the 163 Qualified Studios, ranked highest to lowest by average… · PDF p. 75
- [45]Item 19 — Locations counted not stated in the reviewed record — 4th Quartile of the 163 Qualified Studios, ranked highest to lowest by average… · PDF p. 75
- [46]Item 19 — Locations counted not stated in the reviewed record — 1st Quartile of the 163 Qualified Studios, ranked highest to lowest by Monthly… · PDF p. 76
- [47]Item 19 — Locations counted not stated in the reviewed record — 2nd Quartile of the 163 Qualified Studios, ranked highest to lowest by Monthly… · PDF p. 76
- [48]Item 19 — Locations counted not stated in the reviewed record — 3rd Quartile of the 163 Qualified Studios, ranked highest to lowest by Monthly… · PDF p. 76
- [49]Item 19 — Locations counted not stated in the reviewed record — The 163 Qualified Studios during the Measurement Period (January 1, 2024 to Dec… · PDF p. 81
- [50]Item 19 — Locations counted not stated in the reviewed record — New Studios owned and operated by franchisees that conducted their Soft Opening… · PDF p. 77
- [51]Item 19 — Locations counted not stated in the reviewed record — New Studios owned and operated by franchisees that conducted their Soft Opening… · PDF p. 77
- [52]Item 19 — Locations counted not stated in the reviewed record — New Studios owned and operated by franchisees that conducted their Soft Opening… · PDF p. 77
- [53]Item 19 — Locations counted not stated in the reviewed record — New Studios owned and operated by franchisees that conducted their Soft Opening… · PDF p. 77
- [54]Item 19 — Locations counted not stated in the reviewed record — New Studios owned and operated by franchisees that conducted their Soft Opening… · PDF p. 77
- [55]Item 19 — Locations counted not stated in the reviewed record — New Studios owned and operated by franchisees that conducted their Soft Opening… · PDF p. 77
- [56]Item 19 — Locations counted not stated in the reviewed record — New Studios owned and operated by franchisees that conducted their Soft Opening… · PDF p. 77
- [57]Item 19 — Locations counted not stated in the reviewed record — New Studios owned and operated by franchisees that conducted their Soft Opening… · PDF p. 77
- [58]Item 19 — Locations counted not stated in the reviewed record — New Studios owned and operated by franchisees that conducted a Soft Opening in… · PDF p. 77; PDF p. 78
- [59]Item 19 — Locations counted not stated in the reviewed record — New Studios owned and operated by franchisees that conducted a Soft Opening in… · PDF p. 77; PDF p. 78
- [60]Item 19 — Locations counted not stated in the reviewed record — New Studios owned and operated by franchisees that conducted a Soft Opening in… · PDF p. 77; PDF p. 78
- [61]Item 19 — Locations counted not stated in the reviewed record — New Studios owned and operated by franchisees that conducted a Soft Opening in… · PDF p. 77; PDF p. 78
- [62]Item 19 — Locations counted not stated in the reviewed record — New Studios owned and operated by franchisees with Soft Opening in calendar yea… · PDF p. 77
- [63]Item 19 — Locations counted not stated in the reviewed record — New Studios owned and operated by franchisees with Soft Opening in calendar yea… · PDF p. 77
- [64]Item 19 — Locations counted not stated in the reviewed record — New Studios owned and operated by franchisees with Soft Opening in calendar yea… · PDF p. 77
- [65]Item 19 — Locations counted not stated in the reviewed record — New Studios owned and operated by franchisees with Soft Opening in calendar yea… · PDF p. 77
- [66]Item 19 — Locations counted not stated in the reviewed record — New Studios owned and operated by franchisees with Soft Opening in calendar yea… · PDF p. 77
- [67]Item 19 — Locations counted not stated in the reviewed record — New Studios owned and operated by franchisees with Soft Opening in calendar yea… · PDF p. 77
- [68]Item 19 — Locations counted not stated in the reviewed record — New Studios owned and operated by franchisees that conducted a Soft Opening in… · PDF p. 77
- [69]Item 19 — Locations counted not stated in the reviewed record — New Studios owned and operated by franchisees that conducted a Soft Opening in… · PDF p. 77
- [70]Item 19 — Locations counted not stated in the reviewed record — New Studios owned and operated by franchisees that conducted a Soft Opening in… · PDF p. 77
- [71]Item 19 — Locations counted not stated in the reviewed record — New Studios owned and operated by franchisees that conducted a Soft Opening in… · PDF p. 77
- [72]Item 19 — Locations counted not stated in the reviewed record — New Studios owned and operated by franchisees that conducted a Soft Opening in… · PDF p. 77
- [73]Item 19 — Locations counted not stated in the reviewed record — New Studios owned and operated by franchisees that conducted a Soft Opening in… · PDF p. 77
- [74]Item 19 — Locations counted not stated in the reviewed record — New Studios owned and operated by franchisees that conducted a Soft Opening in… · PDF p. 77
- [75]Item 19 — Locations counted not stated in the reviewed record — New Studios owned and operated by franchisees that conducted a Soft Opening in… · PDF p. 77
- [76]Item 19 — Locations counted not stated in the reviewed record — New Studios owned and operated by franchisees that conducted a Soft Opening in… · PDF p. 77
- [77]Item 19 — Locations counted not stated in the reviewed record — New Studios owned and operated by franchisees that conducted a Soft Opening in… · PDF p. 77
- [78]Item 19 — Locations counted not stated in the reviewed record — New Studios owned and operated by franchisees that conducted a Soft Opening in… · PDF p. 77
- [79]Item 19 — Locations counted not stated in the reviewed record — New Studios owned and operated by franchisees that conducted a Soft Opening in… · PDF p. 77
- [80]Item 19 — Locations counted not stated in the reviewed record — New Studios owned and operated by franchisees that conducted a Soft Opening in… · PDF p. 77; PDF p. 78
- [81]Item 19 — Locations counted not stated in the reviewed record — New Studios owned and operated by franchisees that conducted a Soft Opening in… · PDF p. 77; PDF p. 78
- [82]Item 19 — Locations counted not stated in the reviewed record — New Studios owned and operated by franchisees that conducted a Soft Opening in… · PDF p. 77; PDF p. 78
- [83]Item 19 — Locations counted not stated in the reviewed record — New Studios owned and operated by franchisees that conducted a Soft Opening in… · PDF p. 77; PDF p. 78
- [84]Item 19 — Locations counted not stated in the reviewed record — New Studios owned and operated by franchisees that conducted a Soft Opening in… · PDF p. 77; PDF p. 78
- [85]Item 19 — Locations counted not stated in the reviewed record — New Studios owned and operated by franchisees that conducted a Soft Opening in… · PDF p. 77; PDF p. 78
- [86]Item 19 — Locations counted not stated in the reviewed record — 1st Quartile of the 163 Qualified Studios, ranked highest to lowest by Monthly… · PDF p. 76
- [87]Item 19 — Locations counted not stated in the reviewed record — 1st Quartile of 163 Qualified Studios, ranked highest to lowest by Gross Revenu… · PDF p. 74
- [88]Item 19 — Locations counted not stated in the reviewed record — 4th Quartile of the 163 Qualified Studios, ranked highest to lowest by Gross Re… · PDF p. 74
- [89]Item 19 — Locations counted not stated in the reviewed record — New Studios owned and operated by franchisees with Soft Opening in calendar yea… · PDF p. 77
- [90]Outlet counts — Item 20, Table 1 · PDF p. 82
"PDF p." is the page in the PDF file; "printed p." is the number printed on the FDD page.
Territory & operations
These are contract disclosures, not confirmation that any territory is currently available.
Legal & agreement
Franchisor financial statements
| Fiscal year | Measure | Reported value |
|---|---|---|
| 2029 | expected contract liability revenue recognition | $11,028 |
| 2029 | estimated intangible amortization | $1,981 |
| 2028 | expected contract liability revenue recognition | $11,572 |
| 2028 | estimated intangible amortization | $2,012 |
| 2027 | expected contract liability revenue recognition | $10,890 |
| 2027 | estimated intangible amortization | $2,064 |
| 2026 | expected contract liability revenue recognition | $10,091 |
| 2026 | estimated intangible amortization | $2,066 |
| 2025 | expected contract liability revenue recognition | $9,845 |
| 2025 | estimated intangible amortization | $2,066 |
| 2024 | balance at december 31, 2024 | $105,909 |
| 2024 | deferred costs, net of current portion | $36,935 |
These figures describe the franchisor company, not individual franchise locations.
SBA-backed loans to franchisees
Loading…
Source: U.S. Small Business Administration 7(a) & 504 FOIA data. Loan volume is not a measure of franchisee success.
At a glance
Business history
Not reviewed
Owner participation
Not reviewed
Territory language
Litigation disclosure
Not reviewed
Bankruptcy disclosure
Not reviewed
Agreement term
Not reviewed
Reader notes on wording
Our automated check found that these summaries may not match the FDD's exact wording. Read the FDD excerpt itself; it is the authoritative text. Core cost, fee, Item 19 and outlet figures are not affected.
Item 5 · PDF p. 20 · 2025 FDD
Our summary: Reduced pre-sales technology fee
“upon the commencement of your Pre-Sales Phase, you must begin paying us a reduced Technology Fee in the amount of $150 per month.”
Note: The cited quote could not be located on the cited FDD page.
Item 12 · PDF p. 55 · 2025 FDD
Our summary: Territory limits: no right to exclude other brands, distribution channels, or Non-Traditional Sites.
“Except as expressly provided in the Franchise Agreement, you have no right to exclude, control or impose conditions on the location, operation or otherwise of present or future Studios, using any of the other brands or Marks that we now, or in the future, may offer, and we may operate or license Studios or distribution channels of any type, licensed, franchised or company-owned, regardless of their location or proximity to your Designated Territory and whether or not they provide services similar to those that you offer.”
Note: Supplied quote could not be confirmed on the cited PDF page excerpt.
Item 12 · PDF p. 55 · 2025 FDD
Our summary: Territory protection: while compliant, franchisor will not operate or license a Yoga Six Studio inside Designated Territory during agreement term, subject to reserved rights.
“As long as you are in compliance with your Franchise Agreement, we will not operate, or grant a license to a third-party to operate, during the term of your Franchise Agreement, a Studio located within the Designated Territory, subject to our reservation of rights below.”
Note: Supplied quote could not be confirmed on the cited PDF page excerpt.
Item 20 · PDF p. 82 · 2025 FDD
Our summary: Company-Owned 2024: 0 → 0
“Company - Owned 2024 0 0 0”
Note: The cited page does not establish the Table 1 systemwide start/end row.
Item 20 · PDF p. 82 · 2025 FDD
Our summary: Franchised 2024: 185 → 192
“Franchised 2024 185 192 +7”
Note: The cited page does not establish the Table 1 systemwide start/end row.
Item 20 · PDF p. 82 · 2025 FDD
Our summary: Company-Owned 2023: 1 → 0
“Company - Owned 2023 1 0 - 1”
Note: The cited page does not establish the Table 1 systemwide start/end row.
Item 20 · PDF p. 82 · 2025 FDD
Our summary: Franchised 2023: 159 → 185
“Franchised 2023 159 185 +26”
Note: The cited page does not establish the Table 1 systemwide start/end row.
Item 21 · PDF p. 161 · 2025 FDD
Our summary: Stride trademark impairment — 2023
“Definite-lived intangible asset impairments during the period ended December 31, 2023, related to trademarks of the Row House and Stride brands for which the carrying value was deemed not recoverable in the amount of $127 and $53, respectively.”
Note: Supplied quote could not be confirmed on the cited PDF page excerpt.
Item 21 · PDF p. 166 · 2025 FDD
Our summary: Non-current deferred costs — 2023
“approximately $36,935 and $45,350 of non-current deferred costs, respectively.”
Note: Supplied quote could not be confirmed on the cited PDF page excerpt.
Item 21 · PDF p. 165 · 2025 FDD
Our summary: Increase, excluding amounts recognized — 2023
“Increase, excluding amounts recognized during the period 24,363”
Note: Supplied quote could not be confirmed on the cited PDF page excerpt.
Item 21 · PDF p. 165 · 2025 FDD
Our summary: Non-current deferred revenue — 2023
“Non-current portion of deferred revenue 96,064 111,320”
Note: Supplied quote could not be confirmed on the cited PDF page excerpt.
Item 21 · PDF p. 165 · 2025 FDD
Our summary: Non-current deferred revenue — 2024
“Non-current portion of deferred revenue 96,064 111,320”
Note: Supplied quote could not be confirmed on the cited PDF page excerpt.
Item 21 · PDF p. 166 · 2025 FDD
Our summary: Total definite-lived intangible assets, gross — 2023
“Total definite-lived intangible assets 18,002 (3,873 ) 14,129 18,003 (1,729 ) 16,274”
Note: Supplied quote could not be confirmed on the cited PDF page excerpt.
Item 21 · PDF p. 164 · 2025 FDD
Our summary: Stride transition support cash payments
“the Member will assist the buyer with transition support including cash payments of approximately $265 payable over the 12-month period following divestiture.”
Note: Supplied quote could not be confirmed on the cited PDF page excerpt.
Item 21 · PDF p. 166 · 2025 FDD
Our summary: Depreciation expense — 2023
“Depreciation expense for the periods ended December 31, 2024 and 2023, was $4,460 and $2,844, respectively.”
Note: Supplied quote could not be confirmed on the cited PDF page excerpt.
Item 21 · PDF p. 166 · 2025 FDD
Our summary: Current deferred costs — 2023
“At December 31, 2024 and 2023, there were approximately $3,814 and $4,065 of current deferred costs”
Note: Supplied quote could not be confirmed on the cited PDF page excerpt.
Item 21 · PDF p. 165 · 2025 FDD
Our summary: Increase excluding amounts recognized — 2024
“Increase, excluding amounts recognized during the year 8,334”
Note: Supplied quote could not be confirmed on the cited PDF page excerpt.
Item 21 · PDF p. 164 · 2025 FDD
Our summary: Stride transition support period
“the Member will assist the buyer with transition support including cash payments of approximately $265 payable over the 12-month period following divestiture.”
Note: Supplied quote could not be confirmed on the cited PDF page excerpt.
Item 21 · PDF p. 164 · 2025 FDD
Our summary: AKT wind-down net gain
“the Company recognized a net gain of $77 for impairment of intangible assets offset by accelerated recognition of franchise fee revenue and related costs during the year ended December 31, 2024.”
Note: Supplied quote could not be confirmed on the cited PDF page excerpt.
Item 21 · PDF p. 166 · 2025 FDD
Our summary: Total definite-lived intangible assets, gross — 2024
“Total definite-lived intangible assets 18,002 (3,873 ) 14,129 18,003 (1,729 ) 16,274”
Note: Supplied quote could not be confirmed on the cited PDF page excerpt.
Item 21 · PDF p. 166 · 2025 FDD
Our summary: Total definite-lived intangible assets, net — 2023
“Total definite-lived intangible assets 18,002 (3,873 ) 14,129 18,003 (1,729 ) 16,274”
Note: Supplied quote could not be confirmed on the cited PDF page excerpt.
Item 21 · PDF p. 162 · 2025 FDD
Our summary: Royalty rate
“The royalty rate in the franchise agreement is typically 7% of the gross sales of each location operated by each franchisee.”
Note: Supplied quote could not be confirmed on the cited PDF page excerpt.
Item 21 · PDF p. 162 · 2025 FDD
Our summary: Initial franchise fee lower end — single studio
“initial franchise fee ranges from $60 (single studio) to $350 (ten studios)”
Note: Supplied quote could not be confirmed on the cited PDF page excerpt.
Item 21 · PDF p. 163 · 2025 FDD
Our summary: Online training access period
“Fees received by the Company for online class training are recognized as revenue over time for the 12-month period that the Company is obligated to provide access to the online training content.”
Note: Supplied quote could not be confirmed on the cited PDF page excerpt.
Item 21 · PDF p. 166 · 2025 FDD
Our summary: Total definite-lived intangible assets, accumulated amortization — 2024
“Total definite-lived intangible assets 18,002 (3,873 ) 14,129 18,003 (1,729 ) 16,274”
Note: Supplied quote could not be confirmed on the cited PDF page excerpt.
Item 21 · PDF p. 166 · 2025 FDD
Our summary: Non-current deferred costs — 2024
“approximately $36,935 and $45,350 of non-current deferred costs, respectively.”
Note: Supplied quote could not be confirmed on the cited PDF page excerpt.
Item 21 · PDF p. 162 · 2025 FDD
Our summary: Franchise agreement term
“The Company’s franchise agreements typically operate under ten-year terms with the option to renew for up to two additional five-year successor terms.”
Note: Supplied quote could not be confirmed on the cited PDF page excerpt.
Item 21 · PDF p. 166 · 2025 FDD
Our summary: Current deferred costs — 2024
“At December 31, 2024 and 2023, there were approximately $3,814 and $4,065 of current deferred costs”
Note: Supplied quote could not be confirmed on the cited PDF page excerpt.
Item 21 · PDF p. 161 · 2025 FDD
Our summary: AKT web design/domain impairment — 2024
“recognized an impairment loss of $1 during the year ended December 31, 2024.”
Note: Supplied quote could not be confirmed on the cited PDF page excerpt.
Item 21 · PDF p. 161 · 2025 FDD
Our summary: Row House trademark impairment — 2023
“Definite-lived intangible asset impairments during the period ended December 31, 2023, related to trademarks of the Row House and Stride brands for which the carrying value was deemed not recoverable in the amount of $127 and $53, respectively.”
Note: Supplied quote could not be confirmed on the cited PDF page excerpt.
Item 21 · PDF p. 166 · 2025 FDD
Our summary: Total definite-lived intangible assets, net — 2024
“Total definite-lived intangible assets 18,002 (3,873 ) 14,129 18,003 (1,729 ) 16,274”
Note: Supplied quote could not be confirmed on the cited PDF page excerpt.
Item 21 · PDF p. 162 · 2025 FDD
Our summary: Initial franchise fee upper end — ten studios
“initial franchise fee ranges from $60 (single studio) to $350 (ten studios)”
Note: Supplied quote could not be confirmed on the cited PDF page excerpt.
Item 21 · PDF p. 166 · 2025 FDD
Our summary: Depreciation expense — 2024
“Depreciation expense for the periods ended December 31, 2024 and 2023, was $4,460 and $2,844, respectively.”
Note: Supplied quote could not be confirmed on the cited PDF page excerpt.
Item 21 · PDF p. 162 · 2025 FDD
Our summary: Length of each successor term
“The Company’s franchise agreements typically operate under ten-year terms with the option to renew for up to two additional five-year successor terms.”
Note: Supplied quote could not be confirmed on the cited PDF page excerpt.
Item 21 · PDF p. 162 · 2025 FDD
Our summary: Number of possible successor terms
“The Company’s franchise agreements typically operate under ten-year terms with the option to renew for up to two additional five-year successor terms.”
Note: Supplied quote could not be confirmed on the cited PDF page excerpt.
Item 21 · PDF p. 166 · 2025 FDD
Our summary: Total definite-lived intangible assets, accumulated amortization — 2023
“Total definite-lived intangible assets 18,002 (3,873 ) 14,129 18,003 (1,729 ) 16,274”
Note: Supplied quote could not be confirmed on the cited PDF page excerpt.
Independent analysis of franchisor-provided data. Not investment advice. Franopolis does not distribute FDDs.
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