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Entrepreneur: Start & Grow Your Business

YAS Fitness Centers

Fitness classes & sportswear

Background

Founded: 2001 Franchising since: 2008
1101 Abbot Kinney Blvd.
Venice, California 90291
Phone:
(310)383-4587


Franchisor is a privately-held company with 4 employee(s); 4 employee(s) in franchise department.

Franchise Growth
Year U.S. Franchises Canadian Franchises Foreign Franchises Company Owned
2009 2 0 0 1
2008 2 0 0 1
2007 0 0 0 1
2006 N/A N/A N/A 1
2005 N/A N/A N/A 1

Where Seeking Franchisees
In the U.S. California, Colorado, Florida, New york

Exclusive territories not available.
Territory size: By city

Costs and Fees

Total investment: $267.8K-352.5K
Franchise fee: $45K
Ongoing royalty fee: 6%
Term of agreement: 5 years, renewable


Type of Financing Available
In-House Third Party
Franchise Fee No No
Startup Costs No Yes
Equipment No Yes
Inventory No No
Accounts Receivable No No
Payroll No No

Qualifications
Net worth requirement: $150K
Cash liquidity requirement: $45K
Business Experience:
  • General business experience

Operations
  • Number of employees needed to run franchised unit: 15 - 18
  • Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)

Training and Support

Training
  • Available at headquarters
  • At franchisee's location: as needed

Ongoing Support
  • Newsletter
  • Meetings
  • Toll-free phone line
  • Grand opening
  • Internet
  • Security/safety procedures
  • Field operations/evaluations
  • Purchasing cooperatives

Marketing Support
  • Co-op advertising
  • Ad slicks
  • National media
  • Regional advertising