Multi-Unit Franchisee Magazine Special Edition | Page 58

R E TA I L & S E R V I C E S Opportunity Description Lift Brands is the largest wellness franchise organization in the world, with 3,000 clubs open or in development in 18 countries, 400 employees, and 1.5 million members. FAST FRANCHISE FACTS Rankings Franchising Since: 2004 • Franchise 500: #47 (2015) Multi-Unit Franchisee Operating Units: 55% Total Franchise Operating Units: 3,000 open or in • America’s Top Global: #23 (2014) development • 5-time Franchise 500 Honoree Company Operating Units: 99 • 5-time Inc. 5000 Honoree Capital Investment (initial): Snap Fitness: $109,525 - • Fastest-Growing: #96 (2013) $285,620 | YogaFit: $93,200 - $199,300 Franchise Fee (per unit): Snap Fitness: $25,000 for 1; $60,000 for 3 | YogaFit: $25,000 for 1; $60,000 for 3 Royalty Fee (per unit): Snap Fitness: $509 per month | YogaFit: Qualifications Generally speaking, you are likely to qualify financially with the following. Snap Fitness: $75,000 liquid assets, $250,000 net income, $75,000 combined household income. YogaFit: $45,000 liquid assets, $75,000 net worth. 56 the greater of 5% gross revenue or $500 per month Advertising Fee (per unit): 0% Earnings Claims: Yes Build-Out Options: Dedicated in-house support team to help with planning and execution Available Territories: Snap Fitness: Worldwide | YogaFit: US and Canada Site Location Assistance Site selection assistance, including lease negotiation. CONTACT [phone] [email protected] liftbrands.com MULTI-UNIT BUYER’S GUIDE 2016 MUBG16_listing_pages27-59_4.indd 56 4/7/16 5:00 PM