PickUp USA Fitness vs *YogaSix Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of PickUp USA Fitness vs *YogaSix including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
PickUp USA Fitness Franchise
*YogaSix Franchise
Investment $533,266 - $1,150,054$279,997 - $571,681
Franchise Fee $45,000$60,000
Royalty Fee 6%7%
Advertising Fee 1% - 2%2%
Year Founded 20112012
Year Franchised 20162018
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements
 
PickUp USA Fitness Franchise
*YogaSix Franchise
Experience

While not required, a passion for fitness and basketball is a huge plus! Owning a fitness club is a tremendous opportunity to build a business doing something you love. To get started, franchise candidates, either individually or cumulatively amongst a group of investors, should have a minimum of $150,000 in liquid capital and $300,000 in net worth. This gives a new franchisee the base financials to attempt to obtain necessary bank financing to be properly capitalized to launch a PickUp USA.

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Financing Options
 
PickUp USA Fitness Franchise
*YogaSix Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support
 
PickUp USA Fitness Franchise
*YogaSix Franchise
Training

* Comprehensive 8 day training at our headquarters in Irwindale, CA for you and your two managers

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Support

PickUp USA provides comprehensive support from the day you sign your franchise agreement. * Pre-Open Support * Grand Opening Support * Ongoing Support o Assistance with site-selection, club layout, design & construction o Comprehensive 8 day training o On-site guidance for 5 days from our corporate team o Support with marketing, sales and operations o Continuous, on-site, telephone and email support will be with you during your entire journey o Your success is our success!

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Marketing --
Operations

We require an owner/operator Approximately 10 staff are needed to run a PickUp USA Fitness club.

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Expansion Plans
 
PickUp USA Fitness Franchise
*YogaSix Franchise
US Expansion YesYes
Canada Expansion --
International Expansion -Yes

Company Overviews

About PickUp USA Fitness


Basketball-Focused Fitness Clubs!

PickUp USA Fitness clubs are full-service, basketball-focused gyms. Our clubs offer: group & private basketball training, officiated games of pickup basketball, full weight & cardio rooms, retail merchandise, lounges, and much more! We started our unique fitness concept in 2011, and spent 5 years refining our product, processes, and brand before franchising in 2016.

Limitless Opportunity

* In 2014, total US health club revenues increased 7.4% to $24.2 billion with 54.1 million Americans belonging to at least one health club nationwide (IHRSA data)
* Over 23 million people/year participate in basketball activities in the US (Statista data)
* PickUp USA Fitness is the only basketball-focused fitness club operating in the US, and generates revenue from 4 diverse channels:

     o Membership Dues
     o Private Training Packages
     o Merchandise Sales
     o Private Court Rental Fees


Streamlined Operating Model
  • Plug- and-play, refined and simple operating model
  • Less than 10 total employees needed to run a PickUp USA
  • Passionate staff that love fitness and basketball are naturally attracted to PickUp USA
  • Polished marketing, sales, and operating processes allow your gym to operate seamlessly 365 days/year
  • Established relationships with reputable suppliers and vendors:
    • Gatorade
    • SportCourt
    • Wilson Basketball
    • StarTrac
    • ClaytonKendall
  • Minimal inventory management with simple processes for ease of operating
  • Bottom-line: A polished operating system allows you to have fun, interact with customers, and grow your business!



About *YogaSix

"Yoga

Yoga Six Franchise, LLC offers for sale a franchise to establish and operate a fitness studio that offers and provides indoor yoga classes/instruction and other related exercise classes under the franchisor’s then-current proprietary marks, which currently includes our principal mark Yoga Six

The total investment necessary to begin operations of a Studio franchise ranges from $279,997 to $496,681. This amount includes $121,558 and $130,258 must be paid to the franchisor or its affiliate prior to opening.
The total investment necessary to develop multiple Studios under the franchisor’s form of area development agreement depends on the number of franchises the franchisor grants you the right to open, which in all cases will be three or more under this Disclosure Document. The total investment necessary to enter into an area development agreement for the right to develop three Studios is $354,997 and $571,681 which includes
a development fee of $135,000 that is paid to the franchisor or their affiliates prior to opening, and the total estimated initial investment to begin operation of your initial Studio.


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