Lyft 24
Lyft 24 provides specialty health and fitness club services that combine exercise with recovery offerings such as saunas, ice baths, and red light therapy. We serve people looking for a convenient wellness destination where they can work out and access recovery amenities in the same club. Our business operates from a physical club location and is built around memberships, in-club services, and a consistent customer experience. We use our branded system, methods, and service standards to run each location.
Your franchise match score
Fitness
Brand highlights
- CEO
- Headquarters870 East Williams Field Road, Gilbert, AZ, 85295
- Year founded2022
- Year started franchising2023
- IndustryFitness
- Locations open1 (+1 last three years)
Statistics & metrics
- Investment range$358,000 - $1,931,000
- Franchise fee$39,000
- RoyaltyThe greater of 6% of Gross Sales or $2,495 per month
- Brand fund2% of Gross Sales
- Required Liquid CapitalN/A
- Required Net WorthN/A
Learn more about the Fitness industry:
The fitness industry includes gyms, yoga studios, and personal training franchises. With a growing focus on health and wellness, this sector offers opportunities to help others achieve their fitness goals.
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FDD insights
The information shown below is derived from publicly available franchise disclosure documents (FDDs), including the version issued as of the issuance date listed below, and other third-party sources. This information may not reflect the most current FDD. It is provided for general informational purposes only and is not part of any franchise offering or sales process. Franchise Sidekick is not providing or furnishing an FDD in accordance with FTC requirements. You should obtain and review the most current official FDD directly from the franchisor before making any investment decision.
FDD Version Referenced - Issuance Date: 2024-03-27
| Category | Detail | View |
|---|---|---|
| The Franchisor & Executives | Learn about Lyft 24, its parent company, and the executive leadership team responsible for operating and supporting the franchise system. | |
| Business Experience | Review the professional backgrounds and relevant business experience of Lyft 24's executives, directors, and key management personnel. | |
| Litigation | Understand any past or pending legal actions involving Lyft 24, its affiliates, or key personnel that may be relevant to prospective franchisees. | |
| Estimated Initial Investment | Review the estimated total initial investment required to open a Lyft 24 franchise, including startup costs and working capital estimates. | |
| Financial Performance Representations | Review any financial performance information Lyft 24 provides, including revenue or earnings data, if disclosed. |
Location data
| Total locations | 1 |
| Franchise locations | 0 |
| Corporate locations | 1 |
System growth over time
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