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Yoga Bugs Franchise
(as seen on Dragons Den)
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Business Concept:
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When you become a franchisee with YogaBugs you will be awarded an exclusive territory for you to develop. It will be your job to enrol current qualified YogaBugs and Yoga’d Up teachers and to recruit and train new staff. The challenge then is to utilise the YogaBugs Ltd network of strong relationships to enlist a sufficient quantity of schools and nurseries to host classes run by your teachers. Your return comes from class revenue and merchandise sales. To be successful you will need to keep a growing team of teachers as busy as possible!
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Level of Investment required:
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The Franchise cost is £9,900+vat & working capital. Further details on the finances package are supplied on application.
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Description of Business & Activities:
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As a Management Franchisee, you will be required to organise and run YogaBugs & Yoga’d Up classes in your own exclusive territory. You will take responsibility for all aspects of your business including:
- Building a team of teachers
- Running classes & other special events such as birthday parties
- Local advertising & marketing
- Finding appropriate venues
- Dealing with all enquiries from parents, schools, nurseries etc
- Collecting all class and registration fees
- Managing waiting lists and completing all necessary administration
- Developing merchandise sales
YogaBugs Ltd already has a trained network of teachers who are offering classes throughout the UK and Ireland. You will be responsible for working with these teachers, finding them additional classes, whilst further developing the network of teachers in your area.
Classes can be run in a variety of venues: Nurseries and schools, community and childcare centres, health and sports clubs, private crèches and play schools, supermarkets and shopping centres and holiday clubs.
The majority of classes are held during term time, which means this business works well around the demands of family life. However, it is important to remember that the opportunity and potential demand for classes is huge and we will encourage you to look at all exciting revenue streams, which include holiday clubs and birthday parties.
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Earning Potential:
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operating profit yr 1: 18,000 operating profit yr 2: 48,000
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Ongoing Financial Commitment:
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12% Management Service Fee & 2% National Marketing levy
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Training & Support:
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YogaBugs Franchising Ltd will provide you with thorough training to start you on your way to running a successful business. You will also be provided with an excellent support service to help ensure you meet your goals, whilst introducing on-going training programmes to ensure your business is offering fresh new materials and creating new revenue streams.
The training will cover the following subject areas:
- How to recruit, manage & motivate your team of teachers in your area
- How to develop strong and lasting relationships with schools and parents to secure work for teachers
- How to effectively advertise and market your business
- How to manage class enrolment in a timely and efficient manner to maximise your time for building the business
- Child Protection Training
- Managing your accounts, tax and administration
- Reporting procedures
- Support system and how it will work
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Experience Required:
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A YogaBugs Franchise is a simple business to run. The key skills required by you are determination, enthusiasm and a belief in the business. Knowledge of yoga is not necessary and business experience is helpful, however our support team will ensure you receive a thorough training and send you off with all the tools for the success and growth of your business.
We are looking for organised, confident, warm and friendly people who want to run their own business. They must enjoy the challenge and be committed to building a strong successful enterprise. They must also enjoy working to deadlines and staying focused on the exciting opportunities that this business can offer them. As well as the initial start up cost you must be able to supply evidence that you have enough money available to support your business during its first year.
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For more information:
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Lara on 020 8772 1800 or email lara@yogabugs.com
website: Yogabugs
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Kalpana Patel,North WestLondon Franchisee, YogaBugs
“I've always wanted to have my own business and knew that taking the franchise route would be the best option. I had seen YogaBugs on Dragon's Den and loved their concept. After having a baby I was not ready to go back to work and miss out on her growing up, so was determined to do something of my own.
I started doing a lot of research on the web and found whichfranchise.com extremely helpful and very user-friendly. When I came across YogaBugs on whichfranchise.com I was very excited.
I've recently bought the North-West London YogaBugs franchise and love what I am doing. It also allows me to spend valuable time with my baby. Thank you whichfranchise for helping me find the right franchise for me.” 
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