Lyft 24 is a health and fitness club offering specialized recovery services. The franchise features saunas, ice baths, red light therapy, and other wellness treatments to support fitness and recovery.
Key Insights
- Lyft 24 originated from founders understanding that customers deserved significantly better options than what was currently available in the marketplace, leading to development of comprehensive service solutions that prioritize quality, reliability, and exceptional customer experiences.
- Educational delivery focuses on building strong foundational skills while simultaneously fostering creativity and critical thinking abilities, utilizing assessment tools and feedback systems that help students understand their progress and develop confidence in their academic capabilities.
- Industry trends favor businesses that can adapt quickly to changing regulations, customer preferences, and market conditions while maintaining quality standards, creating competitive advantages for organizations that invest in training, technology, and customer-focused service approaches.
Franchise Fee and Costs to Open
Exploring the financial picture of Lyft 24 gives insight into both the upfront commitment and the potential revenue opportunity. According to FDD Item 7, opening this franchise typically involves an investment in the range of $196,800 - $1,931,000, along with a franchise fee of $5,000 - $39,000.
Financial Performance and Revenue
Training and Resources
Mobius provides comprehensive initial training for new franchisees. This immersive program, lasting two weeks, takes place at our corporate headquarters. Mobius offers extensive resources including operational manuals, marketing materials, and ongoing support. We recommend leveraging these tools for a successful launch.
Legal Considerations
Legal considerations for a Lyft 24 franchisee are defined by the Franchise Disclosure Document (FDD) and the Franchise Agreement. This franchise does not disclose lawsuits or bankruptcy information in its FDD, but prospective franchisees should still review all terms thoroughly. Consultation with a qualified attorney is essential before making commitments.
Challenges and Risks
Franchisees might encounter considerations regarding the intensity of local market competition within the education sector, requiring strategic differentiation. The operational complexity inherent in managing educational programs and staff demands efficient systems. Furthermore, maintaining consistent program quality may involve reliance on specific pedagogical resources or supply chains, necessitating careful vendor relationships and inventory management.
Franchise Datasheet
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