Lyft 24

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Founded

2022

Started franchising

2023

Industry
Fitness
Sub industry
Gyms

Lyft 24 is a 24-hour fitness center offering members convenient access to a variety of equipment, personal training, and group fitness classes, promoting a healthy and active lifestyle.

KEY FRANCHISE STATS

All you need to know about this franchise in a snapshot

Initial investment

?

$358,000
 - 
$1,931,000

Initial franchise fee

?

$39,000

Royalty fee

?

6.00%

Advertising fee

?

4% - 10%

Revenue (AUV)

?

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Undisclosed

vs.

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for

Gyms
franchises

Operating Profit

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Undisclosed

vs.

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for

Gyms
franchises
Franchised units

?

0

+
n.a.
(
0
)
n.a.
(
0
)

vs. 2 years ago

Company-owned units

?

1

Total units

?

1

UNITS

This is how many units the franchise has in total

Franchised units
Company-owned units
Total units

2024

0

1

1

0

0

0

0

0

0

PROFITABILITY

Find how profitable this franchise is vs. industry benchmarks

Lyft 24
Fitness
franchises
Gyms
franchises

Operating Profit

?

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Undisclosed

Sales : Investment ratio

?

Undisclosed

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n.a.

Investment Payback

?

Undisclosed

n.a.

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Franchise Disclosure Document

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2,124 franchises
Franchise fees
Total investment

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150+ industry benchmarks
Revenue (AUV)

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Profitability metrics

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Investment Payback (ROI)

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COMPETITORS OF

Lyft 24

Franchise
Units
Growth
Initial fee
Investment
Revenue (AUV)
Gross Profit

0

+
n.a.
n.a.
No growth

$39,000

$358,000

-

$1,931,000

Undisclosed

Pro
Pro

ADDITIONAL INFORMATION

Home based franchise

Passive investment opportunity

Item 19 available

Franchise opportunities in Canada

International franchise opportunities

E2 Visa franchise