The Yard Gym franchise unit economics
The Yard Gym franchisees run boutique strength and conditioning studios where coaches supervise pre-recorded group classes, sold as memberships and class packages.
The Yard Gym in the news
- The Yard Gym's Partnership with Nike Training Exceeds All Expectations · Athletech News ·
The headline above on The Yard Gym is the publisher's own and links to the publisher. Averan Advisors checked this Yard Gym link on 11 October 2026. Franchise news lists news on 88 brands, including The Yard Gym. The Yard Gym is in the Group Training Studios franchise guide.
The Yard Gym franchise at a glance
The FDD from TYG Enterprises, LLC, issued December 8, 2025, reports gross revenue for 2 of the 9 franchised gyms open in the United States, both in San Diego.
The Yard Gym’s two reporting gyms averaged $739,497* of gross revenue in the 12 months to September 30, 2025, according to Item 19 of The Yard Gym’s 2025 FDD, issued 8 December 2025. The 2 in that group are 22%* of The Yard Gym’s 9 US franchised gyms. Fees paid to The Yard Gym come to about 10.38%* of sales.
- A Yard Gym franchise costs $398,550 to $954,100 to open as a start-up, according to Item 7, and $189,550 to $240,600 of that is paid to the franchisor or its affiliates.
- The Yard Gym reports gross revenue for 2 franchised gyms in San Diego that were open for the full 12 months to September 30, 2025: $697,773 and $781,220.
- The Yard Gym charges a royalty of 7% of Gross Revenue or $1,600 a month, whichever is greater, and a marketing fee of 2% or $200 a month, whichever is greater.
- The Yard Gym requires each owner to spend at least 3% of Gross Revenue each quarter on approved local marketing and to pay a technology fee of $850 a month.
- The Yard Gym had 9 franchised gyms in the United States at June 30, 2025, up from 2 a year earlier, and 55 franchise agreements signed but not yet open.
- A Yard Gym owner must run at least 12 of the 50-minute group classes a day and 288 a month, starting 30 days after opening.
These figures come from The Yard Gym's 2025 Franchise Disclosure Document, as the brand reported them, and were read by Averan Advisors. The $739,497 average is an Averan calculation: ($781,220 + $697,773) / 2.
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Talk to Averan → Averan The Yard Gym Conversion Package →- Two of nine US gyms are in the revenue figures. Item 19 excludes 8 gyms that opened during the 2024/2025 fiscal year and every gym outside the United States. Both reporting gyms are in San Diego, and the FDD says they may operate under terms that differ from the current franchise agreement.
- Franchise 2 grew 19.6%* and Franchise 1 fell 0.7%*. Franchise 2 went from $583,420 to $697,773, an increase of $114,353*. Franchise 1 went from $786,761 to $781,220, a decrease of $5,541*.
- $189,550 of the $398,550 low estimate is paid to the franchisor or its affiliates. That is 47.6%* of the low total, according to the cover page. The initial exercise pack, bought from a TYG affiliate for $112,500 to $122,500, is the largest single line in Item 7 at the low end.
- Royalty, marketing fee and technology fee come to 10.38%* of the average. At $739,497* of gross revenue, that is $76,755* a year paid to the franchisor. The 3% local marketing spend adds $22,185*, paid to third parties.
- The FDD prints a median total of $387,947.50 for the 2024/2025 year. The two gyms took in $697,773 and $781,220, so the median of the two is $739,496.50*. The printed monthly median, $61,624.71, matches the two monthly figures.
Revenue
How much does a Yard Gym franchise make?
| Gym | Opened | Oct 2023 to Sep 2024 | Oct 2024 to Sep 2025 | Monthly, 2024/2025 | Change* |
|---|---|---|---|---|---|
| Franchise 1, San Diego | January 28, 2023 | $786,761 | $781,220 | $65,101.67 | −0.7%* |
| Franchise 2, San Diego | July 15, 2023 | $583,420 | $697,773 | $58,147.75 | +19.6%* |
| Average of the two* | $685,091* | $739,497* | $61,625* | +7.9%* |
Source: Item 19 of The Yard Gym FDD issued December 8, 2025. Gross Revenue from franchisee sales reports, unaudited and unverified. Averages and changes are Averan calculations.
Two franchised gyms in San Diego averaged $739,497* of gross revenue in the 12 months to September 30, 2025. Franchise 1 took in $781,220 and Franchise 2 took in $697,773. These are the 2 gyms that were open for the whole of both 12-month periods the FDD measures.
Item 19 excludes 8 gyms that opened during the 2024/2025 fiscal year. It also excludes every gym outside the United States. The FDD says both reporting gyms are generally representative of the gyms under development, and that they may operate under different terms from the current franchise agreement.
Gross Revenue includes memberships, class packages, personal and class instruction, and branded merchandise. It excludes sales taxes, tips, and the value of services redeemed through membership benefits or gift cards. Proceeds from memberships and class packages count when sold, whether or not they are used.
The FDD gives no profit, cost or wage figures. Item 19 reports gross revenue and average monthly gross revenue, and no other figures.
The affiliate network outside the United States is larger. Item 1 says a TYG affiliate had signed 110 franchise agreements by June 30, 2025, with 60 franchisee-owned gyms open in Australia and New Zealand. The FDD gives no revenue for those gyms.
Gym by gym
Revenue at each reporting gym
| Gym | Time open at September 30, 2025 | Oct 2023 to Sep 2024 | Oct 2024 to Sep 2025 |
|---|---|---|---|
| Franchise 1 | 2 years, 8 months | $65,563.42 | $65,101.67 |
| Franchise 2 | 2 years, 2 months* | $48,618.34 | $58,147.75 |
Source: Item 19. The FDD prints Franchise 2’s time open at September 30, 2025 as 1 year, 2 months; a gym opened July 15, 2023 had been open 2 years, 2 months at that date (Averan calculation).
Item 19 does not split gyms into bands or quartiles. It lists each of the two reporting gyms separately, so the range is the two figures: $697,773 to $781,220 in the 2024/2025 year, a gap of $83,447*.
Franchise 1 averaged about $65,000 a month in both years. Its monthly average was $65,563.42 in the year to September 2024 and $65,101.67 in the year to September 2025.
Franchise 2’s monthly average rose from $48,618.34 to $58,147.75. That is the second and third years after its July 2023 opening. Over the same two years, the gap between the two gyms narrowed from $203,341* to $83,447*.
The Item 19 tables carry three printing errors. The heading gives both periods as ending September 20 while the text and tables say September 30. Franchise 2’s time open is shown as 1 year, 2 months in both tables. The 2024/2025 median total is printed as $387,947.50, below both gyms’ figures.
Brand charges
Brand charges
| Charge | Terms | At the average* | Share of revenue* |
|---|---|---|---|
| Royalty | 7% of Gross Revenue or $1,600 a month, whichever is greater; $400 debited weekly, reconciled monthly | $51,765* | 7% |
| Marketing Fee | 2% of Gross Revenue or $200 a month, whichever is greater | $14,790* | 2% |
| Local marketing | At least 3% of Gross Revenue each quarter, spent by the owner with third parties | $22,185* | 3% |
| Technology Fee | $850 a month | $10,200* | 1.38%* |
| Paid to the franchisor: royalty, marketing fee and technology fee | $76,755* | 10.38%* |
Source: Items 5 and 6 of The Yard Gym FDD. Dollar amounts at the average and the technology fee share are Averan calculations.
The royalty minimum is $19,200* a year. 7% of Gross Revenue passes $1,600 a month at about $274,286* of annual revenue. Both reporting gyms are above that level. The franchisor may raise the minimum royalty by up to 10% a year.
The marketing fee minimum is $2,400* a year. 2% of Gross Revenue passes $200 a month at $120,000* of annual revenue. The minimum marketing fee may also rise by up to 10% a year.
The technology fee starts before opening. It is $850 a month from the month after the lease is signed, and covers Mindbody software, a website subpage, three email addresses, lead software and a Twilio account. It can rise with Mindbody and Twilio prices, and by up to 10% each January 1. Text message credits, typically $50 to $200 a month, are extra.
A shortfall in local marketing is paid to the franchisor with a 25% surcharge. If spending is below 3% of Gross Revenue in a quarter, the owner pays the difference plus 25% of it into the Marketing Fund.
Other fees apply on events. Renewal is $7,500, transfer is $10,000, non-compliance fees are $250 to $2,000 per infraction, and a $5,000 security deposit is required after any late payment. A conversion franchisee pays no royalty or marketing fee for the first 8 weeks after opening.
Cost to open
Cost to open
| Line | Low | High |
|---|---|---|
| Initial exercise pack, from a TYG affiliate | $112,500 | $122,500 |
| Leasehold improvements, fixtures, signs and design | $100,000 | $300,000 |
| Additional funds, to 3 months after opening | $60,000 | $100,000 |
| Initial franchise fee | $50,000 | $50,000 |
| Real estate lease and lease security deposit | $24,000 | $280,000 |
| Computer system and business equipment | $20,000 | $25,000 |
| Grand opening launch marketing | $15,000 | $27,500 |
| Opening inventory of branded retail merchandise | $5,000 | $10,000 |
| Additional fitness equipment | $3,000 | $9,000 |
| Technology fees before opening | $2,550 | $5,100 |
| Professional fees | $2,000 | $8,000 |
| Insurance | $2,000 | $5,000 |
| Training expenses | $1,000 | $5,000 |
| Other deposits, licenses and prepaid expenses | $1,000 | $5,000 |
| Music licensing | $500 | $2,000 |
| Total | $398,550 | $954,100 |
Source: Item 7 of The Yard Gym FDD. The low estimates assume a 2,000 square foot gym and the high estimates a 4,400 square foot gym. Both columns add to the printed totals (Averan check).
A start-up gym costs $398,550 to $954,100 to open. The estimate runs from signing the franchise agreement to 3 months after opening. Rent for that period sits in the real estate line, which ranges from $24,000 to $280,000, a spread of $256,000*.
$189,550 to $240,600 is paid to the franchisor or its affiliates before opening. That is 47.6%* of the low total and 25.2%* of the high total. The initial exercise pack alone is 28.2%* of the low total.
The launch fees run $17,500 to $27,500 in Item 5. A $7,500 Grand Opening Launch Fee is charged plus an Ad Spend Fee of $5,000 for every 4 weeks of an 8 to 16 week launch campaign. The Item 7 launch line starts at $15,000.
A conversion franchisee pays $25,000 for the franchise fee. That is 50% of the start-up fee. The conversion estimate is $236,550 to $539,100, with no real estate line. Second and later franchises take a 5% discount per agreement already held, up to 20%.
The FDD estimates 3 to 6 months from signing the lease to opening. A start-up must open within 180 days of taking possession of the site, or pay $750 for each 30-day extension.
Locations
Locations, 2023 to 2025
| Year | Start | Opened | Closed or left | End |
|---|---|---|---|---|
| 2023 | 0 | 2 | 0 | 2 |
| 2024 | 2 | 0 | 0 | 2 |
| 2025 | 2 | 7 | 0 | 9 |
Source: Item 20 of The Yard Gym FDD. The franchisor’s fiscal year runs July 1 to June 30. No company-owned gyms operated in the United States in any year.
The Yard Gym had 9 franchised gyms in the United States at June 30, 2025. Two opened in 2023, none in 2024 and 7 in 2025. The 7 gyms opened in 2025 are in Alabama, Arizona, Colorado, Hawaii, Michigan and Texas.
No gym was terminated, not renewed, reacquired, closed or transferred in the three years. Item 20 shows zero in each of those columns.
55 franchise agreements were signed but not open at June 30, 2025. California has 17 of them and Texas 11. The franchisor projects 24 franchised openings and 1 company-owned opening in the following year.
The franchisor has offered franchises in the United States since February 16, 2024. TYG Enterprises, LLC is a Delaware company with its principal office in Caringbah, New South Wales, Australia.
Questions we get asked
Questions owners ask
How much does it cost to open a Yard Gym franchise?
Item 7 estimates $398,550 to $954,100 for a start-up gym, including the $50,000 franchise fee, an exercise pack of $112,500 to $122,500 and $60,000 to $100,000 of additional funds. A conversion of an existing gym is estimated at $236,550 to $539,100.
What fees does a Yard Gym franchisee pay?
A royalty of 7% of Gross Revenue or $1,600 a month, whichever is greater, a marketing fee of 2% or $200 a month, whichever is greater, and a technology fee of $850 a month. The owner must also spend at least 3% of Gross Revenue each quarter on local marketing. At the $739,497* average of the two reporting gyms, the royalty, marketing fee and technology fee paid to the franchisor come to 10.38%* of revenue, and local marketing adds 3%.
How much revenue does a Yard Gym franchise make?
Item 19 reports two San Diego gyms, which took in $697,773 and $781,220 of gross revenue in the 12 months to September 30, 2025, an average of $739,497*. The FDD gives no profit figures.
How many gyms are in the Item 19 figures?
Two of the 9 franchised gyms open in the United States at June 30, 2025. Eight gyms that opened during the 2024/2025 fiscal year are excluded because they were not open for a full 12-month period, and gyms outside the United States are excluded.
How many Yard Gym locations are there?
Item 20 shows 9 franchised gyms in the United States at June 30, 2025, and 55 agreements signed but not yet open. Item 1 says a TYG affiliate has 60 franchisee-owned gyms open in Australia and New Zealand.
What does a conversion franchisee pay?
A conversion franchisee converts an existing strength and conditioning gym. The franchise fee is $25,000, which is 50% of the start-up fee, and no royalty or marketing fee is charged for the first 8 weeks after opening.
Questions worth putting to The Yard Gym
These are questions the filing leaves open. An owner or a buyer can put them to the franchisor directly.
- Is the revenue in Item 19 gross sales or collected revenue, and how many locations sit below the average?
- Which factors does The Yard Gym see in its highest-selling locations, such as territory, years open and staffing?
- How long does a new location take to reach the average you publish, and what does the build-up look like month by month?
- At what level of sales do the minimum charges stop applying and the percentage take over?
- How many Yard Gym locations closed, were sold, or changed hands last year, and why?
Run your own numbers.
The Franchise Numbers Check runs the same checks on your own numbers. It scores where you stand and compares you with Item 19 of your brand’s FDD. It works out what one location earns and spends, and builds a 13-week cash forecast. It also checks whether you are ready to open another one. It is free and it runs in your browser.
Launch the diagnostic →Reporting for a Yard Gym owner
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Questions owners ask next
The figures above raise these, and each one is answered on its own page.
- At what level of sales does a minimum fee stop costing me more than the percentage?It works out the sales level where a minimum fee stops applying.
- How much cash do I fund before a new location covers its own costs?It builds a 13-week forecast for the months before break-even.
- What does this location earn on the money I put into it?It works out the payback period and cash-on-cash return for one unit.
- How much of Item 19 can I rely on?It explains what an Item 19 financial performance representation tells you and what it leaves out.
Where these figures come from
Every figure here comes from TYG Enterprises, LLC’s 2025 FDD and is unaudited by us. We are unaffiliated with the brand. Calculations of our own are labeled where they appear. The figures describe past performance at other businesses and are not a projection of yours. This page is an educational summary. It is not an offer to sell a franchise, and it is not financial, legal or tax advice. The Yard Gym is a trademark of its owner. How Averan reads a Franchise Disclosure Document.
These figures come from the brand's disclosure. They are not a forecast, an offer to sell a franchise or advice. Source: TYG Enterprises, LLC, 2025 Franchise Disclosure Document, issued 8 December 2025.