Yoga Six

17877 Von Karman Ave., Suite 100

[email protected]

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The franchisor is Yoga Six Franchise SPV, LLC, a Delaware limited liability company, which began offering franchises for Yoga Six-branded studios in September 2018. Its principal business address is 17877 Von Karman Ave., Suite 100, Irvine, California 92614. Its ultimate parent is Xponential Fitness, Inc.

We offer for sale a franchise to operate a Franchised Business that is operated pursuant to the terms of our franchise agreement attached to this Disclosure Document as Exhibit A (the “Franchise Agreement”). We expect that a Studio will typically be located in a retail shopping center, and this franchise offering assumes that the size of a typical Studio will be at least around 2,000 square feet in size. We may (but are under no obligation to) consider alternative sites, on a case-by-case basis. Under the Franchise Agreement, we will also grant you the right to operate your Franchised Business within a designated geographical area wherein you will also be able to actively promote the Franchised Business and solicit new clientele (the “Designated Territory”). If you (a) own an existing yoga studio or similar fitness facility, and (b) meet our other qualifications, then we may permit you to convert your existing business to a Studio. A converted Studio will likely encounter lower investment requirements than those of a start-up Studio. Each Studio will typically offer and provide: (i) yoga and other exercise programs through live instructional group and individual classes; (ii) clientele membership programs whereby your Studio clientele can attend a defined number of classes over a given period of time; (iii) any other services that we develop, designate and/or otherwise authorize such Studio(s) to offer in writing (collectively, the “Approved Services”). As described more fully in this Disclosure Document, a franchised Studio may be permitted and authorized to provide our proprietary “Teacher Training Program” as part of its Approved Services, provided the Studio at issue has (i) a “Master Trainer” on-site at the Studio to provide this Program to clientele or other potential instructors of your Studio, and (ii) the franchisee that owns that Studio has otherwise demonstrated that it is capable of providing the Teacher Training Program via such a Master Trainer without affecting the Studio's provision of other Approved Services. Typically, all classes and other Approved Services will be paid for and scheduled online via the Internet. As part of the franchise relationship under the Franchise Agreement, our franchisees are each granted the right to open and operate their respective Franchised Business(es) utilizing: (i) our then-current Marks, which may include trademarks, service marks, trade names, trade dress, logo and other source identifying branding; and (ii) our thencurrent proprietary business operations System that is comprised of, among other things (a) initial and ongoing training and instruction and corresponding training materials, (b) one (1) or more templates with respect to the design and layout of a typical Studio, (c) specifications and standards for the offer and provision of the Approved Services and otherwise manage and operate a Studio, (d) standards and specifications for certain furniture, fixtures, equipment, supplies, inventory and the buildout associated with the establishment and ongoing operation of a Franchised Business, including certain packages comprised of these kinds of items that can be purchased from us or the supplier we have designated or approved for such items/packages (each, an “Approved Supplier”), (e) access to Approved Suppliers, including those with which we have established relationships; standards regarding quality customer service and certain financial control; and advertising, marketing and promotional programs and/or campaigns. Our then-current System standards, specifications and procedures (collectively, the “System Standards”) are typically described in our confidential operations manual (the “Operations Manual”), other written manuals we may loan to our System franchisees (collectively, the “Manuals”) or otherwise in writing by us. Please note that we always have the irrevocable right to supplement, discontinue, substitute and/or otherwise modify or further develop the Marks, System and Manuals, as we determine appropriate in our discretion.

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