Profile: Yogaworks Inc (YOGA.PH)
5 Jun 2019
YogaWorks, Inc., incorporated on December 1, 2014, is a yoga instruction company. The Company provides yoga instruction in the United States with 50 company-owned studios as well as its Internet-based digital media service, MyYogaWorks.com. Its classes are designed to safely challenge practitioners of all levels, making yoga accessible to a diverse population ranging from beginners and casual practitioners to seasoned yogis and professional athletes. It offers a broad range of yoga disciplines and levels from fast-paced flow to soothing restorative and integrated fitness classes.
The Company has brands in six geographically dispersed U.S. markets: Los Angeles, Orange County (California), New York City, Northern California, Boston and Baltimore/Washington D.C. It offers six months and annual prepaid memberships. It also offers private classes for those who wish to receive one-on-one instruction. It offers both 200-hour and 300-hour programs to prospective teachers in its teacher training program. Its MyYogaWorks.com offers unlimited access to over 1,000 online yoga classes through a monthly subscription model, offering options based on monthly price and the length of the subscription. It utilizes MINDBODY Online, an online health-focused business management software, which handles processing class sign-ups, billing students, updating student information, processing point-of-sale transactions and online payments, tracking and analyzing sales data, studio utilization, billing performance and demographic profiles. As of March 31, 2017, the Company owned and operated 50 yoga studios.
The Company competes with CorePower Yoga, Equinox, Life Time Fitness, LA Fitness, 24 Hour Fitness, Planet Fitness and Town Sports International.
5780 Uplander Way
CULVER CITY CA 90230-6606