The Yard Gym
Fitness · Gyms
- Active units
- 2
- Royalty
- 7.0%
Franchised, year-end 2023
of weekly Net Sales
About The Yard Gym
**Brand Description: The Yard Gym**
Founded in 2020 by Tiarne and Daniel Bova, The Yard Gym redefines the fitness experience in Sydney's Sutherland Shire. This innovative fitness space combines exceptional gym facilities with a unique aesthetic, offering a beautifully designed gym floor, a recovery room, and a weights room that caters to the diverse needs of its members. With over eight years of experience in the fitness industry, Daniel identified a significant gap in the market and envisioned a gym that enhances community and fitness engagement.
In addition to gym services, The Yard Gym is committed to fostering a strong brand presence, guided by Tiarne's decade-long experience in fashion and marketing. Together, they cultivate a welcoming environment where members can thrive. Under the partnership of fitness expert Rob Deutsch, The Yard Gym aims to expand further, with plans to launch 50 franchises within its first two years. The Yard Gym isn't just a place to work out; it's a place to belong, innovate, and grow a vibrant community centered around health and well-being.
Key terms
- Franchise fee
$50k
- Multi-unit progressive discount
5% off 2nd unit; 10% off 3rd; 15% off 4th; 20% off 5th+ (off then-current Initial Franchise Fee)
- Conversion franchisee fee
Initial Franchise Fee equals 50% of our Initial Franchise Fee (e.g., $25,000 at current rates)
- Brand fund
2.0% of Net Sales
- Local advertising
3.0% of Net Sales
- Footprint
2,000 – 4,400 sq ft
- Veteran discount
Not offered
Brand Percentile Rankings
Rankings compare brands in the same operating year. Fee and investment figures come from the FDD (2025 filing); filings on file: 2024, 2025.
Growth
- Total locations2
Franchised units open at year-end
- New openings0
Gross new units opened during the calendar year
- 1-year unit growth rate0.0%
Net unit growth versus prior year
- 3-year unit CAGR112.1%
Compound annual growth rate of unit count over the trailing 3 years
- Unit growth ratio0.0×
Cumulative opens / closures through year-end
Unit economics
- Annual unit volume (Median)—
Per FDD Item 19 disclosure
- Annual unit volume (25th percentile)—
Per FDD Item 19 disclosure
- Annual unit volume (75th percentile)—
Per FDD Item 19 disclosure
- 1-year Median AUV growth rate—
Year-over-year change in median AUV
- Store-level EBITDA Margin—
Median unit-level EBITDA / AUV
Investment profile
- Estimated initial investment$676k
Midpoint of estimated initial investment range
↓ Lower is better - Time to open5 months
Midpoint of average time from agreement to opening
↓ Lower is better - Royalty rate7.0%
Percent of net sales paid to the franchisor
↓ Lower is better - Sales-to-investment ratio—
Median AUV / estimated initial investment midpoint
- Cash-on-cash returns—
Median unit-level EBITDA / estimated initial investment midpoint. Steady-state estimate; year 1 returns will be lower as the unit ramps to median volumes.
Franchisee healthLocked
- Unit closure ratio
- Transfer vs. closure ratio
- Percent multi-unit franchisees
- Litigation rate
- EBITDA multiple on sales & transfers
Create your free Glidepath account to access full brand information.
Location footprint
Showing 1 of 2 mapped locations
Sources
Financial and operating figures are sourced from the brand's Franchise Disclosure Documents. Brand percentile rankings are based on comparisons to other brands that include the same metrics in their Franchise Disclosure Documents.