The Yard Gym Franchise FDD, Profits & Costs (2025)
The Yard Gym is a modern fitness franchise specializing in boutique-style strength and conditioning training. It combines expert coaching, dynamic group workouts, and a sleek, contemporary design to suit people of all fitness levels. Founded in 2020 by Daniel and Tiarne Bova, the concept started with a single gym in Sydney’s Sutherland Shire, Australia.
Operating under TYG Enterprises, LLC, the company’s main office is located in Caringbah, New South Wales.
From its early days, The Yard Gym was built with franchising in mind, offering an easily replicable fitness model. Its studios feature functional strength, conditioning, and anaerobic group classes, using high-quality, proprietary equipment and guided by professional coaches in an energetic, stylish setting.
The Yard Gym stands out for its strong sense of community, lifestyle-oriented approach, and seamless integration of functional training with modern design and atmosphere.
Initial Investment
How much does it cost to start a The Yard Gym franchise? It costs on average between $237,000 – $954,000 to start a The Yard Gym franchised facility.
This includes costs for construction, fitness equipment, studio design, and initial operating expenses. The total investment varies depending on factors such as the size of the gym, the chosen location, and whether the franchisee decides to lease or buy the property. The Yard Gym offers 2 types of franchises:
| Concept | Initial Investment |
|---|---|
| The Yard Gym (Conversion) | $236,550 – $539,100 |
| The Yard Gym (Franchised Gym) | $398,550 – $954,100 |
We are summarizing below the main costs associated with opening a The Yard Gym franchised gym. For more information on costs required to start a The Yard Gym franchise, refer to the Franchise Disclosure Document (Item 7).
| Type of Expenditure | Amount |
|---|---|
| Initial Franchise Fee | $50,000 |
| Training Expenses | $1,000 – $5,000 |
| Real Estate Lease and Lease Security Deposit | $24,000 – $280,000 |
| Initial Exercise Pack | $112,500 – $122,500 |
| Additional Fitness Equipment | $3,000 – $9,000 |
| Professional Fees (attorney, accounting fees) | $2,000 – $8,000 |
| Leasehold improvements, fixtures, construction and remodeling costs, décor items, furnishings, interior and exterior signs, architect and design fees | $100,000 – $300,000 |
| Opening inventory of Branded Retail Merchandise | $5,000 – $10,000 |
| Computer System Hardware and Other Business Equipment | $20,000 – $25,000 |
| Security Deposits, utility deposits, business licenses, and other prepaid expenses | $1,000 – $5,000 |
| Grand Opening Launch Marketing | $15,000 – $27,500 |
| Insurance | $2,000 – $5,000 |
| Music Licensing | $500 – $2,000 |
| Technology Fees | $2,550 – $5,100 |
| Additional Funds (first 3 months) | $60,000 – $100,000 |
| Total | $398,550 – $954,100 |
Download the Franchise Disclosure Document
Frequently Asked Questions
How many The Yard Gym locations are there?
As of the latest available data, The Yard Gym operates 2 locations, all of which are primarily franchise-owned.
What is the total investment required to open a The Yard Gym franchise?
The total investment required to open a The Yard Gym franchise ranges from $237,000 to $954,000.
What are the ongoing fees for a The Yard Gym franchise?
The Yard Gym franchise requires franchisees to pay ongoing fees that include a royalty fee of 7% of gross sales and a marketing or brand fund contribution of 2% of gross sales. In some cases, the royalty fee may range between 7% and 10%, depending on the terms of the franchise agreement.
Who owns The Yard Gym?
The franchise is owned by the husband-and-wife team of Daniel Bova and Tiarne Bova, founders of the brand in Australia in 2020.
Disclaimer
Disclaimer: This content has been made for informational and educational purposes only. SharpSheets is an independent educational resource and is not affiliated with, endorsed by, or representing any franchisor mentioned on this website. Where noted, figures are taken from the franchisor’s Franchise Disclosure Document (FDD). In some cases, we may provide independent calculations or estimates based on publicly available information. We do not make any representation or warranties with respect to the accuracy, applicability, fitness, or completeness of the information presented in the article. You should not construe any such information or other material as legal, tax, investment, financial, or other professional advice. Nothing contained in this article constitutes a solicitation, recommendation, endorsement, advertisement, or offer to buy or sell any franchises, securities, or other financial instruments in this or in any other jurisdiction in which such solicitation or offer would be unlawful under the franchise and/or securities laws of such jurisdiction.
All content in this article is information of a general nature and does not address the detailed circumstances of any particular individual or entity. Nothing in the article constitutes professional and/or financial and/or legal advice, nor does any information in the article constitute a comprehensive or complete statement of the matters discussed or the law relating thereto. You alone assume the sole responsibility of evaluating the merits and risks associated with the use of any information or other content in this article before making any decisions based on such information or other content.
