Avidbank Corporate Finance, a division of Avidbank, has provided YogaWorks (Los Angeles, Calif.) with a $1.5 million term loan, with proceeds to be used to open additional studios in California and New York. YogaWorks is developing a nationally branded chain of alternative health fitness centers. Its network of 23 studios in California and New York offers a range of yoga and Pilates classes, workshops, retreats, teacher training, and retail services. YogaWorks said it offers more than 1,700 classes per week, serving 85,000 active students.
Disclaimer: NCN does not warrant the accuracy, reliability, or timeliness of any NCN news item. Before relying on any NCN News item the information should be independently verified.
For more finance and investment information, visit Nutrition Capital Network news.