Start-Up Costs and Fees |
||
| Honor Yoga | 21 Minute Convenience Fitness | |
| Investment | 146608 - 270608 | 124500 - 195300 |
| Franchise Fee | 0 | |
| Royalty Fee | 3% | |
| Advertising Fee | ||
| Year Founded | 2015 | 2003 |
| Year Franchised | 2016 | 2005 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Honor Yoga | 21 Minute Convenience Fitness | |
| Experience | ||
Financing Options |
||
| Honor Yoga | 21 Minute Convenience Fitness | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Honor Yoga | 21 Minute Convenience Fitness | |
| Training | Internet | |
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations | |
| Marketing | Co-op advertising, Ad slicks | |
| Operations | 1% of all franchisees own more than one unit Number of employees needed to run franchised unit: 2 - 2 Absentee ownership of franchise is allowed. | |
Expansion Plans |
||
| Honor Yoga | 21 Minute Convenience Fitness | |
| US Expansion | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming | |
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Honor Yoga | |
| 21 Minute Convenience Fitness | |
| Franchise Fee | |
| Honor Yoga | |
| 21 Minute Convenience Fitness | |
| Royalty Fee | |
| Honor Yoga | |
| 21 Minute Convenience Fitness | 3% |
| Advertising Fee | |
| Honor Yoga | |
| 21 Minute Convenience Fitness | |
| Year Founded | |
| Honor Yoga | 2015 |
| 21 Minute Convenience Fitness | 2003 |
| Year Franchised | |
| Honor Yoga | 2016 |
| 21 Minute Convenience Fitness | 2005 |
| Term Of Agreement | |
| Honor Yoga | |
| 21 Minute Convenience Fitness | 10 years |
| Renewal Fee | |
| Honor Yoga | |
| 21 Minute Convenience Fitness | 25% of fran. fee |
Business Experience Requirements |
|
| Experience | |
| Honor Yoga | |
| 21 Minute Convenience Fitness | |
Financing Options |
|
| Franchise Fees | |
| Honor Yoga | |
| 21 Minute Convenience Fitness | |
| Start-up Costs | |
| Honor Yoga | |
| 21 Minute Convenience Fitness | |
| Equipment | |
| Honor Yoga} | |
| 21 Minute Convenience Fitness | |
| Inventory | |
| Honor Yoga | |
| 21 Minute Convenience Fitness | |
| Receivables | |
| Honor Yoga | |
| 21 Minute Convenience Fitness | |
| Payroll | |
| Honor Yoga | |
| 21 Minute Convenience Fitness | |
Training & Support |
|
| Training | |
| Honor Yoga | |
| 21 Minute Convenience Fitness | Internet |
| Support | |
| Honor Yoga | |
| 21 Minute Convenience Fitness | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations |
| Marketing | |
| Honor Yoga | |
| 21 Minute Convenience Fitness | Co-op advertising, Ad slicks |
| Operations | |
| Honor Yoga | |
| 21 Minute Convenience Fitness | 1% of all franchisees own more than one unit Number of employees needed to run franchised unit: 2 - 2 Absentee ownership of franchise is allowed. |
Expansion Plans |
|
| US Expansion | |
| Honor Yoga | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming |
| 21 Minute Convenience Fitness | |
| Canada Expansion | |
| Honor Yoga | |
| 21 Minute Convenience Fitness | |
| International Expansion | |
| Honor Yoga | |
| 21 Minute Convenience Fitness | |