Start-Up Costs and Fees |
||
| Team Spirit Fitness Centers | Honor Yoga | |
| Investment | 69000 - 69000 | 146608 - 270608 |
| Franchise Fee | ||
| Royalty Fee | 6% | |
| Advertising Fee | ||
| Year Founded | 2002 | 2015 |
| Year Franchised | 2004 | 2016 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Team Spirit Fitness Centers | Honor Yoga | |
| Experience | ||
Financing Options |
||
| Team Spirit Fitness Centers | Honor Yoga | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Team Spirit Fitness Centers | Honor Yoga | |
| Training | * Available at headquarters: 2 weeks * At franchisee's location: 5 days | |
| Support | ||
| Marketing | ||
| Operations | * Number of employees needed to run franchised unit: 3 - 3 * Absentee ownership of franchise is NOT allowed. | |
Expansion Plans |
||
| Team Spirit Fitness Centers | Honor Yoga | |
| 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 | |
| Team Spirit Fitness Centers | |
| Honor Yoga | |
| Franchise Fee | |
| Team Spirit Fitness Centers | |
| Honor Yoga | |
| Royalty Fee | |
| Team Spirit Fitness Centers | 6% |
| Honor Yoga | |
| Advertising Fee | |
| Team Spirit Fitness Centers | |
| Honor Yoga | |
| Year Founded | |
| Team Spirit Fitness Centers | 2002 |
| Honor Yoga | 2015 |
| Year Franchised | |
| Team Spirit Fitness Centers | 2004 |
| Honor Yoga | 2016 |
| Term Of Agreement | |
| Team Spirit Fitness Centers | 5 years |
| Honor Yoga | |
| Renewal Fee | |
| Team Spirit Fitness Centers | |
| Honor Yoga | |
Business Experience Requirements |
|
| Experience | |
| Team Spirit Fitness Centers | |
| Honor Yoga | |
Financing Options |
|
| Franchise Fees | |
| Team Spirit Fitness Centers | No |
| Honor Yoga | No |
| Start-up Costs | |
| Team Spirit Fitness Centers | |
| Honor Yoga | |
| Equipment | |
| Team Spirit Fitness Centers} | |
| Honor Yoga | |
| Inventory | |
| Team Spirit Fitness Centers | |
| Honor Yoga | |
| Receivables | |
| Team Spirit Fitness Centers | |
| Honor Yoga | |
| Payroll | |
| Team Spirit Fitness Centers | |
| Honor Yoga | |
Training & Support |
|
| Training | |
| Team Spirit Fitness Centers | * Available at headquarters: 2 weeks * At franchisee's location: 5 days |
| Honor Yoga | |
| Support | |
| Team Spirit Fitness Centers | |
| Honor Yoga | |
| Marketing | |
| Team Spirit Fitness Centers | |
| Honor Yoga | |
| Operations | |
| Team Spirit Fitness Centers | * Number of employees needed to run franchised unit: 3 - 3 * Absentee ownership of franchise is NOT allowed. |
| Honor Yoga | |
Expansion Plans |
|
| US Expansion | |
| Team Spirit Fitness Centers | |
| 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 |
| Canada Expansion | |
| Team Spirit Fitness Centers | |
| Honor Yoga | |
| International Expansion | |
| Team Spirit Fitness Centers | |
| Honor Yoga | |