Start-Up Costs and Fees |
||
| Honor Yoga | ShapeXpress | |
| Investment | 146608 - 270608 | 89500 - 152000 |
| Franchise Fee | 0 | |
| Royalty Fee | Varies | |
| Advertising Fee | ||
| Year Founded | 2015 | 2002 |
| Year Franchised | 2016 | 2003 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Honor Yoga | ShapeXpress | |
| Experience | Marketing skills Sales skills, previous employee supervision skills | |
Financing Options |
||
| Honor Yoga | ShapeXpress | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Honor Yoga | ShapeXpress | |
| Training | Ongoing | |
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations | |
| Marketing | Co-op advertising, Ad slicks, Regional advertising | |
| Operations | Franchisees required to buy multiple units/master licenses Number of employees needed to run franchised unit: 3 - 4 Absentee ownership of franchise is allowed. (35% of current franchisees are owner/operators) | |
Expansion Plans |
||
| Honor Yoga | ShapeXpress | |
| 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 | |
| ShapeXpress | |
| Franchise Fee | |
| Honor Yoga | |
| ShapeXpress | |
| Royalty Fee | |
| Honor Yoga | |
| ShapeXpress | Varies |
| Advertising Fee | |
| Honor Yoga | |
| ShapeXpress | |
| Year Founded | |
| Honor Yoga | 2015 |
| ShapeXpress | 2002 |
| Year Franchised | |
| Honor Yoga | 2016 |
| ShapeXpress | 2003 |
| Term Of Agreement | |
| Honor Yoga | |
| ShapeXpress | 10 years |
| Renewal Fee | |
| Honor Yoga | |
| ShapeXpress | $2.5K |
Business Experience Requirements |
|
| Experience | |
| Honor Yoga | |
| ShapeXpress | Marketing skills Sales skills, previous employee supervision skills |
Financing Options |
|
| Franchise Fees | |
| Honor Yoga | |
| ShapeXpress | |
| Start-up Costs | |
| Honor Yoga | |
| ShapeXpress | |
| Equipment | |
| Honor Yoga} | |
| ShapeXpress | |
| Inventory | |
| Honor Yoga | |
| ShapeXpress | |
| Receivables | |
| Honor Yoga | |
| ShapeXpress | |
| Payroll | |
| Honor Yoga | |
| ShapeXpress | |
Training & Support |
|
| Training | |
| Honor Yoga | |
| ShapeXpress | Ongoing |
| Support | |
| Honor Yoga | |
| ShapeXpress | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations |
| Marketing | |
| Honor Yoga | |
| ShapeXpress | Co-op advertising, Ad slicks, Regional advertising |
| Operations | |
| Honor Yoga | |
| ShapeXpress | Franchisees required to buy multiple units/master licenses Number of employees needed to run franchised unit: 3 - 4 Absentee ownership of franchise is allowed. (35% of current franchisees are owner/operators) |
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 |
| ShapeXpress | |
| Canada Expansion | |
| Honor Yoga | |
| ShapeXpress | |
| International Expansion | |
| Honor Yoga | |
| ShapeXpress | |