Start-Up Costs and Fees |
||
| Honor Yoga | The Max Challenge | |
| Investment | 146608 - 270608 | 131868 - 280592 |
| Franchise Fee | ||
| Royalty Fee | 6% | |
| Advertising Fee | 2% | |
| Year Founded | 2015 | 2011 |
| Year Franchised | 2016 | 2013 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Honor Yoga | The Max Challenge | |
| Experience | ||
Financing Options |
||
| Honor Yoga | The Max Challenge | |
| Franchise Fees | ||
| Start-up Costs | ||
| Equipment | ||
| Inventory | ||
| Receivables | ||
| Payroll | ||
Training & Support |
||
| Honor Yoga | The Max Challenge | |
| Training | On-The-Job Training: 18 hours Classroom Training: 40 hours Additional Training: Ongoing virtual training | |
| Support | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform | |
| Marketing | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app | |
| Operations | Absentee Ownership Allowed Number of Employees Required to Run: 2 | |
Expansion Plans |
||
| Honor Yoga | The Max Challenge | |
| 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 | |
| The Max Challenge | |
| Franchise Fee | |
| Honor Yoga | |
| The Max Challenge | |
| Royalty Fee | |
| Honor Yoga | |
| The Max Challenge | 6% |
| Advertising Fee | |
| Honor Yoga | |
| The Max Challenge | 2% |
| Year Founded | |
| Honor Yoga | 2015 |
| The Max Challenge | 2011 |
| Year Franchised | |
| Honor Yoga | 2016 |
| The Max Challenge | 2013 |
| Term Of Agreement | |
| Honor Yoga | |
| The Max Challenge | |
| Renewal Fee | |
| Honor Yoga | |
| The Max Challenge | |
Business Experience Requirements |
|
| Experience | |
| Honor Yoga | |
| The Max Challenge | |
Financing Options |
|
| Franchise Fees | |
| Honor Yoga | |
| The Max Challenge | |
| Start-up Costs | |
| Honor Yoga | |
| The Max Challenge | |
| Equipment | |
| Honor Yoga} | |
| The Max Challenge | |
| Inventory | |
| Honor Yoga | |
| The Max Challenge | |
| Receivables | |
| Honor Yoga | |
| The Max Challenge | |
| Payroll | |
| Honor Yoga | |
| The Max Challenge | |
Training & Support |
|
| Training | |
| Honor Yoga | |
| The Max Challenge | On-The-Job Training: 18 hours Classroom Training: 40 hours Additional Training: Ongoing virtual training |
| Support | |
| Honor Yoga | |
| The Max Challenge | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Marketing | |
| Honor Yoga | |
| The Max Challenge | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Operations | |
| Honor Yoga | |
| The Max Challenge | Absentee Ownership Allowed Number of Employees Required to Run: 2 |
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 |
| The Max Challenge | |
| Canada Expansion | |
| Honor Yoga | |
| The Max Challenge | |
| International Expansion | |
| Honor Yoga | |
| The Max Challenge | |