Start-Up Costs and Fees |
||
| Orange Shoe Personal Fitness | Honor Yoga | |
| Investment | 96600 - 325000 | 146608 - 270608 |
| Franchise Fee | ||
| Royalty Fee | 6% | |
| Advertising Fee | ||
| Year Founded | 2007 | 2015 |
| Year Franchised | 2009 | 2016 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Orange Shoe Personal Fitness | Honor Yoga | |
| Experience | ||
Financing Options |
||
| Orange Shoe Personal Fitness | Honor Yoga | |
| Franchise Fees | Yes | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Orange Shoe Personal Fitness | Honor Yoga | |
| Training | Available at headquarters: 8 days. At franchisee's location: 8 days. Online training : 4 days. | |
| Support | Newsletter Meetings Toll-free phone line Grand opening Internet Security/safety procedures Field operations/evaluations | |
| Marketing | Co-op advertising Ad slicks | |
| Operations | 25% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 4. Absentee ownership of franchise is allowed. (80% of current franchisees are owner/operators). | |
Expansion Plans |
||
| Orange Shoe Personal Fitness | 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 | |
| Orange Shoe Personal Fitness | |
| Honor Yoga | |
| Franchise Fee | |
| Orange Shoe Personal Fitness | |
| Honor Yoga | |
| Royalty Fee | |
| Orange Shoe Personal Fitness | 6% |
| Honor Yoga | |
| Advertising Fee | |
| Orange Shoe Personal Fitness | |
| Honor Yoga | |
| Year Founded | |
| Orange Shoe Personal Fitness | 2007 |
| Honor Yoga | 2015 |
| Year Franchised | |
| Orange Shoe Personal Fitness | 2009 |
| Honor Yoga | 2016 |
| Term Of Agreement | |
| Orange Shoe Personal Fitness | 10 years |
| Honor Yoga | |
| Renewal Fee | |
| Orange Shoe Personal Fitness | |
| Honor Yoga | |
Business Experience Requirements |
|
| Experience | |
| Orange Shoe Personal Fitness | |
| Honor Yoga | |
Financing Options |
|
| Franchise Fees | |
| Orange Shoe Personal Fitness | Yes |
| Honor Yoga | Yes |
| Start-up Costs | |
| Orange Shoe Personal Fitness | |
| Honor Yoga | |
| Equipment | |
| Orange Shoe Personal Fitness} | |
| Honor Yoga | |
| Inventory | |
| Orange Shoe Personal Fitness | |
| Honor Yoga | |
| Receivables | |
| Orange Shoe Personal Fitness | |
| Honor Yoga | |
| Payroll | |
| Orange Shoe Personal Fitness | |
| Honor Yoga | |
Training & Support |
|
| Training | |
| Orange Shoe Personal Fitness | Available at headquarters: 8 days. At franchisee's location: 8 days. Online training : 4 days. |
| Honor Yoga | |
| Support | |
| Orange Shoe Personal Fitness | Newsletter Meetings Toll-free phone line Grand opening Internet Security/safety procedures Field operations/evaluations |
| Honor Yoga | |
| Marketing | |
| Orange Shoe Personal Fitness | Co-op advertising Ad slicks |
| Honor Yoga | |
| Operations | |
| Orange Shoe Personal Fitness | 25% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 4. Absentee ownership of franchise is allowed. (80% of current franchisees are owner/operators). |
| Honor Yoga | |
Expansion Plans |
|
| US Expansion | |
| Orange Shoe Personal Fitness | |
| 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 | |
| Orange Shoe Personal Fitness | |
| Honor Yoga | |
| International Expansion | |
| Orange Shoe Personal Fitness | |
| Honor Yoga | |