- Franchise 500 Rank
-
N/R Not ranked last year
- Initial investment
-
$55K - $87K
- Units as of 2020
-
28 6% over 3 years
Live True Yoga believes it offers a proven business model. It was founded in 2015 by Nicole Byars with a strong belief that everyone should practice yoga for the loaded benefits it may offer to both the mind and the body. Live True Yoga was created to reflect on diversity and help people live fulfilling lives.
Since starting its first franchise in 2020, the fitness company has dedicated itself to the progress of both its clients and franchisees. Live True Yoga offers Pilates, barre, and yoga in addition to special events and workshops for its students. The company also provides zoom, video classes, and a yoga teacher training school for different levels of yoga practice.
Why You May Want to Start a Live True Yoga Franchise
With today's conscious health culture, the Live True Yoga staff strives to ensure that there is always something for everyone in Live True Yoga by creating a warm and welcoming space while sticking to the company's core values. If you are an entrepreneur who would like to expand your business, you do not need prior experience in yoga. However, a passionate yogi with a good work ethic and excellent sales and communication skills is preferred.
Opening a Live True Yoga franchise may offer a more predictable outcome than investing in a completely new brand that could struggle to thrive in an already crowded and competitive industry.
What Might Make a Live True Yoga Franchise a Good Choice?
Instructors at Live True Yoga should be professionals with passion. They should be concerned with every individual during the yoga sessions. No absentee ownership is allowed, meaning that new franchisees should run and handle daily business operations while employing professional teacher trainers.
To be part of the Live True Yoga team, you should make sure you're financially ready for an initial investment made up of a franchise fee and other startup costs. In addition, you should prepare yourself for ongoing fees that will include advertising fees and royalty fees.
How to Open a Live True Yoga Franchise
If awarded a franchise, Live True Yoga franchisees receive a great deal of support from the Live True Yoga brand throughout the franchising process. In addition to pre-opening training, franchisees receive support through brand awareness, marketing, research, and construction. They also receive hands-on training and continued support after their franchise location has opened, including a workshop for the barre certification program.
There are plenty of territories and multi-units for potential Live True Yoga franchises. A typical franchise agreement runs for ten years.
Before making any financial commitment or signing an agreement, you must perform your due diligence and establish if this is the right opportunity for you. As part of your due diligence, you may want to speak to existing franchisees and ask questions directed to the Live True Yoga franchising team.
It may be a good idea to speak with an attorney or financial advisor to ensure that you have the necessary financial resources to own and operate a Live True Yoga franchise.
Company Overview
About Granny Nannies
Industry | Personal-Care Businesses |
---|---|
Related Categories | Senior Care |
Founded | 1990 |
Leadership | Robert Hodgson, President |
Corporate Address |
1912 Booth Cir., #300 Longwood, FL 32750 |
Business Overview
Franchising Since | 1997 (28 years) |
---|---|
# of employees at HQ | 11 |
Where seeking |
This company is offering new franchises throughout the US. |
# of Units | 28 (as of 2020) |
|
Information for Franchisees
Here's what you need to know if you're interested in opening a Granny Nannies franchise.
Financial Requirements & Ongoing Fees
Here's what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.
Initial Franchise Fee
|
$35,000 |
---|---|
Initial Investment
|
$54,675 - $86,550 |
Net Worth Requirement
|
$100,000 |
Cash Requirement
|
$54,675 |
Veteran Incentives
|
10% off franchise fee |
Royalty Fee
|
5% |
Ad Royalty Fee
|
2% |
Term of Agreement
|
10 years |
Is franchise term renewable? | Yes |
Financing Options
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
In-House Financing | Granny Nannies offers in-house financing to cover the following: franchise fee |
---|
Training & Support Offered
Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.
On-The-Job Training | 3 hours |
---|---|
Classroom Training | 37 hours |
Ongoing Support |
Purchasing Co-ops
Meetings & Conventions
Toll-Free Line
Grand Opening
Online Support
Security & Safety Procedures
Lease Negotiation
Field Operations
Site Selection
Proprietary Software
|
Marketing Support |
Co-op Advertising
Ad Templates
National Media
Regional Advertising
Social Media
SEO
Website Development
|
Operations
Additional details about running this franchise.
Is absentee ownership allowed? | Yes |
---|---|
Can this franchise be run from home/mobile unit?
|
No |
Can this franchise be run part time?
|
No |
# of employees required to run | 2 |
Are exclusive territories available?
|
Yes |
Franchise 500 Ranking History
Compare where Granny Nannies landed on this year's Franchise 500 Ranking versus previous years.
Sign Up for Our Franchise Newsletter
Stay up to date on the latest news and trends affecting the franchise industry.
Related Franchises
Are you eager to see what else is out there? Browse franchises that are similar to Granny Nannies.
Related Franchise Content
Catch up on the latest franchise news, trends, and more.
This Franchise Has Seen Remarkable Growth in the $5.3Bn Drug Testing Industry
Fastest Labs is a leader in the high-growth and recession-resistant drug, alcohol and DNA testing industry
I'm CEO of an International Commercial Cleaning Franchise. Here's How I've Turned My Failures Into Fuel for Success.
Failure is not the end — it's a stepping stone to success. Explore how setbacks can be transformed into valuable learning experiences that fuel growth and resilience.
Want to Be an Entrepreneur? Start With These 4 Simple Steps.
Check out this list of 4 things that don't require a lot of time or money, but can get you in the right frame of mind to figure out if entrepreneurship is the right fit for you.
He Went From Corporate America to Owning a $2.5 Million Franchise Recycling Cooking Oil: 'I Decide How I Want to Achieve Success'
Trent Carlos had no experience in the industry when he started his Filta Environmental Kitchen Solutions franchise. Now he's living his wildest entrepreneurial dream.
5 Expert Tips to Make the Most of the IFA Convention
After several years of attending, filming, and connecting with franchisors at IFA, I've gathered insights that can turn your first experience from overwhelming to unforgettable.
From Powerhouses Like Jersey Mike's and Taco Bell to Icons Like Pizza Hut, These are the Top Fast-Food Franchises in 2025
Discover the 10 most successful QSR franchises of 2025, based on Entrepreneur's Franchise 500 ranking.