Oxygen Yoga & Fitness
Yoga and fitness classes
- 2023 Franchise 500 Rank
-
N/R Not ranked last year
- Initial investment
-
$300K - $450K
- Units as of 2022
-
64 25.5% over 3 years
Founded in British Columbia, Canada, Oxygen Yoga & Fitness offers both modern yoga and fitness classes in a well-equipped studio. Oxygen Yoga & Fitness members may benefit from exercises that increase calorie burn, improve flexibility, and enhance detoxification in clients’ bodies.
Oxygen Yoga & Fitness may be a productive franchise to open. In 2016, the brand expanded into Alberta and Saskatchewan. The brand later opened dozens more locations across Canada afterwards. Oxygen Yoga & Fitness is actively seeking to expand its reach even further.
Why You May Want to Start an Oxygen Yoga & Fitness Franchise
Oxygen Yoga & Fitness’ primary focus is to provide fitness classes and exercises that help its members to feel and look better than when they came in. The brand may achieve this by offering mind, body, and spiritual support. If you are passionate about yoga and fitness exercises and looking to invest, becoming an Oxygen Yoga & Fitness franchise may be a viable move.
Opening an Oxygen Yoga & Fitness 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 fitness industry.
Oxygen Yoga & Fitness has been ranked in Entrepreneur’s Top Global Franchises. This ranking is based on an evaluation of more than 150 data points in the areas of costs and fees, size and growth, franchisee support, brand strength, and financial strength and stability.
What Might Make an Oxygen Yoga & Fitness Franchise?
The technology used at the Oxygen Yoga & Fitness studio is modern. With FAR Infrared classes, members may benefit from over 20 different fitness classes, enjoy added benefits, and support instructors to assist with completing goals.
To be part of the Oxygen Yoga & Fitness franchise 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, royalty, and potential renewal fees.
Oxygen Yoga & Fitness has partnered with third-party financial lenders that may help cover the costs of the startup, equipment, and inventory if you meet their qualifications.
How to Open an Oxygen Yoga & Fitness Franchise
As is the case with any business opportunity, you should research Oxygen Yoga & Fitness to ensure that the business will thrive in your community. While it is true that healthy competition is necessary for your brand’s success, too much of it could pose a problem moving forward.
As part of your due diligence, you may want to speak to existing franchisees and ask the Oxygen Yoga & Fitness franchising team questions.
If awarded a franchise, franchisees may receive a great deal of support from the Oxygen Yoga & Fitness company throughout the franchising process. In addition to pre-opening training, Oxygen Yoga & Fitness franchisees receive support through brand awareness, marketing, research, and construction. Franchisees may also receive hands-on training and continued support after opening their franchise location.
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 an Oxygen Yoga & Fitness franchise.
Company Overview
About Oxygen Yoga & Fitness
| Industry | Health & Wellness |
|---|---|
| Related Categories | Yoga Fitness, Fitness |
| Founded | 2011 |
| Parent Company | Oxygen Yoga and Fitness Inc. |
| Leadership | Jennifer Hamilton, CEO |
| Corporate Address |
3101-1201 Marinaside Crescent Vancouver, BC V6Z2V2 |
| Social | Facebook, Twitter, LinkedIn, Instagram, YouTube |
Business Overview
| Franchising Since | 2011 (12 years) |
|---|---|
| # of employees at HQ | 6 |
| Where seeking |
This company is offering new franchisees worldwide. |
| # of Units | 64 (as of 2022) |
|
|
|
Information for Franchisees
Here's what you need to know if you're interested in opening a Oxygen Yoga & Fitness 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
|
$46,500 |
|---|---|
|
Initial Investment
|
$300,000 - $450,000 |
|
Cash Requirement
|
$70,000 - $100,000 |
|
Royalty Fee
|
7.5% |
|
Ad Royalty Fee
|
2.5% |
|
Term of Agreement
|
5 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.
| Third Party Financing | Oxygen Yoga & Fitness has relationships with third-party sources which offer financing to cover the following: startup costs, equipment, inventory |
|---|
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 | 80 hours |
|---|---|
| Classroom Training | 40 hours |
| Ongoing Support |
Newsletter
Meetings & Conventions
Grand Opening
Online Support
Security & Safety Procedures
Lease Negotiation
Field Operations
Site Selection
Proprietary Software
Franchisee Intranet Platform
|
| Marketing Support |
Ad Templates
National Media
Regional Advertising
Social Media
SEO
Website Development
Email Marketing
Loyalty Program/App
|
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 |
|
Are exclusive territories available?
|
Yes |
Interested in ownership opportunities like Oxygen Yoga & Fitness? Request a free consultation with a Franchise Advisor now.
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 Oxygen Yoga & Fitness.
Related Franchise Content
Catch up on the latest franchise news, trends, and more.
Opening a New McDonald's Franchise Will Be More Expensive in 2024
Starting January 1, franchise royalty fees will rise from 4% to 5% for new locations in the U.S. and Canada.
Your Ultimate Research Guide to the Crucial Steps Before Buying a Franchise
If you're thinking about becoming a franchisee, find out what you're getting yourself into by reviewing this quick guide.
If You Want to Join a Franchise That Is Truly Diverse, These Are the Top 100 to Consider
These franchises are putting their money where their mouth is when it comes to inclusivity.
These Are the Top Companies That Support Franchises in 2023
From banking to marketing to event planning, find out who to hire to help your business thrive.
Would You Turn Your Small Business Into a Franchise? Here's Why Everyone From Hardware Stores to Hot Dog Shops Are Doing It.
When you've put your blood, sweat and tears into building an independent business, it's hard to know if converting to franchise is selling out, or buying into something better. We talked to business owners across industries about how they made the decision, and to franchisors on why they're pursuing the conversion strategy.
She Competed On The U.S. Olympic Swim Team Before Becoming This Brand's Top Franchisee. Here's Her Winning Business Strategy.
Cammile Adams knows enthusiasm, expertise and common sense go a long way.
