Honor Yoga

Honor Yoga

Yoga, meditation, teacher training, retreats
Find out what franchise is right for you
Units as of 2019
11 (1 added in 3 years)
9.1%
2021 Franchise 500 Rank
N/R Not ranked last year
Initial investment
$200K - $300K

Company Overview

About Honor Yoga

Founded
2013
Parent Company
Honor Yoga
Leadership
Maria Turco, CEO

Franchising Overview

Franchising Since
2016 (5 years)
# of employees at HQ
13
Where seeking

This company is seeking new franchisees throughout the US.

# of Units
11 (as of 2019)

Franchisor Information

Corporate Address
59 Lawrencia Dr.
Lawrence Township, NJ 08648-2026

Information for Franchisees

Here’s what you need to know if you’re interested in opening a Honor Yoga 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
$49,108
Initial Investment
$199,970 - $299,608
Net Worth Requirement
$300,000 - $800,000
Cash Requirement
$42,000 - $120,000
Veteran Incentives
20% off franchise fee
Royalty Fee
7%
Ad Royalty Fee
1.5%
Term of Agreement
5 years
Is franchise term renewable?
Yes

Are you unsure which franchise is right for you?

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
Honor Yoga has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory, accounts receivable, payroll

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
18 hours
Classroom Training
39 hours
Additional Training
Additional training
Ongoing Support
Purchasing Co-ops
Newsletter
Meetings & Conventions
Grand Opening
Online Support
Security & Safety Procedures
Lease Negotiation
Field Operations
Site Selection
Proprietary Software
Franchisee Intranet Platform
Marketing Support
Co-op Advertising
Ad Templates
Regional Advertising
Social Media
SEO
Website Development
Email Marketing
Loyalty Program/App

Operations

Additional details about running this franchise.

Is absentee ownership allowed?
No
Can this franchise be run from home/mobile unit?
No
Can this franchise be run part time?
No
# of employees required to run
10
Are exclusive territories available?
Yes

Buying a franchise is hard, we make it easy

Our Franchise Advisors are here to help make your franchise dreams a reality. They’ll provide guidance and support throughout your journey to make the process of opening a franchise seamless.

Franchise 500 Ranking History

Compare where Honor Yoga landed on this year’s Franchise 500 Ranking versus previous years.

Additional Rankings

Curious to know where Honor Yoga ranked on other franchise lists? Find out below.

Ranked #63

Top New Franchises

Want to stay updated on the latest franchise news?

Never miss a beat when you sign up to receive our newsletter.

We care about the protection of your data. Read our Privacy Policy

Related Franchise Content

Catch up on the latest franchise news, trends, and more.

Desmond Lim

· 7 min read

Perfection Not Required

While businesses must constantly evolve, the pursuit of perfection is the enemy of progress.

Mark Siebert

· 5 min read

3 Reasons to Quit Your Corporate Job and Become a Restaurant Franchisee

The market conditions are ideal for investors ready to make a change.

Dan Rowe

· 5 min read

5 of the Wildest, Craziest Marketing Stunts We've Seen from Taco Bell

Innovation and creativity are embedded in Taco Bell's DNA.

Kenny Au

· 8 min read

Free Food and Awesome Deals for Your Last-Minute Big Game Party

Today's game will be different in many respects, but that doesn't mean you can't continue the rich tradition of stuffing your face!

Entrepreneur Staff

· 2 min read

6 Lessons Learned From Franchisors Who Launched in 2020

In the days before Covid-19, a new crop of companies were just starting to franchise. Meet six entrepreneurs whose first year didn't go exactly as planned ... but who made the most of it anyway.

Britta Lokting

· 13 min read
Disclaimer
The information on this page is not intended as an endorsement or recommendation of any particular franchise by Entrepreneur Media. Our franchise listings and rankings are solely research tools you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise. That should include reviewing the franchisor's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees.
Updated: February 8th, 2021
For reprints and licensing questions, click here.