Honor Yoga
Yoga, meditation, teacher training, retreats

About
Founded

2013

Franchising Since

2016 (4 Years)

Corporate Address

59 Lawrencia Dr.
Lawrence Township, NJ 08648-2026

Leadership

Maria Turco, CEO

Parent Company

Honor Yoga

Financial Requirements
Initial Investment

$199,970 - $299,608

Net-worth Requirement

$300,000 - $800,000

Liquid Cash Requirement

$42,000 - $120,000

Ongoing Fees
Initial Franchise Fee

$49,108 - $49,108

Ongoing Royalty Fee

7%

Ad Royalty Fee

1.5%

Financing Options

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

Veteran Incentives

20% off franchise fee

Support Options
Ongoing Support

Purchasing Co-ops

Newsletter

Meetings/Conventions

Grand Opening

Online Support

Security/Safety Procedures

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

On-The-Job Training:

18 hours

Classroom Training:

39 hours

Additional Training:

Additional training

Number of Employees Required to Run:

10 - 15

Cost
Initial Investment: Low - $199,970 High - $299,608
Units
-8.3%-1 UNITS (1 Year) +10.0%+1 UNITS (3 Years)

Units (Locations)

Where Seeking Franchisees:

Franchisor is seeking new franchise units throughout the U.S.

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Disclaimer

The Franchise 500 is not intended to endorse, advertise, or recommend any particular franchise. It is solely a research tool you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing money in a franchise.
Updated: September 25th, 2019