Start-Up Costs and Fees |
||
| 21 Minute Convenience Fitness | Honor Yoga | |
| Investment | 124500 - 195300 | 146608 - 270608 |
| Franchise Fee | 0 | |
| Royalty Fee | 3% | |
| Advertising Fee | ||
| Year Founded | 2003 | 2015 |
| Year Franchised | 2005 | 2016 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| 21 Minute Convenience Fitness | Honor Yoga | |
| Experience | ||
Financing Options |
||
| 21 Minute Convenience Fitness | Honor Yoga | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| 21 Minute Convenience Fitness | Honor Yoga | |
| Training | Internet | |
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations | |
| Marketing | Co-op advertising, Ad slicks | |
| Operations | 1% of all franchisees own more than one unit Number of employees needed to run franchised unit: 2 - 2 Absentee ownership of franchise is allowed. | |
Expansion Plans |
||
| 21 Minute Convenience 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 | |
| 21 Minute Convenience Fitness | |
| Honor Yoga | |
| Franchise Fee | |
| 21 Minute Convenience Fitness | |
| Honor Yoga | |
| Royalty Fee | |
| 21 Minute Convenience Fitness | 3% |
| Honor Yoga | |
| Advertising Fee | |
| 21 Minute Convenience Fitness | |
| Honor Yoga | |
| Year Founded | |
| 21 Minute Convenience Fitness | 2003 |
| Honor Yoga | 2015 |
| Year Franchised | |
| 21 Minute Convenience Fitness | 2005 |
| Honor Yoga | 2016 |
| Term Of Agreement | |
| 21 Minute Convenience Fitness | 10 years |
| Honor Yoga | |
| Renewal Fee | |
| 21 Minute Convenience Fitness | 25% of fran. fee |
| Honor Yoga | |
Business Experience Requirements |
|
| Experience | |
| 21 Minute Convenience Fitness | |
| Honor Yoga | |
Financing Options |
|
| Franchise Fees | |
| 21 Minute Convenience Fitness | No |
| Honor Yoga | No |
| Start-up Costs | |
| 21 Minute Convenience Fitness | |
| Honor Yoga | |
| Equipment | |
| 21 Minute Convenience Fitness} | |
| Honor Yoga | |
| Inventory | |
| 21 Minute Convenience Fitness | |
| Honor Yoga | |
| Receivables | |
| 21 Minute Convenience Fitness | |
| Honor Yoga | |
| Payroll | |
| 21 Minute Convenience Fitness | |
| Honor Yoga | |
Training & Support |
|
| Training | |
| 21 Minute Convenience Fitness | Internet |
| Honor Yoga | |
| Support | |
| 21 Minute Convenience Fitness | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations |
| Honor Yoga | |
| Marketing | |
| 21 Minute Convenience Fitness | Co-op advertising, Ad slicks |
| Honor Yoga | |
| Operations | |
| 21 Minute Convenience Fitness | 1% of all franchisees own more than one unit Number of employees needed to run franchised unit: 2 - 2 Absentee ownership of franchise is allowed. |
| Honor Yoga | |
Expansion Plans |
|
| US Expansion | |
| 21 Minute Convenience 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 | |
| 21 Minute Convenience Fitness | |
| Honor Yoga | |
| International Expansion | |
| 21 Minute Convenience Fitness | |
| Honor Yoga | |