Fitness Together vs Honor Yoga Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Fitness Together vs Honor Yoga including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Fitness Together Franchise
Honor Yoga Franchise
Investment $189,162 - $328,576$146,608 - $270,608
Franchise Fee $39,900$38,000
Royalty Fee 6%-
Advertising Fee 2%-
Year Founded 19842015
Year Franchised 19962016
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee 25% of current franchise fee-


Business Experience Requirements
 
Fitness Together Franchise
Honor Yoga Franchise
Experience
  • Industry experience
    		• -

    Financing Options
     
    Fitness Together Franchise
    Honor Yoga Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/Yes-/-
    Start-up Costs No/Yes-/-
    Equipment No/Yes-/-
    Inventory No/Yes-/-
    Receivables No/Yes-/-
    Payroll No/Yes-/-

    Training & Support
     
    Fitness Together Franchise
    Honor Yoga Franchise
    Training Classroom Training: 40 hours -
    Support Newsletter Meetings/Conventions Grand Opening Online Support Field Operations Site Selection Proprietary Software Franchisee Intranet Platform -
    Marketing Network Support Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app-
    Operations International franchisees required to buy multiple units/master licenses; 10% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 3 - 5

    Absentee ownership of franchise is allowed. (95% of current franchisees are owner/operators)

    		-

    Expansion Plans
     
    Fitness Together Franchise
    Honor Yoga Franchise
    US Expansion YesYes
    Canada Expansion No-
    International Expansion No-

    Company Overviews

    About Fitness Together

    Established by Rick Sikorski in 1983, Fitness Together offers individual instructional courses to customers between the ages of 15 and 80. The organization, which started diversifying in 1996, works diversified studios over the United States.

    Best 5 reasons why you ought to consider owning a Fitness Together establishment:

    - A one of a kind private preparing idea
    - Solid establishment bolster with more than 30 years involvement in the individual preparing industry.
    - Set up working frameworks that use best business hones.
    - The chance to change lives with enhanced wellness and wellbeing

    - Proposals for showcasing and advancement of your studio

    The total investment necessary to begin operation of a Fitness Together studio ranges from $189,162 to $328,576. This includes $43,559 to $48,559 that must be paid to the franchisor or its affiliates.
    The total investment necessary to begin operation of a Fitness Together area development franchise ranges from $79,800 (for a 2-studio commitment) to $299,000 (for a 10-studio commitment). This entire amount must be paid to the franchisor.

    VetFran incentive - 20% off the initial franchise fee

    About Honor Yoga

    "Honor
    Honor Yoga is a sustainable community of healing offering an approachable, loving environment to honor your mind, body & self through the practice of yoga. Our beautiful eco-friendly studios are throughout Central NJ in Burlington, Mercer, Monmouth, Ocean & Somerset counties and expanding in the USA.
    ★ Our unique 200 and 300 Hour Yoga Alliance accredited Teacher Training Certification program is a life-changing experience.
    ★ Honor Yoga Now can help you practice and learn yoga through video subscription anywhere around the globe.
    ★ If bringing yoga to the world is your passion, and you have the leadership skills to manage and own your studio we are looking to work with you. 

    As a franchisee, you will operate an Honor Yoga studio which will offer yoga classes to students of all ages and at all stages of their practice in an eco-friendly environment. Class, workshops and series offerings include beginner yoga, intermediate yoga, advanced yoga, family yoga, teen/tween yoga, senior yoga, restorative yoga, heated yoga, pre/post-natal yoga, aerial yoga, yoga barre and various styles of meditation.

    Honor Yoga - Mind, Body & Self