Iron Tribe Fitness vs Honor Yoga Franchise Comparison

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

Start-Up Costs and Fees

 
Iron Tribe Fitness Franchise
Honor Yoga Franchise
Investment $300,000 - $433,500$146,608 - $270,608
Franchise Fee $42,000$38,000
Royalty Fee 6%-
Advertising Fee 1%-
Year Founded 20102015
Year Franchised 20122016
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements

 
Iron Tribe Fitness Franchise
Honor Yoga Franchise
Experience --

Financing Options

 
Iron Tribe Fitness Franchise
Honor Yoga Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support

 
Iron Tribe Fitness Franchise
Honor Yoga Franchise
Training On-The-Job Training: 20 hours Additional Training: Online pre-training course -
Support Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform -
Marketing Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app -
Operations Absentee Ownership Allowed Number of Employees Required to Run: 5 -

Expansion Plans

 
Iron Tribe Fitness Franchise
Honor Yoga Franchise
US Expansion YesYes
Canada Expansion --
International Expansion --

Company Overviews

About Iron Tribe Fitness

"Iron

Iron Tribe was founded by fitness industry veteran, Forrest Walden, back in 2008 in his 400 square foot garage. Initially, it was just to have a place for Forrest to do group-based workouts with his friends because he couldn’t find anywhere locally that offered the right amount of space and equipment. There was no charge to belong, but you had to have a personal invite. "The  As more and more friends begged to come and join his garage gym, Forrest began to dream about what it would look like to start a brand-new concept that would take his team-based, group workouts to the next level and allow more lives to be impacted. The first official Iron Tribe location opened in February of 2010. The response from the community was immediate and overwhelming. In fact, the 250 membership cap was reached in under 8 months with a growing waiting list .
That location has operated at max capacity since  September of 2010 eventually moving across the street and expanding the location to serve 300 clients.

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