ShapeXpress vs Honor Yoga Franchise Comparison

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

Start-Up Costs and Fees
 
ShapeXpress Franchise
Honor Yoga Franchise
Investment $89,500 - $152,000$146,608 - $270,608
Franchise Fee $20,000$38,000
Royalty Fee Varies-
Advertising Fee --
Year Founded 20022015
Year Franchised 20032016
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee $2.5K-


Business Experience Requirements
 
ShapeXpress Franchise
Honor Yoga Franchise
Experience
  • Marketing skills
  • Sales skills, previous employee supervision skills
    		• -

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

    Training & Support
     
    ShapeXpress Franchise
    Honor Yoga Franchise
    Training Ongoing-
    Support Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations-
    Marketing Co-op advertising, Ad slicks, Regional advertising-
    Operations Franchisees required to buy multiple units/master licenses

    Number of employees needed to run franchised unit: 3 - 4

    Absentee ownership of franchise is allowed. (35% of current franchisees are owner/operators)

    		-

    Expansion Plans
     
    ShapeXpress Franchise
    Honor Yoga Franchise
    US Expansion -Yes
    Canada Expansion No-
    International Expansion No-

    Company Overviews

    About ShapeXpress

    NO LONGER FRANCHISING

    Proven results for members AND franchisees! Join our success in the $14.8 billion fitness industry! ShapeXpress for Women is setting the standard for women's only fitness franchise opportunities. "Amazing support from the corporate office." That's what our franchisees are saying about ShapeXpress. Support in every area of starting and operating your club: finding a location, negotiating a lease, decor & build-out, financing, marketing, membership sales, daily operations, billing, member tracking, hiring and more. Each franchisee is assigned a Franchise Support Executive to personally assist with setting goals and addressing concerns. Weekly conference calls keep our franchisees in communication with our corporate office and each other. Among U.S. franchises, 65% consist of fewer than 100 stores and 49% have under 50 locations. Compare this to ShapeXpress, which in its first 3 years of offering, has sold over 300 franchises!

    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