Pink Iron vs 1 on 1 Yoga Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Pink Iron vs 1 on 1 Yoga including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Pink Iron Franchise
1 on 1 Yoga Franchise
Investment $240,000 - $350,000$52,650 - $286,500
Franchise Fee $39,500$19,900
Royalty Fee 7%6% or $150/week
Advertising Fee up to 3%4%
Year Founded 2009-
Year Franchised 2015-
Term Of Agreement -10 years +5+5
Term Of Agreement -10 years +5+5
Renewal Fee --


Business Experience Requirements

 
Pink Iron Franchise
1 on 1 Yoga Franchise
Experience

We are seeking those who are passionate about women's fitness, have local market and industry knowledge, experience in the fitness industry, and have a teamwork-ready attitude! If you are smart, kind, and coachable you are ready to be a Pink Iron owner!

There is no particular experience necessary in business or in Yoga. We will train you. Our operations manual includes guidelines and considerations for hiring competent teaching staff.


Financing Options

 
Pink Iron Franchise
1 on 1 Yoga Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support

 
Pink Iron Franchise
1 on 1 Yoga Franchise
Training

White glove service with a full in-house training program, startup help, and ongoing trainings and meetings to keep everyone on the same page and with the most up-to-date information. We are committed to ensuring that every franchisee and their staff receives the very best training and support during the initial startup phase of the franchise. All owners and managers will come to the original Pink Iron location in sunny West Hollywood, CA and receive one-on-one training with our founder, celebrity trainer Holly Holton. Franchisees will walk through out systems, witness and learn how our flagship location is run, and leave with a deep understanding of what it takes to run a Pink Iron. Our Pink Iron franchise team is always available to visit on-location and help with any questions you might have or assistance you might require. We believe in being very hands-on to ensure that every Pink Iron is at the head of the market for women's fitness.

70-hour (+/-) 8-day training program at our corporate office in Miami Beach, Florida for you and/or your manager. - See more at: http://1on1yogafranchise.com/for-everyone/#yogabusiness

Support -

*Regional workshops for Yoga and for business. *Advanced training for managers and sales personnel. *Personal visits to your studio for sales and business help. *Conference calls and webinars for additional training & group discussions. *Online operations manual

Marketing --
Operations

Owner-operators are essential to the success of a Pink Iron location. We require that any owner, or at least 1/2 of an ownership team/partnership take a full-time role in running their Pink Iron franchise.

Our operations manual provides guidelines and considerations for hiring your staff. We train everyone for you on the 1 on 1 Sales System at our Training Central facility. You can be an absentee owner of multiple studios if you wish and there is a discount in the franchise fee for multiple purchases.


Expansion Plans

 
Pink Iron Franchise
1 on 1 Yoga Franchise
US Expansion YesYes
Canada Expansion -Yes
International Expansion --

Company Overviews

About Pink Iron

Pink Iron is the new standard in women's gyms, boasting the Most Effective Workout in the World for Women all while being surrounded by a beautiful feminine and motivating environment. With a talented coaching staff, state-of-the-art sports training equipment, fun and challenging group classes for all fitness levels, and amazing service, Pink Iron will make any woman feel like they are on the Hollywood A-List. This boutique gym also offers hassle free month-to-month memberships and no initiation fees! The creation of fitness competitor and celebrity trainer Holly Holton, Pink Iron offers the women of Los Angeles a new alternative to the "nightclub scene" atmosphere of a coed gym. The glamorous Hollywood decor will make you feel pretty in Pink, but don't be fooled, you will feel tough as Iron when leaving from a workout in this gym. From starlets to soccer moms, Pink Iron is responsible for some of the hottest bodies in Hollywood! You can be next! At Pink Iron, our mission is to positively impact, inspire, and improve women's lives through fitness. We have come together to create a community, a family, where each client feels comfortable and supported. We are a women's gym but you won't find our members lifting 3pound baby weights; you will walk in on any given day to find real women working hard and together to push each other to be their best. We use barbells, kettlebells, rowers, and jump ropes as some of our tools of choice. Our programs are designed specifically for women with our member's goals in mind. Expansion Plans - We are expanding and franchising into the greater Los Angeles area and throughout the western United States. We are open to hearing about all potential franchisees wherever they are located!

About 1 on 1 Yoga

1 on 1 Yoga is a unique yet traditional innovated spin on the teaching of Yoga. 1 on 1 Yoga has returned to the traditional teaching methods by centering on a membership of Private and Semi-private Yoga lessons. Members can also attend classes with a maximum student / teacher ratio of 8 to 1. Goals are established and each member is monitored closely as to their progress and rewarded for their successes. It's this close personal relationship with positive reinforcement between student and teacher that makes 1 on 1 Yoga a success. Non-member class lessons are available for "come & go" students that buy class cards or Groupon Daily Deals for a predetermined number of classes. As ancient as Yoga is, there is nothing ancient about 1 on 1 Yoga's sales, marketing and business procedures. 1 on 1 Yoga employs a Relationship Selling program starting from the first phone inquiry, to a private lesson introductory course, to the annual membership and onward to the course renewal process. There is never any pressure selling. Properly handled, the financially secure customer experiencing the best will buy the best. Other membership programs exist for those who may be financially hampered. All aspects of private and class scheduling, student automatic payment collection and teacher payroll are handled via a proprietary student / business management software. All marketing and social media communications are centralized, co-opted and nonprofit. Incoming phone inquiries are handled from a central location for all franchised studios. Our Yoga Call Center sells, schedules and collects payment from the prospective student inquiry. 1 on 1 Yoga maintains a training facility in Miami Beach. All managers / franchisees and sales staff participate in a 70-hour, eight day sales and management training course covering the A to Z aspects of a successful private lesson centric Yoga studio. Location, location, location are the three most important elements of a successful business. 1 on 1 Yoga takes demographic studies very seriously. We have a formula of population density, per capita income and other factors that puts our franchisee in a location that services a population that can well afford the expense of a private lesson Yoga curriculum. We use professionals to assist in lease negotiations and contractor build-outs. Third party lease companies are available to finance flooring, furnishing, computer systems and signage to further reduce your initial investment.