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Updated RecentlyThe Max Challenge vs Honor Yoga Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of The Max Challenge vs Honor Yoga including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $131,868 - $280,592 | $146,608 - $270,608 |
| Franchise Fee | $40,000 | $38,000 |
| Royalty Fee | 6% | - |
| Advertising Fee | 2% | - |
| Year Founded | 2011 | 2015 |
| Year Franchised | 2013 | 2016 |
| Term Of Agreement | - | - |
| Term Of Agreement | - | - |
| Renewal Fee | - | - |
Business Experience Requirements |
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| Experience | - | - |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | -/- | -/- |
| Start-up Costs | -/- | -/- |
| Equipment | -/- | -/- |
| Inventory | -/- | -/- |
| Receivables | -/- | -/- |
| Payroll | -/- | -/- |
Training & Support |
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| Training | On-The-Job Training: 18 hours Classroom Training: 40 hours Additional Training: Ongoing virtual training | - |
| 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: 2 | - |
Expansion Plans |
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| US Expansion | - | Yes |
| Canada Expansion | - | - |
| International Expansion | - | - |
Company Overviews
About The Max Challenge
THE MAX Challenge gives our Franchise Owners the opportunity to make an incredible financial return on their investment while truly making a difference in the lives of their members and the community. Enjoy comprehensive guidance and strong ongoing support as you start on your path to fitness franchise ownership.
Veteran Incentives $5,000 off franchise fee
About Honor Yoga
!["Honor]("https://fddexchange.com/wp-content/uploads/2020/04/Honor-Yoga.png")
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