Springwell vs Honor Yoga Franchise Comparison

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

Start-Up Costs and Fees

 
Springwell Franchise
Honor Yoga Franchise
Investment $376,776 - $547,813$146,608 - $270,608
Franchise Fee $49,500$38,000
Royalty Fee --
Advertising Fee --
Year Founded 20192015
Year Franchised 20192016
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements

 
Springwell Franchise
Honor Yoga Franchise
Experience --

Financing Options

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

Training & Support

 
Springwell Franchise
Honor Yoga Franchise
Training --
Support --
Marketing --
Operations --

Expansion Plans

 
Springwell Franchise
Honor Yoga Franchise
US Expansion YesYes
Canada Expansion --
International Expansion --

Company Overviews

About Springwell

"Springwell
Springwell  is a specialized medical fitness franchise. Our focus is on helping individuals adopt a healthy lifestyle in a welcoming and clinically supervised environment.
Springwell  Exercise Clinic is on the cutting edge of the healthcare and medical fitness industry. Become part of a holistic gym that caters to individuals with chronic health issues.
Springwell  Exercise Clinic was founded on specific core values which have helped the brand.
Springwell takes fitness and business operations to the next level and pushes franchisees to be the best they can be so they can run their business more efficiently.

The total investment necessary to begin operation of a single franchised Facility ranges from $376,776 to $497,813, including $54,500 that must be paid to the franchisor or their affiliates.
The total investment necessary to operate multiple facilities under a form of area development agreement depends on the number of franchises the franchisor grants you the right to open. The total investment necessary to enter into a development agreement for the right to develop three Facilities is $426,776 to $547,813, which includes a $99,500 development fee that is paid to the franchisor and your total investment to begin operation of your initial clinic. Under the area development agreement, the initial development fee is calculated as follows: $69,500 for the right to develop two Facilities; $99,500 for the right to develop three Facilities; or $29,500 per Facility if you are awarded the right to develop four or more franchised Facilities.










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