2/10

Franchimp Summary Rating

2 /10
Higher than 87% of peers

Franchise Summary

Description
The Yoga Pod, Inc. offers a franchised yoga business, which provides yoga classes, workshops, training, as well as teacher training for Yoga instructors, yoga apparel, and yoga supplies, through a unique business model, brand, and culture developed by Yoga Pod under the trade name The Yoga Pod.
Company Background
The Yoga Pod is a yoga studio that provides classes, workshops, and training to individuals via membership programs. The company's mission is to provide the best possible service to their clients by providing well-rounded services in order for each individual to live an authentic life.
Franchise Opportunity
Many people want to try yoga, but are intimidated by studios and the commitment of a membership. Yoga can be incredibly beneficial for your health and wellbeing, but it's not always easy to find the time or money to attend studio classes. The Yoga Pod offers online yoga classes and workshops that you can access from anywhere at any time. Plus, our membership program provides unbeatable value and unlimited access to all of our content.
Corporate Structure
The Yoga Pod, Inc. was incorporated under the laws of Colorado on January 30, 2012. Their principal business address is 3701 Arapahoe Avenue, #109, Boulder, Colorado, 80303.
Investment and Franchisee Fees
Depending upon the model or size of the studio that you choose, the total investment necessary to begin operation of a The Yoga Pod franchised business is between $209,000 and $514,000. This includes $41,800 that must be paid to the franchisor for your first location.

The Yoga Pod Franchise System Development in 2015

FAQ

How much investment do I need to start my own The Yoga Pod business?
Franchisees typically require at least $209,000 to $514,000 investment to get their The Yoga Pod business started
What are the initial franchise fees for The Yoga Pod?
Franchisees typically need to pay at least $40,000 in fees directly to The Yoga Pod in order to earn the right to launch their business
How much money can I make with a The Yoga Pod franchise? What are the average revenues for a typical The Yoga Pod business?
We haven’t done the math on how much revenue a typical The Yoga Pod brings in each year. We estimate that other franchisees in the Health & Fitness industry generate $579,475 revenue, so we would expect The Yoga Pod to generate a similar amount
How long do I need to commit to running a The Yoga Pod unit? What is my contractual commitment?
The Yoga Pod franchisees are typically required to sign up to a 10 year contract initially. The renewal length is 10 years. You can of course exit early but don’t expect to get any refund!

Accessibility

2 /10
The Franchisor's investment costs ranges from $639,239 to $978,710 which is Much Higher than the $0 to $0 average in the Health & Fitness industry
What determines the investment cost?
Item 7 of the Franchise Disclosure Document lays out the full list of initial investment costs, including the fee payable to the franchisor, security deposits, equipment, professional fees etc

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