Opening an Honor Yoga Studio
The Honor Yoga studio is the sacred space of the Honor brand where each person’s yoga journey is brought to life. In addition, it is here that each owner nurtures his or her yoga community.
Our studios are intended to provide all that’s needed and nothing more. Spacious floor plans, cubbies for personal belongings, beautiful lighting, lobbies devoid of desks but alive with green walls -- everything needed for the ease and comfort of your visitors.
We are committed to reducing our impact on the environment and make conscious choices in how we design, build, and maintain our studios.
A Closer Look at the Numbers
We provide you with our step-by-step strategy for financial planning, sustainability, and growth
|Initial Franchise Fee (due upon signing)||$49,108||$49,108|
|Construction, Leashold Improvements||$48,400||$87,000|
|Furniture, Fixtures, Equipment||$10,350||$16,850|
|Computer, Software and Point of Sales System||$15,500||$25,000|
|Opening Inventory/Opening Retail Package||$1,000||$1,000|
|Rent and Utility Deposits||$4,300||$18,800|
|Insurance Deposits and Premiums||$1,200||$2,000|
|Pre-Opening Travel Expenses||$150||$5,000|
|Grand Opening Advertising||$10,000||$12,000|
|Business Permits and Licenses||$300||$1,100|
|Additional Funds Operating Capital||$17,500||$22,500|
|Total Estimated Initial Investment||$146,608||$270,608|
Please review the FDD for the most up-to-date Breakdown of Investment.