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Modo Yoga

Hot yoga
Investment
$463,450
Initial Franchise Fee
$50,000
Units
36
Growth Rate
-30%

Overview

Industry
Health & Wellness
Founded
2004
Franchising Since
2004
Parent Company
Remora Capital
Leadership
Emily Drouillard, Chief Executive Officer
# of Employees at HQ
6

Units and Growth Chart

Investment Details

Initial Franchise Fee
$50,000
Initial Investment
$463,450 - $931,050
Net Worth Requirement
$500,000
Cash Requirement
$150,000
Royalty Fee
4.5%
Ad Royalty Fee
1.5%
Technology Fee
$750/mo.
Term of Agreement
10 years
Is Franchise Term Renewable?
Yes
Financing
Third Party
Veterans Incentive
10% of franchise fee

Available Territories

Franchising opportunities available in the following regions

United States

States

Alaska Alabama Arkansas Arizona California Colorado Connecticut District of Columbia Delaware Florida Georgia Iowa Idaho Illinois Kansas Kentucky Louisiana Massachusetts Maine Michigan Minnesota Missouri Mississippi Montana North Carolina Nebraska New Hampshire New Jersey New Mexico Nevada New York Ohio Oklahoma Oregon Pennsylvania Rhode Island South Carolina Tennessee Texas Utah Virginia Vermont Wyoming
International

Continents

Canada

Training & Support Programs

Comprehensive training and ongoing support to help you succeed

Training

On the Job Training
8-16 hours
Classroom Training
5-16 hours

Ongoing Support

Newsletter
Meetings & Conventions
Grand Opening
Online Support
Lease Negotiation
Field Operations
Site Selection

Marketing Support

Co-op Advertising
Ad Templates
National Media
Regional Advertising
Social Media
SEO
Website Development
Email Marketing

Operations & Requirements

Key operational details and requirements for running this franchise

Is absentee ownership allowed?
Yes
Can this franchise be run from home/mobile unit?
No
Can this franchise be run part time?
No
# of employees required to run
1-5
Are exclusive territories available?
Yes

Ranking History

Modo Yoga performance in the Franchise rankings over recent years

No data available at this time.

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Disclaimer
The information on this page is not intended as an endorsement or recommendation of any particular franchise or business opportunity by Entrepreneur Media. Our listings and rankings are solely research tools you can use to compare opportunities. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise or business opportunity. That should include reviewing the company's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees/licensees/dealers.
Updated: December 12th, 2022