Granny Nannies logo
Home care

Investment

$54,675

Initial Franchise Fee

$35,000

Units

28

Growth Rate

-6%

Overview About Investment Territories Support Operations Ranking History

Overview

Industry Personal-Care Businesses
Founded 1990
Franchising Since 1997
Parent Company
Leadership Robert Hodgson, President
# of Employees at HQ 11
Follow
N/A

Units and Growth Chart

About Granny Nannies

Live True Yoga believes it offers a proven business model. It was founded in 2015 by Nicole Byars with a strong belief that everyone should practice yoga for the loaded benefits it may offer to both the mind and the body. Live True Yoga was created to reflect on diversity and help people live fulfilling lives. 

Since starting its first franchise in 2020, the fitness company has dedicated itself to the progress of both its clients and franchisees. Live True Yoga offers Pilates, barre, and yoga in addition to special events and workshops for its students. The company also provides zoom, video classes, and a yoga teacher training school for different levels of yoga practice.

Why You May Want to Start a Live True Yoga Franchise

With today's conscious health culture, the Live True Yoga staff strives to ensure that there is always something for everyone in Live True Yoga by creating a warm and welcoming space while sticking to the company's core values. If you are an entrepreneur who would like to expand your business, you do not need prior experience in yoga. However, a passionate yogi with a good work ethic and excellent sales and communication skills is preferred.

Opening a Live True Yoga franchise may offer a more predictable outcome than investing in a completely new brand that could struggle to thrive in an already crowded and competitive industry.

What Might Make a Live True Yoga Franchise a Good Choice?

Instructors at Live True Yoga should be professionals with passion. They should be concerned with every individual during the yoga sessions. No absentee ownership is allowed, meaning that new franchisees should run and handle daily business operations while employing professional teacher trainers.

To be part of the Live True Yoga team, you should make sure you're financially ready for an initial investment made up of a franchise fee and other startup costs. In addition, you should prepare yourself for ongoing fees that will include advertising fees and royalty fees. 

How to Open a Live True Yoga Franchise

If awarded a franchise, Live True Yoga franchisees receive a great deal of support from the Live True Yoga brand throughout the franchising process. In addition to pre-opening training, franchisees receive support through brand awareness, marketing, research, and construction. They also receive hands-on training and continued support after their franchise location has opened, including a workshop for the barre certification program. 

There are plenty of territories and multi-units for potential Live True Yoga franchises. A typical franchise agreement runs for ten years. 

Before making any financial commitment or signing an agreement, you must perform your due diligence and establish if this is the right opportunity for you. As part of your due diligence, you may want to speak to existing franchisees and ask questions directed to the Live True Yoga franchising team.

It may be a good idea to speak with an attorney or financial advisor to ensure that you have the necessary financial resources to own and operate a Live True Yoga franchise.

Investment Details

Initial Franchise Fee $35,000
Initial Investment $54,675 - $86,550
Net Worth Requirement $100,000
Cash Requirement $54,675
Royalty Fee 5%
Ad Royalty Fee 2%
Technology Fee N/A
Term of Agreement 10 years
Is Franchise Term Renewable? Yes
Financing In-House
Veterans Incentive 10% off franchise fee

Available Territories

Franchising opportunities available in the following regions

United States

Training & Support Programs

Comprehensive training and ongoing support to help you succeed

Training

On the Job Training 3 hours
Classroom Training 37 hours

Ongoing Support

Purchasing Co-ops
Meetings & Conventions
Toll-Free Line
Grand Opening
Online Support
Security & Safety Procedures
Lease Negotiation
Field Operations
Site Selection
Proprietary Software

Marketing Support

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

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 2
Are exclusive territories available? Yes

Ranking History

Granny Nannies 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