Start a Oxygen Yoga & Fitness Franchise in 2024

Franchise 500 Rank: N/R Not ranked last year

Initial investment: $386K - $639K

Units as of 2023: 71 14.5% over 3 years

Founded in British Columbia, Canada, Oxygen Yoga & Fitness offers both modern yoga and fitness classes in a well-equipped studio. Oxygen Yoga & Fitness members may benefit from exercises that increase calorie burn, improve flexibility, and enhance detoxification in clients’ bodies.

Oxygen Yoga & Fitness may be a productive franchise to open. In 2016, the brand expanded into Alberta and Saskatchewan. The brand later opened dozens more locations across Canada afterwards. Oxygen Yoga & Fitness is actively seeking to expand its reach even further.

Why You May Want to Start an Oxygen Yoga & Fitness Franchise

Oxygen Yoga & Fitness’ primary focus is to provide fitness classes and exercises that help its members to feel and look better than when they came in. The brand may achieve this by offering mind, body, and spiritual support. If you are passionate about yoga and fitness exercises and looking to invest, becoming an Oxygen Yoga & Fitness franchise may be a viable move.

Opening an Oxygen Yoga & Fitness 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 fitness industry.

Oxygen Yoga & Fitness has been ranked in Entrepreneur’s Top Global Franchises. This ranking is based on an evaluation of more than 150 data points in the areas of costs and fees, size and growth, franchisee support, brand strength, and financial strength and stability.

What Might Make an Oxygen Yoga & Fitness Franchise?

The technology used at the Oxygen Yoga & Fitness studio is modern. With FAR Infrared classes, members may benefit from over 20 different fitness classes, enjoy added benefits, and support instructors to assist with completing goals.

To be part of the Oxygen Yoga & Fitness franchise 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, royalty, and potential renewal fees.

Oxygen Yoga & Fitness has partnered with third-party financial lenders that may help cover the costs of the startup, equipment, and inventory if you meet their qualifications.

How to Open an Oxygen Yoga & Fitness Franchise

As is the case with any business opportunity, you should research Oxygen Yoga & Fitness to ensure that the business will thrive in your community. While it is true that healthy competition is necessary for your brand’s success, too much of it could pose a problem moving forward.

As part of your due diligence, you may want to speak to existing franchisees and ask the Oxygen Yoga & Fitness franchising team questions.

If awarded a franchise, franchisees may receive a great deal of support from the Oxygen Yoga & Fitness company throughout the franchising process. In addition to pre-opening training, Oxygen Yoga & Fitness franchisees receive support through brand awareness, marketing, research, and construction. Franchisees may also receive hands-on training and continued support after opening their franchise location.

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 an Oxygen Yoga & Fitness franchise.

Company Overview

About Oxygen Yoga & Fitness

Industry	Health & Wellness
Related Categories	Yoga Fitness, Fitness
Founded	2011
Parent Company	Oxygen Yoga and Fitness Inc.
Leadership	Jennifer Hamilton, CEO
Corporate Address	3101-1201 Marinaside Crescent Vancouver, BC V6Z2V2
Social	Facebook, Twitter, LinkedIn, Instagram, YouTube, TikTok

Business Overview

Franchising Since	2011 (13 years)
# of employees at HQ	8
Where seeking	This company is offering new franchises throughout the US. This company is offering new franchises worldwide.
# of Units	71 (as of 2023)

Information for Franchisees

Here's what you need to know if you're interested in opening a Oxygen Yoga & Fitness franchise.

Financial Requirements & Ongoing Fees

Here's what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.

Initial Franchise Fee Definition: The initial fee paid to a franchisor to join their system What you need to know: Found in Item 5 of the FDD, this may be a flat fee, or may vary based on territory size, experience, or other factors.The franchise fee is an up-front (one-time) cost that a new franchisee pays to the franchisor. This fee is usually due at the signing of the franchise agreement and covers the right to use the franchisor's trademarks, name, and related business systems.	$48,500
Initial Investment Definition: The total amount necessary to begin operation of the franchise What you need to know: The initial investment includes the franchise fee, along with other startup expenses such as real estate, equipment, supplies, business licenses, and working capital. This is outlined in a chart in Item 7 of the FDD, showing a range of possible costs from low to high.	$385,500 - $639,000
Cash Requirement Definition: The minimum liquid capital you must have available in order to qualify to become a franchisee of this company.	$700,000 - $1,000,000
Royalty Fee Definition: A ongoing fee paid to the franchisor on a regular basis. What you need to know: Most franchisors require franchisees to pay an ongoing royalty fee, which is detailed in Item 6 of the FDD. This fee is typically a percentage of weekly or monthly gross sales, but may also be a flat weekly, monthly, or annual fee.	8.5%
Ad Royalty Fee Definition: An going fee paid to the franchisor on a regular basis to support advertising or marketing efforts. What you need to know: This may also be called advertising fee, marketing fee, brand fund fee, and more, but the basic purpose is the same-- to support promotion of the brand systemwide. As with the royalty fee, it is detailed in Item 6 of the FDD, and can be a percentage of weekly or monthly gross sales or a weekly, monthly, or annual fee.	to 2%
Term of Agreement Definition: The length of time your franchise agreement will last. What you need to know: Franchise terms are typically anywhere from 5 to 20 years in length, but are sometimes instead dependent on factors such as the term of your lease. Once your term is up, you may have the option to renew your agreement, typically for a smaller fee than the original franchise fee.	5 years
Is franchise term renewable?	Yes

Financing Options

Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.

Third Party Financing	Oxygen Yoga & Fitness has relationships with third-party sources which offer financing to cover the following: startup costs, equipment, inventory

Training & Support Offered

Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.

On-The-Job Training	Up to 25 hours
Classroom Training	Up to 53 hours
Ongoing Support	Newsletter Meetings & Conventions Grand Opening Online Support Security & Safety Procedures Lease Negotiation Field Operations Site Selection Proprietary Software Franchisee Intranet Platform
Marketing Support	Ad Templates National Media Regional Advertising Social Media SEO Website Development Email Marketing Loyalty Program/App

Operations

Additional details about running this franchise.

Is absentee ownership allowed?	Yes
Can this franchise be run from home/mobile unit? Definition: The business can be run from your home and/or a vehicle, and it is not necessary to have a retail facility, office space, or warehouse.	No
Can this franchise be run part time? Definition: This business can be run by the owner on a part-time basis (less than 40 hours per week) and/or as a side business; it is not necessary for the business to be open/run full-time.	No
Are exclusive territories available? Definition: An exclusive territory is a fixed area in which you are given the right to operate and in which no other units of the same franchise may be opened. What you need to know: Territory size may be based on factors such as radius, population size, zip codes, and more. Details can be found in Item 12 of the FDD.	Yes