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Corepower Yoga
CorePower Yoga is about relaxation, awareness and fitness physically, mentally and spiritually. The company believes in making yoga accessible to everyone through a variety of yoga teaching styles and levels. CorePower strives to build a community of yoga practitioners who can benefit not only from the physical benefits of yoga, but also from connections among people. The company embraces a passion for people and the environment, as reflected in its mission: “Share our authentic passion for yoga and healthy living to inspire everyone to live their most extraordinary life.” More about the cost of owning a CorePower Yoga franchise below.
Facts & figures
CorePower Yoga is a full-range yoga education and training company with 55 franchise studio locations in California, Colorado (Flagship studio in Denver), Hawaii, Illinois, Washington, D.C., Minnesota, Oregon, Texas, and Washington. The studios feature intimate spaces that lend themselves to yoga instruction and the company’s core values of awareness and wide accessibility. The chain of yoga studios has become known for high standards in yoga instruction.
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CorePower Yoga Franchise Opportunities – History
CorePower Yoga was founded by Trevor Tice, who serves as company CEO, in 2002 in Denver, Colorado, where it is based today. CorePower Yoga has since become the largest network of yoga studios in the world and is attempting to open 10 to 15 new studios a year, with a goal of growing to 100 by 2016. The company has grown to offer teacher training, yogi training and weight management, as well as a line of retail yoga gear and lifestyle products.
CorePower Yoga Franchise Fee, Total Investment and Requirements
Opening a CorePower Yoga franchise requires a total investment of $214,700 to $427,000, including a franchise fee of $25,000 and an ongoing 5.0% royalty. Expect to have $25,000 of liquid capital on hand to become a CorePower Yoga franchisee.
CorePower Yoga Franchise Business Opportunities: Other Information
CorePower Yoga founder Trevor Tice puts his money where his mouth is. A firm believer in yoga and the benefits it can bring to practitioners, Tice started the Karma Yoga Project, based on the belief that all good deeds positively shape our future experience. Every CorePower Yoga studio participates in the project monthly. Tice and his company regularly participate in fundraising activities for community charitable interests, such as a recent event that raised more than $25,000 for Haiti relief efforts and more than $32,000 for aid following the earthquake and tsunami in Fukushima, Japan.