Ritual Hot Yoga
$100,000
$40,000
5
2020
Chicago,IL
Lindsey Kaalberg
Overview
Amazing Results
Ritual Hot Yoga delivers a premium yoga experience with amazing results for our students. We set the mood by providing everything our students need to practice: yoga mats, mat towels, water bottles, props and essential oils, etc. so that our students can truly focus on their flow and leave the rest to us. Our specially trained teachers monitor each student’s progress in class and provide guided assistance with yoga poses so that each class can accommodate students at all-levels. Students appreciate the amenities we offer and the attention of our teachers during their practice leaving them feeling indulged.
Franchise Unit Trends and Revenue
5
1
$485,526
* in 2022
Franchise Fees
$40,000
7.0%
Gross Sales
0.0%
Gross Sales
Why Choose Ritual Hot Yoga?
Perfect Fit
We provide an all-inclusive, exceptional yoga experience at every touchpoint that keeps our students coming back. Our business model is structured around the important role our teachers play in customer-facing activities and in the operations of our studios. This helps to develop a strong, core Ritual team that drives engagement with our students through our classes, workshops and events.
The intensity of the Ritual practice method fits perfectly within an overall fitness regime and complements other forms of exercise or sports activities, such as running, walking, dancing or cross fit. Many of our students participate in other programs and they like to blend various activities together.
The growing wellness oriented population is looking for new approaches that deliver results, maximize effectiveness and invigorate the spirit. Our program does it all and fits easily into a demanding lifestyle. From fitness enthusiasts, busy professionals to working parents, our Studios draw on a diverse demographic and create a truly supportive community. Our bottom line confirms we have a business model that works!
Starting Costs and Investment Requirements
$300,000 - $500,000
$300,000
$100,000
Training and Support
We are committed to supporting Ritual franchisees and we will use our expertise to assure a smooth and successful opening. Our team will work closely with you to prepare you for studio opening day and to ensure you are set-up for success in the future.
Our real estate flexibility affords you more options to establish your studio. Let our team help you evaluate your preferred trade area and work with you to develop a multi-unit growth plan.
Studio Pre-Opening Support
Our team will provide assistance to get you started quickly and to prepare you for opening and operating your new business.
- Site Selection and Lease Negotiation Assistance
- Studio Build-out and Design Guidance
- Training Programs Tailored for Owner, Manager and Teachers
Studio Grand Opening
Our leadership team works with you and your team to ensure that your Studio Grand Opening activities are implemented successfully. We will provide guidance at this initial stage of your new business to help you coordinate your Studio operations and marketing events.
Ritual Ongoing Support
You will have full access to our resources, expertise and coaching as you develop your Ritual Hot Yoga Studio business and community. Our team is here to help you master the system we’ve created and to teach you how to operate it successfully through our Studio best practices, marketing strategies and ongoing promotional events.
We are ready to grow the Ritual Hot Yoga concept nation-wide and we’re looking for franchise partners who will share in our excitement and be a part of our future growth. Ritual is dedicated to helping our franchisees maximize the value of their investment. We will provide the brand, tools and resources our franchisees need to succeed.
History
Revolutionizing the Yoga Industry
Ritual was founded on the belief that the class experience is rooted in the effectiveness of the teaching staff and the quality of the studio experience. By hiring the best teachers and providing a career path within the Ritual business model framework, we have designed a highly energized studio experience that produces fast results for our students and encourages the dedication of our teachers. As student satisfaction increases, a strong student/member community forms at each of our locations. We have developed a thriving yoga business based on these principles and we’re excited about expanding the Ritual Hot Yoga vision with new franchise partners throughout the United States. Join the revolution!
Ideal Candidate
Are you an investor seeking a non-traditional, dynamic concept to bring to a market area near you? Are you passionate about health and wellness and seeking a business that fits your values? The Ritual concept is suited to a variety of retail settings, appeals to a diverse member population and the business model can be scaled easily.
You do not need yoga experience to operate our business model. However, whether you have yoga experience or not, you will need to build an excellent team that will assist you with operating the business according to our methods and brand standards. Specially trained, Ritual teachers are key to your successful business operations.
You will operate a business that not only enhances health and well-being, but creates meaningful connections between individuals. Your team must be able to fulfill Ritual’s vision and mission that serves our brand, our customers and our people.
Qualities of a Ritual Franchise Partner Candidate:
- Business Management, Sales or Marketing Experience
- Focused on Growth and Expansion
- Passionate About Our Brand Values and Creating a Superior Ritual Studio Experience
- Enthusiastic Leader and Skilled Team Builder
- Desires a Partnership with a Forward-Thinking Franchise Brand
This information is not intended as an offer to sell, or the solicitation of an offer to buy a franchise. If you are a resident of or want to locate a franchise in a state that regulates the offer and sale of franchises, we will not offer you a franchise unless we have complied with applicable pre-sale registration and disclosure requirements in your state. © 2020 Ritual Franchising Company LLC.
