Ritual Hot Yoga FDD – Franchise Information, Costs and Fees
Type of Business
The franchise offered is for the operation of a Ritual Hot Yoga studio that provides specialized yoga classes/instruction under the “Ritual Hot Yoga” marks and sells related services, apparel and products. Their Studio offers students and members a yoga immersion experience that is designed to enhance each individual’s yoga practice at all skill levels. The business model is designed around the Ritual Hot Yoga Practice Method which provides attentive instruction in a curated sensory setting.
Corporate Information
Ritual Franchising Company LLC was formed in the state of Illinois on August 21, 2019. Their principal business address is 1100 N. Lake Shore Drive, Chicago, Illinois 60611. They began offering Ritual Hot Yoga franchises in December 2019.
Investment
TThe total investment necessary to begin operation of a Studio franchise ranges from $302,360 to $503,200. This amount includes up to $58,275 that must be paid to the franchisor or its affiliate prior to opening. The total investment necessary to begin operation of your first Ritual Hot Yoga studio under a two unit Multi-Unit Development Agreement ranges from $332,360 to $533,200. This amount includes up to $86,275 that must be paid to the franchisor or its affiliate prior to opening.
