Modo Yoga
Franchising since 2004 · 2 locations
The initial franchise fee is $50,000. Modo Yoga currently operates 2 locations (2 franchised). The top SBA 7(a) lenders for Modo Yoga are Ohio Statewide Development Cor and Community Capital Development. PeerSense FPI health score: 49/100.
$50,000
2
2 franchised
Proprietary PeerSense metric
FairActive capital sources verified for Modo Yoga financing
SBA
7(a) Eligible
21d
Avg Funding
P+2.25%
Best Rate
No retainers · Referral fee at closing
FPI Score Breakdown
New/Niche (1-2 loans)
SBA Lending Performance
SBA Default Rate
0.0%
0 of 2 loans charged off
SBA Loans
2
Total Volume
$1.1M
Active Lenders
2
States
1
Top SBA Lenders for Modo Yoga
What is the Modo Yoga franchise?
For franchise investors navigating the dynamic health and wellness sector, the critical challenge lies in identifying a brand that not only offers a proven business model but also aligns with evolving consumer values and demonstrates sustainable growth potential, thereby mitigating the inherent risks of capital investment in a competitive market. Modo Yoga, initially established as Moksha Yoga, presents a distinctive franchise opportunity rooted in the burgeoning health and wellness industry, specifically targeting the hot yoga segment with a strong emphasis on community and environmental sustainability, a combination that appeals to a growing demographic of health-conscious consumers seeking holistic well-being. The company was co-founded in 2004 in Toronto, Canada, by Jessica Robertson and Ted Grand, with Natalia Brajak also playing a foundational role until her departure in 2007, laying the groundwork for a brand that would eventually unify its global presence under the Modo Yoga name through a significant rebranding effort in 2018. Currently, co-founder Jess Robertson serves as a Senior Advisor and Community Documentarian, contributing to the brand's ongoing narrative from her base in Montreal, Canada, while Emily Drouillard leads Modo Yoga International as its current CEO, guiding the brand's strategic direction. The core philosophy of Modo Yoga is deeply embedded in principles of co-creation and non-hierarchical leadership, meticulously structured around six guiding pillars: Be Healthy, Be Accessible, Live Green, Community Support, Reach Out, and Live to Learn, which together emphasize fitness, mobility, community engagement, and a steadfast commitment to environmental responsibility. From its inception, this community-centric approach has enabled Modo Yoga to raise over $7 million for various local and global charities, underscoring its impact beyond just fitness instruction. While the corporate database indicates a current count of 2 total units, both franchised, the brand's historical trajectory and various recent reports illustrate a broader operational footprint, with data from August 2024 suggesting a network of "nearly 60 studios" and a September 2025 report noting "more than 35 studios already thriving across North America," alongside a BizBuySell listing, likely referencing 2025 FDD data, which indicated 36 existing units. Other sources provide varying figures, including FranchisePayback.com reporting 8 total franchised units in 2025, FranchiseGrade.com stating 9 franchised Modo Yoga locations in the USA as of 2024 FDD data spread across 6 states (CA, FL, MN, NY, OH, OR), and Franzy noting 12 locations, all 100% franchisee-owned, in June 2025. An older reference from the Antarctic Agency, circa the 2018 rebranding, even mentioned 75 independently owned yoga studios across North America, showcasing the brand's significant journey and geographical reach across Canada, the U.S., and France.
The global health and wellness market, a multi-trillion dollar industry, continues its robust expansion, with the fitness and recreational sports centers category serving as a cornerstone, demonstrating resilience and consistent consumer demand even amidst economic fluctuations. This burgeoning sector is experiencing sustained growth, driven by key consumer trends such as an escalating global health consciousness, a pervasive desire for holistic well-being solutions, and a strong preference for community-oriented services that transcend mere physical exercise. Modo Yoga benefits significantly from several secular tailwinds, including the increasing societal emphasis on preventive health measures, the widespread adoption of mindful practices like yoga for stress reduction and mental clarity, and a growing consumer demand for businesses that demonstrate genuine environmental stewardship and social responsibility, directly aligning with Modo Yoga’s foundational pillars of Live Green and Community Support. The inherent appeal of this industry category for franchise investment stems from its recurring revenue models, often built on membership subscriptions, and the opportunity for entrepreneurs to invest in a business that aligns with their personal values and contributes positively to community health. The competitive landscape within the fitness industry, particularly the yoga segment, is characterized by a blend of fragmentation, with numerous independent studios, and consolidation, as larger chains expand their footprint, positioning Modo Yoga within a specialized niche focusing on hot yoga, which offers a distinct experience compared to general fitness centers. Macro forces, including a heightened post-pandemic focus on personal health and immunity, an increasing allocation of disposable income towards experiential wellness services, and a persistent desire for authentic community connections, collectively create a fertile ground for the continued growth and strategic expansion of well-positioned brands like Modo Yoga, which are capable of delivering specialized, value-driven services.
The financial investment required to launch a Modo Yoga franchise involves a multi-faceted structure, beginning with an initial franchise fee of $50,000 for a single unit, with the brand offering reduced fees for franchisees seeking to develop subsequent studios, thereby incentivizing multi-unit ownership and strategic expansion. It is important for prospective investors to note that while the $50,000 fee is widely reported, some sources, including Franzy and FranchiseGrade.com, have cited a franchise fee of $25,000, indicating potential variations or historical changes in the fee structure that warrant thorough investigation during the due diligence process. The total estimated initial costs for the comprehensive build-out of a standard 4,000–5,000 square foot studio space are substantial, ranging from $400,000 to $800,000, encompassing everything from leasehold improvements and equipment to initial inventory and working capital. More specifically, the 2025 Franchise Disclosure Document (FDD) provides a precise total initial investment range of between $463,000 and $931,000, offering a clear and comprehensive financial roadmap for potential franchisees. Additional reported total investment ranges further illustrate the variability in costs, with figures such as $338,900 to $986,000 reported in June 2025 and another truncated figure of $358,XXX, underscoring that the total investment can fluctuate based on factors like real estate costs, regional construction expenses, and the specific market conditions of the chosen location. Based on these substantial initial investment figures, a Modo Yoga franchise opportunity positions itself as a mid-to-high tier investment within the broader franchise landscape, requiring significant capital commitment from prospective owners. The brand's corporate entity, Modo Yoga International, provides the overarching structure and strategic direction for its global network of studios.
The operational blueprint for a Modo Yoga franchisee centers on delivering a consistent, high-quality hot yoga experience, deeply integrated with the brand's core values of community and environmental sustainability, ensuring that daily operations reflect the six guiding pillars. While specific staffing requirements are not explicitly detailed, the operation of a 4,000–5,000 square foot yoga studio inherently necessitates a dedicated team, typically including certified yoga instructors, front desk staff for member services, and potentially studio management to oversee daily functions and foster the community environment. The primary format option for a Modo Yoga studio involves a spacious 4,000–5,000 square foot physical location, designed to accommodate multiple hot yoga practice rooms, changing facilities, and communal areas that support the brand's emphasis on community building. While the specifics of the training program, including its duration, location, or hands-on hours, are not explicitly provided in the available data, a comprehensive training curriculum is a standard expectation for any reputable franchise system, typically covering operational procedures, brand standards, instructor certification requirements, and customer service protocols to ensure consistent brand delivery across all locations. Similarly, details regarding ongoing corporate support, such as the provision of field consultants, proprietary technology platforms, national marketing programs, or supply chain management, are not explicitly outlined in the provided information. However, the brand's active pursuit of strategic expansion, including multi-location agreements, suggests a robust corporate infrastructure capable of supporting new and existing franchisees. The territory structure for Modo Yoga appears to facilitate multi-unit development, as evidenced by the announced multi-location agreement to establish three new studios in Chicago, IL, over the next three years, alongside a six-studio expansion planned for Toronto, Ontario, in 2025, and several new locations awarded across the U.S. and Canada. This strategic approach, coupled with reduced franchise fees for subsequent studios, clearly indicates that Modo Yoga encourages and supports multi-unit ownership, allowing franchisees to build a regional presence.
For prospective investors evaluating the Modo Yoga franchise opportunity, it is important to note that Item 19 financial performance data, which typically provides crucial insights into unit-level revenue and profitability, is not disclosed in the current Franchise Disclosure Document. In the absence of specific Item 19 disclosures, an analysis of the brand's growth trajectory and various reported unit counts becomes paramount for understanding its market penetration and operational footprint over time. Modo Yoga began its franchising efforts in Canada in 2005, building upon an initial foundation of six studios established in 2004, and subsequently expanded into the United States in 2008, demonstrating early and rapid growth by reaching 20 studios by 2009 and further expanding to 40 studios by 2011. The brand achieved a significant milestone by its 13th anniversary in 2017, having expanded to over 100 studios worldwide, including its inaugural studio in Paris, France, marking its strategic entry into the European market. However, more recent data on the total number of locations shows considerable variation across different sources, which potential investors must carefully consider. As of August 2024, the network was reported to comprise "nearly 60 studios," while a September 2025 report indicated "more than 35 studios already thriving across North America." A BizBuySell listing, likely referencing 2025 FDD data, cited 36 existing units, contrasting with FranchisePayback.com's report of 8 total franchised-owned units in 2025, and FranchiseGrade.com's figure of 9 franchised Modo Yoga locations in the USA as of 2024 FDD data, spread across 6 states including California, Florida, Minnesota, New York, Ohio, and Oregon. Franzy, in June 2025, noted 12 locations, all 100% franchisee-owned, and notably characterized the growth as "slow" after nearly two decades, which presents a nuanced perspective on the brand's recent expansion pace compared to its earlier rapid ascent. An older reference from the Antarctic Agency, likely around the 2018 rebranding, mentioned 75 independently owned yoga studios across North America, further highlighting the variability in reported figures. The corporate database, providing the most current official data, indicates a total of 2 units, both franchised, which represents a significant divergence from the historical peak and various contemporary reports. Without Item 19 data, these varied unit count figures and growth characterizations suggest a complex operational history and a need for direct inquiry into the factors influencing these trends and the current state of unit-level performance, especially given the notable fluctuations from over 100 studios in 2017 to the current official database count of 2 franchised units.
Modo Yoga's growth trajectory showcases a dynamic history, beginning with a strong initial expansion phase followed by a period of more varied unit count reporting, yet the brand is currently pursuing aggressive strategic expansion. Starting with 6 studios in 2004 and initiating franchising in Canada in 2005, the brand demonstrated rapid early growth, reaching 20 studios by 2009 and expanding further to 40 studios by 2011, culminating in a global network of over 100 studios by its 13th anniversary in 2017, which included its first European studio in Paris, France. However, subsequent unit count figures show considerable fluctuation, with reports ranging from "nearly 60 studios" in August 2024 to "more than 35 studios" in North America by September 2025, alongside other figures like 36 existing units (2025 FDD data), 8 total franchised units (2025), 9 franchised US locations (2024 FDD), and 12 locations (June 2025), with an older reference to 75 North American studios around the 2018 rebranding. The corporate database indicates 2 total franchised units, suggesting a significant consolidation or reclassification of its network. Despite these variations, recent corporate developments highlight a renewed strategic focus on expansion, including the significant rebranding from Moksha Yoga to Modo Yoga in 2018, which aimed to unify its global presence and reinforce its core values. The company has actively announced a multi-location agreement in September 2025 to bring three new studios to Chicago, IL, over the next three years, demonstrating a clear commitment to U.S. market penetration. Furthermore, 2025 is slated for a six-studio expansion in Toronto, Ontario, along with several new locations awarded across the U.S. and Canada, and a new studio scheduled to open in Mississauga, Ontario, in the summer of 2025, indicating a robust pipeline of new unit development. The competitive moat for Modo Yoga is primarily built upon its specialized hot yoga offering, which caters to a dedicated segment of the fitness market, complemented by its strong community focus and deeply embedded commitment to environmental sustainability, as articulated through its "Live Green" pillar and its track record of raising over $7 million for charities. These distinctive elements, combined with its six guiding pillars, differentiate Modo Yoga from more generalized fitness centers and create a unique brand identity that resonates with a values-driven consumer base. The brand is actively adapting to current market conditions by pursuing strategic expansion through multi-location agreements, signaling a proactive approach to growth and market share capture.
The Modo Yoga franchise model encourages multi-unit ownership, which is evident through its offering of reduced franchise fees for subsequent studios and its active engagement in multi-location development agreements. While specific requirements for an ideal candidate are not explicitly provided, the brand’s strong emphasis on community, environmental sustainability, and a non-hierarchical leadership philosophy suggests that prospective franchisees who align with these values, possess strong leadership capabilities, and demonstrate a passion for health and wellness would be well-suited to the system. The brand is actively pursuing strategic expansion across Canada, the U.S., and France, indicating a broad geographic focus for new franchise development. Specific new territories slated for expansion include a multi-location agreement for three new studios in Chicago, IL, over the next three years, a significant six-studio expansion in Toronto, Ontario, in 2025, and a new studio opening in Mississauga, Ontario, in the summer of 2025, alongside several other new locations awarded across the U.S. and Canada, highlighting key growth markets. The available data does not specify which markets perform best within the Modo Yoga network, nor does it detail the typical timeline from franchise agreement signing to studio opening, or the specifics of the franchise agreement term length and renewal terms. Similarly, information regarding transfer and resale considerations for existing Modo Yoga franchises is not available, which are important aspects for potential investors to consider for long-term planning and exit strategies.
For franchise investors seeking a distinctive opportunity within the resilient and growing health and wellness sector, Modo Yoga presents a compelling proposition, distinguished by its specialized hot yoga offering, deep community integration, and unwavering commitment to environmental sustainability. The brand's extensive history, from its founding in 2004 and rapid early expansion to over 100 studios by 2017, through its 2018 rebranding and subsequent strategic growth initiatives, underscores its enduring presence and adaptability in a competitive market. While Item 19 financial performance data is not disclosed in the current Franchise Disclosure Document, and unit count reporting shows considerable variation across sources, the active pursuit of multi-location agreements in key markets like Chicago and Toronto signals a renewed and aggressive growth strategy, offering significant expansion potential for qualified franchisees. The initial franchise fee of $50,000, with a total investment ranging from $463,000 to $931,000, positions Modo Yoga as a substantial, mid-to-high tier investment opportunity. With an FPI Score of 49, indicating a "Fair" rating, potential franchisees are encouraged to conduct thorough due diligence. PeerSense provides exclusive due diligence data including SBA lending history, FPI score, location maps with Google ratings, FDD financial data, and side-by-side comparison tools. Explore the complete Modo Yoga franchise profile on PeerSense to access the full suite of independent franchise intelligence data.
FPI Score
49/100
SBA Default Rate
0.0%
Active Lenders
2
Key Highlights
Franchise Financing Resources
Data Insights
Key performance metrics for Modo Yoga based on SBA lending data
SBA Default Rate
0.0%
0 of 2 loans charged off
SBA Loan Volume
2 loans
Across 2 lenders
Lender Diversity
2 lenders
Avg 1.0 loans per lender
Modo Yoga — Deep SBA Data
Brand-specific metrics derived directly from SBA 7(a) approval records — peak lending year, leading state, average loan size, and lender concentration. PeerSense computes these per brand so capital advisors and prospective franchisees can benchmark this opportunity against the rest of the franchise universe.
Peak SBA Year
2024
1 approvals — best year on record for Modo Yoga.
Top SBA State
Ohio
2 SBA-financed Modo Yoga locations — the densest operator footprint.
Average Loan Size
$532K
Median $532K — use as a sizing anchor when modeling your own $Modo Yoga unit.
Lender Concentration
100%
Concentrated
Share of Modo Yoga approvals captured by the top 3 SBA lenders.
Modo Yoga's SBA lending pipeline peaked in 2024 (1 approvals). The last five fiscal years account for 100% of cumulative volume ($1.1M approved). Operator density is highest in Ohio with 2 SBA-financed locations. Average funded ticket sits at $532K, with the median at $532K. Lender mix is concentrated: the top three SBA lenders account for 100% of approvals — credit decisions concentrate with a small group of incumbents.
Payment Estimator
Estimated Monthly Payment
$5,176
Principal & Interest only
Locations
Modo Yoga — unit breakdown
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