I hope that this post will prevent unsuspecting women from loosing all their money in a suspect investment. It effects anyone who wants to buy a Yoga franchise and hopefully helps you to make good decisions with your savings.
This is the example of Oxygen Yoga which has several studios in Canada and I remember that the owner, Jen Hamilton tried to talk me into buying a franchise from her too when I used to train there. My impression of her was that she was not trustworthy so when I checked out what he had told me it confirmed my suspicion.
She claimed to have invented Oxygen Yoga when in actuality she bought the business as is from the original owner and lost may students since. The only way she makes money is by selling the empty studio name mostly to women who do not know anything about business with false promises of quick success.
It turns out that Jen Hamilton owned Cardiocore Bootcamp back in 2006 so when I talked to a former franchise owner I learned that she did with that business the same as she does with Oxygen Yoga: she sold 58 franchises mostly to housewives who didn’t know much about business.
The problem is that she is not a business women either and simply talks people in giving her money for the name and the idea of a business. Every single owner of the 58 Cardiocore Bootcamp franchises went bankrupt and the only person making money was Jen Hamilton. Eventually she folded the business and bought Oxygen Yoga.
So, buyer be aware! Do your homework and talk to people before you give a single penny to her or anyone else who promises you a quick profit with any Yoga since you are guaranteed to loose it all unless you have actual business skills.