Small Yoga Studio with Regular Classes

Local residents who want a regular class community, from beginners to experienced practitioners.

Memberships, class packs and drop-in fees, plus workshops, teacher training days and mat or retail sales. Renting out spare hours to other teachers can help cover rent.

• Yoga teacher training and teaching experience
• Scheduling and managing teachers
• Marketing to a local community

• Commercial lease commitments, have the terms reviewed before signing
• Zoning and business licence rules for fitness studios, check with your municipality
• Commercial general liability insurance, and WCB/WSIB coverage if you hire staff (rules vary by province)
• Rent and heating costs through slow winter or summer months
• Whether other teachers will be employees or contractors, check how your province and the CRA treat this

Startup costs are typically estimated at around $8,000 to $40,000, depending on the space and lease terms. Have the commercial lease terms reviewed before signing, since rent is an ongoing commitment.

Monthly revenue is typically estimated at around $3,000 to $15,000, depending on memberships and class attendance. Rent and heating costs continue through slow winter or summer months. The estimate assumes at least about 25 hours a week.

Check zoning and business licence rules for fitness studios with your municipality, and have lease terms reviewed. Also check commercial general liability insurance, WCB/WSIB coverage if you hire staff, and how your province and the CRA treat teachers as employees or contractors.