You’re here because you’ve asked yourself how you can help ensure Honest Soul Yoga studios reopen. We are grateful you asked the question, and humbled to have your support.
While we have been able to support our teachers through financing a relief fund, and dispersing paychecks through government assisted programs, our business is still significantly impaired as we have not received the support necessary for operational expenses.
Currently, Honest Soul Yoga has not received news of meaningful financial relief from landlords. In total our four studios' monthly rent is over $45,000/month. We understand commercial landlords are also businesses with employees and bills to pay. However, as a small independently-owned business our leases are personally guaranteed by our ownership.
As you can imagine defaulting on commercial leases is potentially devastating to the owners and their families. Two and possibly three months of closure will easily compound to over $100,000 in just basic expenses (not including payroll).
Your contribution today will help Honest Soul Yoga phase into operations once it is safe to do so, and mitigate expenses that have accumulated and will continue to accumulate due to closure and reduced capacity operations.