HOTWORX Franchise - Fitness Studio
HotWorx Franchise Opportunities
The HOTWORX franchise offers an exercise program which should be done in a heat infrared sauna. The exercise programs may include hot yoga, pilates, cycle, ISO, ballet and other trainings. The results and benefits of such workouts are muscle recovery, stress reduction, pain relief, detoxification, weight loss, etc. The first HOTWORX franchise was offered for sale in 2017 and the brand has expanded to 298 units so far. HOTWORX fitness studio is an innovative profitable concept which will always attract new visitors. Therefore, the franchise is currently available for sale in some new locations. The main advantages of being their franchisee are a membership driven business model, innovative fitness technology, multiple revenue streams and ongoing training and support.
How to open a HotWorx franchise?
- Ensure you have adequate capitalization.
In order to open the HotWorx fitness studio franchise, you must have a working capital of $12,000 to $35,000.
- Appreciate the investment required for a fitness studio franchise.
You will need to consider real estate costs, the cost of equipment and signs, the costs of licenses and permits, the cost of uniforms, the cost of insurance, etc.
- Evaluate your prior experience and strengths.
You should thoroughly evaluate your prior business experience before applying to become a HOTWORX fitness studio franchise owner.
- Assess market availability.
You will want to look at the market availability for HotWorx franchises and see if there are available markets in your location of interest before proceeding with the franchising application.
- Submit your application.
Your application will be reviewed by the HotWorx franchise team. You will be emailed a confirmation receipt upon reception of your online application, where we will additionally provide the contact details of the franchise owner.
- Receive approval & opening your HotWorx franchise.
You will receive franchise approval once your financial and background checks are completed. Approval will only be given to candidates who meet all the requirements of franchise owners.
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How much does the HotWorx franchise cost?
HotWorx has a franchise fee of up to $19,950 with a total initial investment range of $188,070 to $351,885.
Liquid Cash Requirement: $12,000 - $35,000
HOTWORX Initial Investment
Initial Investment: $188,070 - $351,885.
Initial Franchise Fee: $19,950
Ongoing Royalty Fee: $550/mo.
Are you interested in starting HotWorx fitness studio in the USA, Canada, India, Pakistan, the UAE, the UK, Ireland, Australia or another country?
We provide estimated franchise costs for some countries:
- - In the United States, the total investment to start the HotWorx fitness business is around $188,070 to $351,885
- - In Canadian dollar, the investment comes around Can$ 235,506 to Can$ 440,636.
- - In Indian currency, the investment comes around Rs 139.87 to Rs 261.71 lakhs.
- - In Pakistani currency, the investment comes around PKR 32.82 - PKR 61.41 million rupees.
- - In currency of the United Arab Emirates, the investment comes around AED 690,781 - 1.29 million dirhams.
- - In currency of the United Kingdom, the investment comes around 139,758 to 261,491 British pound sterlings.
- - In currency of Ireland, the investment comes around EUR 165,335 to EUR 309,347.
- - In Australian currency, the investment comes around AUD 256,116 to AUD 479,202 dollars.
HotWorx website: www.hotworx.net
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Starting investments from:$188,070
- Company foundation year2017
- Year of launching the franchise2017
- Franchise enterprises:298
- Franchisees in USA:296
- Franchisees in other countries:2
- Corporate Address:5145 Taravella Road Marrero, LA 70072, US