HOTWORX FDD – Franchise Information, Costs and Fees
Type of Business
As a franchisee, you will operate a HOTWORX® location as a 24-hour studio that offers hot exercise services, fitness products and other specialty items under the name brand “HOTWORX®”.
Corporate Information
HOTWORX® Franchising, LLC was organized as a limited liability company under Wyoming law on November 29, 2016. Their principal business address is 5161 Taravella Road, Marrero, Louisiana 70072. They began offering franchises for HOTWORX® studio Locations in January 2017.
Investment
The total investment necessary to begin operation of a single HOTWORX® studio franchise is from $258,550 to $877,750 except for studios developed in California and New York which range from $339,650 to $1,359,212. This includes $150,350 to $224,450 that must be paid to the franchisor or its affiliates. The total investment necessary to enter into their Area Development Agreement will depend on the actual development rights the franchisor grants to you. At a minimum, an area developer must open two (2) studio outlets. If the franchisor grants you the right to an additional studio, then your initial investment for this one additional studio will cost between $253,600 to $872,800 except for studios developed in California and New York which range from $334,700 to $1,354,262. This includes $145,400 to $219,500 that must be paid to the franchisor or its affiliates.
