Start-Up Costs and Fees |
||
| Beverly Hills Weight Loss and Wellness | HOTWORX Studio | |
| Investment | 64000 - 96000 | 188070 - 351885 |
| Franchise Fee | 0 | |
| Royalty Fee | 6% | $550/mo. |
| Advertising Fee | ||
| Year Founded | 1988 | 2016 |
| Year Franchised | 1989 | 2017 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Beverly Hills Weight Loss and Wellness | HOTWORX Studio | |
| Experience | General business experience Marketing skills Sales experience | |
Financing Options |
||
| Beverly Hills Weight Loss and Wellness | HOTWORX Studio | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | Yes | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Beverly Hills Weight Loss and Wellness | HOTWORX Studio | |
| Training | Ongoing training | |
| Support | Newsletter, Toll-free phone line, Grand opening, Internet, Field operations/evaluations | |
| Marketing | Co-op advertising, Ad slicks | |
| Operations | 14% of all franchisees own more than one unit Number of employees needed to run franchised unit: 3 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | |
Expansion Plans |
||
| Beverly Hills Weight Loss and Wellness | HOTWORX Studio | |
| US Expansion | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming | |
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Beverly Hills Weight Loss and Wellness | |
| HOTWORX Studio | |
| Franchise Fee | |
| Beverly Hills Weight Loss and Wellness | |
| HOTWORX Studio | |
| Royalty Fee | |
| Beverly Hills Weight Loss and Wellness | 6% |
| HOTWORX Studio | $550/mo. |
| Advertising Fee | |
| Beverly Hills Weight Loss and Wellness | |
| HOTWORX Studio | |
| Year Founded | |
| Beverly Hills Weight Loss and Wellness | 1988 |
| HOTWORX Studio | 2016 |
| Year Franchised | |
| Beverly Hills Weight Loss and Wellness | 1989 |
| HOTWORX Studio | 2017 |
| Term Of Agreement | |
| Beverly Hills Weight Loss and Wellness | 5 years |
| HOTWORX Studio | |
| Renewal Fee | |
| Beverly Hills Weight Loss and Wellness | |
| HOTWORX Studio | |
Business Experience Requirements |
|
| Experience | |
| Beverly Hills Weight Loss and Wellness | General business experience Marketing skills Sales experience |
| HOTWORX Studio | |
Financing Options |
|
| Franchise Fees | |
| Beverly Hills Weight Loss and Wellness | No |
| HOTWORX Studio | No |
| Start-up Costs | |
| Beverly Hills Weight Loss and Wellness | |
| HOTWORX Studio | |
| Equipment | |
| Beverly Hills Weight Loss and Wellness} | |
| HOTWORX Studio | |
| Inventory | |
| Beverly Hills Weight Loss and Wellness | |
| HOTWORX Studio | |
| Receivables | |
| Beverly Hills Weight Loss and Wellness | |
| HOTWORX Studio | |
| Payroll | |
| Beverly Hills Weight Loss and Wellness | |
| HOTWORX Studio | |
Training & Support |
|
| Training | |
| Beverly Hills Weight Loss and Wellness | Ongoing training |
| HOTWORX Studio | |
| Support | |
| Beverly Hills Weight Loss and Wellness | Newsletter, Toll-free phone line, Grand opening, Internet, Field operations/evaluations |
| HOTWORX Studio | |
| Marketing | |
| Beverly Hills Weight Loss and Wellness | Co-op advertising, Ad slicks |
| HOTWORX Studio | |
| Operations | |
| Beverly Hills Weight Loss and Wellness | 14% of all franchisees own more than one unit Number of employees needed to run franchised unit: 3 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
| HOTWORX Studio | |
Expansion Plans |
|
| US Expansion | |
| Beverly Hills Weight Loss and Wellness | |
| HOTWORX Studio | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming |
| Canada Expansion | |
| Beverly Hills Weight Loss and Wellness | |
| HOTWORX Studio | |
| International Expansion | |
| Beverly Hills Weight Loss and Wellness | |
| HOTWORX Studio | |