Start-Up Costs and Fees |
||
| HOTWORX Studio | Cuts Fitness For Men | |
| Investment | 188070 - 351885 | 33600 - 77900 |
| Franchise Fee | ||
| Royalty Fee | $550/mo. | $400/mo. |
| Advertising Fee | ||
| Year Founded | 2016 | 2003 |
| Year Franchised | 2017 | 2003 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| HOTWORX Studio | Cuts Fitness For Men | |
| Experience | Industry experience General business experience Marketing skills | |
Financing Options |
||
| HOTWORX Studio | Cuts Fitness For Men | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| HOTWORX Studio | Cuts Fitness For Men | |
| Training | ||
| Support | Newsletter, Meetings, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives | |
| Marketing | Co-op advertising, Regional advertising | |
| Operations | 20% of all franchisees own more than one unit Number of employees needed to run franchised unit: 1 - 2 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | |
Expansion Plans |
||
| HOTWORX Studio | Cuts Fitness For Men | |
| 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 | 0 | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| HOTWORX Studio | |
| Cuts Fitness For Men | |
| Franchise Fee | |
| HOTWORX Studio | |
| Cuts Fitness For Men | |
| Royalty Fee | |
| HOTWORX Studio | $550/mo. |
| Cuts Fitness For Men | $400/mo. |
| Advertising Fee | |
| HOTWORX Studio | |
| Cuts Fitness For Men | |
| Year Founded | |
| HOTWORX Studio | 2016 |
| Cuts Fitness For Men | 2003 |
| Year Franchised | |
| HOTWORX Studio | 2017 |
| Cuts Fitness For Men | 2003 |
| Term Of Agreement | |
| HOTWORX Studio | |
| Cuts Fitness For Men | 10 years |
| Renewal Fee | |
| HOTWORX Studio | |
| Cuts Fitness For Men | |
Business Experience Requirements |
|
| Experience | |
| HOTWORX Studio | |
| Cuts Fitness For Men | Industry experience General business experience Marketing skills |
Financing Options |
|
| Franchise Fees | |
| HOTWORX Studio | |
| Cuts Fitness For Men | |
| Start-up Costs | |
| HOTWORX Studio | |
| Cuts Fitness For Men | |
| Equipment | |
| HOTWORX Studio} | |
| Cuts Fitness For Men | |
| Inventory | |
| HOTWORX Studio | |
| Cuts Fitness For Men | |
| Receivables | |
| HOTWORX Studio | |
| Cuts Fitness For Men | |
| Payroll | |
| HOTWORX Studio | |
| Cuts Fitness For Men | |
Training & Support |
|
| Training | |
| HOTWORX Studio | |
| Cuts Fitness For Men | |
| Support | |
| HOTWORX Studio | |
| Cuts Fitness For Men | Newsletter, Meetings, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives |
| Marketing | |
| HOTWORX Studio | |
| Cuts Fitness For Men | Co-op advertising, Regional advertising |
| Operations | |
| HOTWORX Studio | |
| Cuts Fitness For Men | 20% of all franchisees own more than one unit Number of employees needed to run franchised unit: 1 - 2 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
|
| US Expansion | |
| 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 |
| Cuts Fitness For Men | |
| Canada Expansion | |
| HOTWORX Studio | |
| Cuts Fitness For Men | 0 |
| International Expansion | |
| HOTWORX Studio | |
| Cuts Fitness For Men | |