Start-Up Costs and Fees |
||
| HOTWORX Studio | Healthy Inspirations | |
| Investment | 188070 - 351885 | 75000 - 375000 |
| Franchise Fee | ||
| Royalty Fee | $550/mo. | $395/mo. |
| Advertising Fee | ||
| Year Founded | 2016 | 2000 |
| Year Franchised | 2017 | 2004 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| HOTWORX Studio | Healthy Inspirations | |
| Experience | General business experience | |
Financing Options |
||
| HOTWORX Studio | Healthy Inspirations | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| HOTWORX Studio | Healthy Inspirations | |
| Training | ||
| Support | Meetings, Toll-free phone line, Internet, Field operations/evaluations | |
| Marketing | Ad slicks | |
| Operations | International franchisees required to buy multiple units/master licenses; 5% of all franchisees own more than one unit Number of employees needed to run franchised unit: 4 - 4 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | |
Expansion Plans |
||
| HOTWORX Studio | Healthy Inspirations | |
| 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 | Alaska, Alabama, Arkansas, Arizona, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Kansas, Louisiana, Massachusetts, Maine, Minnesota, Missouri, Mississippi, Montana, Nebraska, North Carolina, New Hampshire, New Jersey, New Mexico, Nevada, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, Tennessee, Texas, Utah, Virginia, Vermont, West Virginia, Wyoming, |
| Canada Expansion | 0 | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| HOTWORX Studio | |
| Healthy Inspirations | |
| Franchise Fee | |
| HOTWORX Studio | |
| Healthy Inspirations | |
| Royalty Fee | |
| HOTWORX Studio | $550/mo. |
| Healthy Inspirations | $395/mo. |
| Advertising Fee | |
| HOTWORX Studio | |
| Healthy Inspirations | |
| Year Founded | |
| HOTWORX Studio | 2016 |
| Healthy Inspirations | 2000 |
| Year Franchised | |
| HOTWORX Studio | 2017 |
| Healthy Inspirations | 2004 |
| Term Of Agreement | |
| HOTWORX Studio | |
| Healthy Inspirations | 10 years |
| Renewal Fee | |
| HOTWORX Studio | |
| Healthy Inspirations | $2.5K or 20% of franchise fee |
Business Experience Requirements |
|
| Experience | |
| HOTWORX Studio | |
| Healthy Inspirations | General business experience |
Financing Options |
|
| Franchise Fees | |
| HOTWORX Studio | |
| Healthy Inspirations | |
| Start-up Costs | |
| HOTWORX Studio | |
| Healthy Inspirations | |
| Equipment | |
| HOTWORX Studio} | |
| Healthy Inspirations | |
| Inventory | |
| HOTWORX Studio | |
| Healthy Inspirations | |
| Receivables | |
| HOTWORX Studio | |
| Healthy Inspirations | |
| Payroll | |
| HOTWORX Studio | |
| Healthy Inspirations | |
Training & Support |
|
| Training | |
| HOTWORX Studio | |
| Healthy Inspirations | |
| Support | |
| HOTWORX Studio | |
| Healthy Inspirations | Meetings, Toll-free phone line, Internet, Field operations/evaluations |
| Marketing | |
| HOTWORX Studio | |
| Healthy Inspirations | Ad slicks |
| Operations | |
| HOTWORX Studio | |
| Healthy Inspirations | International franchisees required to buy multiple units/master licenses; 5% of all franchisees own more than one unit Number of employees needed to run franchised unit: 4 - 4 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 |
| Healthy Inspirations | Alaska, Alabama, Arkansas, Arizona, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Kansas, Louisiana, Massachusetts, Maine, Minnesota, Missouri, Mississippi, Montana, Nebraska, North Carolina, New Hampshire, New Jersey, New Mexico, Nevada, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, Tennessee, Texas, Utah, Virginia, Vermont, West Virginia, Wyoming, |
| Canada Expansion | |
| HOTWORX Studio | |
| Healthy Inspirations | 0 |
| International Expansion | |
| HOTWORX Studio | |
| Healthy Inspirations | |