Start-Up Costs and Fees |
||
| HOTWORX Studio | Row House | |
| Investment | 188070 - 351885 | 257700 - 475800 |
| Franchise Fee | ||
| Royalty Fee | $550/mo. | 7% |
| Advertising Fee | 2% | |
| Year Founded | 2016 | 2015 |
| Year Franchised | 2017 | 2017 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| HOTWORX Studio | Row House | |
| Experience | ||
Financing Options |
||
| HOTWORX Studio | Row House | |
| Franchise Fees | ||
| Start-up Costs | ||
| Equipment | ||
| Inventory | ||
| Receivables | ||
| Payroll | ||
Training & Support |
||
| HOTWORX Studio | Row House | |
| Training | On-The-Job Training: 1 hour Classroom Training: 22 hours Additional Training: Manager training | |
| Support | Purchasing Co-ops Newsletter Meetings/Conventions Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform | |
| Marketing | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app | |
| Operations | Number of Employees Required to Run: 8 | |
Expansion Plans |
||
| HOTWORX Studio | Row House | |
| 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 | |
| HOTWORX Studio | |
| Row House | |
| Franchise Fee | |
| HOTWORX Studio | |
| Row House | |
| Royalty Fee | |
| HOTWORX Studio | $550/mo. |
| Row House | 7% |
| Advertising Fee | |
| HOTWORX Studio | |
| Row House | 2% |
| Year Founded | |
| HOTWORX Studio | 2016 |
| Row House | 2015 |
| Year Franchised | |
| HOTWORX Studio | 2017 |
| Row House | 2017 |
| Term Of Agreement | |
| HOTWORX Studio | |
| Row House | |
| Renewal Fee | |
| HOTWORX Studio | |
| Row House | |
Business Experience Requirements |
|
| Experience | |
| HOTWORX Studio | |
| Row House | |
Financing Options |
|
| Franchise Fees | |
| HOTWORX Studio | |
| Row House | |
| Start-up Costs | |
| HOTWORX Studio | |
| Row House | |
| Equipment | |
| HOTWORX Studio} | |
| Row House | |
| Inventory | |
| HOTWORX Studio | |
| Row House | |
| Receivables | |
| HOTWORX Studio | |
| Row House | |
| Payroll | |
| HOTWORX Studio | |
| Row House | |
Training & Support |
|
| Training | |
| HOTWORX Studio | |
| Row House | On-The-Job Training: 1 hour Classroom Training: 22 hours Additional Training: Manager training |
| Support | |
| HOTWORX Studio | |
| Row House | Purchasing Co-ops Newsletter Meetings/Conventions Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Marketing | |
| HOTWORX Studio | |
| Row House | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Operations | |
| HOTWORX Studio | |
| Row House | Number of Employees Required to Run: 8 |
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 |
| Row House | |
| Canada Expansion | |
| HOTWORX Studio | |
| Row House | |
| International Expansion | |
| HOTWORX Studio | |
| Row House | |