Start-Up Costs and Fees |
||
| HOTWORX Studio | Slender Lady | |
| Investment | 188070 - 351885 | 50000 - 50000 |
| Franchise Fee | 0 | |
| Royalty Fee | $550/mo. | $395/495/mo. |
| Advertising Fee | ||
| Year Founded | 2016 | 1996 |
| Year Franchised | 2017 | 1997 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| HOTWORX Studio | Slender Lady | |
| Experience | ||
Financing Options |
||
| HOTWORX Studio | Slender Lady | |
| Franchise Fees | Yes | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| HOTWORX Studio | Slender Lady | |
| Training | ||
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | |
| Marketing | Co-op advertising, Ad slicks, National media, Regional advertising | |
| Operations | 10% of all franchisees own more than one unit Number of employees needed to run franchised unit: 2 Absentee ownership of franchise is allowed. (90% of current franchisees are owner/operators) | |
Expansion Plans |
||
| HOTWORX Studio | Slender Lady | |
| 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 | |
| Slender Lady | |
| Franchise Fee | |
| HOTWORX Studio | |
| Slender Lady | |
| Royalty Fee | |
| HOTWORX Studio | $550/mo. |
| Slender Lady | $395/495/mo. |
| Advertising Fee | |
| HOTWORX Studio | |
| Slender Lady | |
| Year Founded | |
| HOTWORX Studio | 2016 |
| Slender Lady | 1996 |
| Year Franchised | |
| HOTWORX Studio | 2017 |
| Slender Lady | 1997 |
| Term Of Agreement | |
| HOTWORX Studio | |
| Slender Lady | 7 years |
| Renewal Fee | |
| HOTWORX Studio | |
| Slender Lady | |
Business Experience Requirements |
|
| Experience | |
| HOTWORX Studio | |
| Slender Lady | |
Financing Options |
|
| Franchise Fees | |
| HOTWORX Studio | |
| Slender Lady | |
| Start-up Costs | |
| HOTWORX Studio | |
| Slender Lady | |
| Equipment | |
| HOTWORX Studio} | |
| Slender Lady | |
| Inventory | |
| HOTWORX Studio | |
| Slender Lady | |
| Receivables | |
| HOTWORX Studio | |
| Slender Lady | |
| Payroll | |
| HOTWORX Studio | |
| Slender Lady | |
Training & Support |
|
| Training | |
| HOTWORX Studio | |
| Slender Lady | |
| Support | |
| HOTWORX Studio | |
| Slender Lady | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Marketing | |
| HOTWORX Studio | |
| Slender Lady | Co-op advertising, Ad slicks, National media, Regional advertising |
| Operations | |
| HOTWORX Studio | |
| Slender Lady | 10% of all franchisees own more than one unit Number of employees needed to run franchised unit: 2 Absentee ownership of franchise is allowed. (90% 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 |
| Slender Lady | |
| Canada Expansion | |
| HOTWORX Studio | |
| Slender Lady | |
| International Expansion | |
| HOTWORX Studio | |
| Slender Lady | |