Start-Up Costs and Fees |
||
| Slender Lady | HOTWORX Studio | |
| Investment | 50000 - 50000 | 188070 - 351885 |
| Franchise Fee | 0 | |
| Royalty Fee | $395/495/mo. | $550/mo. |
| Advertising Fee | ||
| Year Founded | 1996 | 2016 |
| Year Franchised | 1997 | 2017 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Slender Lady | HOTWORX Studio | |
| Experience | ||
Financing Options |
||
| Slender Lady | HOTWORX Studio | |
| Franchise Fees | Yes | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Slender Lady | HOTWORX Studio | |
| 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 |
||
| Slender Lady | 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 | |
| Slender Lady | |
| HOTWORX Studio | |
| Franchise Fee | |
| Slender Lady | |
| HOTWORX Studio | |
| Royalty Fee | |
| Slender Lady | $395/495/mo. |
| HOTWORX Studio | $550/mo. |
| Advertising Fee | |
| Slender Lady | |
| HOTWORX Studio | |
| Year Founded | |
| Slender Lady | 1996 |
| HOTWORX Studio | 2016 |
| Year Franchised | |
| Slender Lady | 1997 |
| HOTWORX Studio | 2017 |
| Term Of Agreement | |
| Slender Lady | 7 years |
| HOTWORX Studio | |
| Renewal Fee | |
| Slender Lady | |
| HOTWORX Studio | |
Business Experience Requirements |
|
| Experience | |
| Slender Lady | |
| HOTWORX Studio | |
Financing Options |
|
| Franchise Fees | |
| Slender Lady | Yes |
| HOTWORX Studio | Yes |
| Start-up Costs | |
| Slender Lady | |
| HOTWORX Studio | |
| Equipment | |
| Slender Lady} | |
| HOTWORX Studio | |
| Inventory | |
| Slender Lady | |
| HOTWORX Studio | |
| Receivables | |
| Slender Lady | |
| HOTWORX Studio | |
| Payroll | |
| Slender Lady | |
| HOTWORX Studio | |
Training & Support |
|
| Training | |
| Slender Lady | |
| HOTWORX Studio | |
| Support | |
| Slender Lady | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| HOTWORX Studio | |
| Marketing | |
| Slender Lady | Co-op advertising, Ad slicks, National media, Regional advertising |
| HOTWORX Studio | |
| Operations | |
| 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) |
| HOTWORX Studio | |
Expansion Plans |
|
| US Expansion | |
| Slender Lady | |
| 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 | |
| Slender Lady | |
| HOTWORX Studio | |
| International Expansion | |
| Slender Lady | |
| HOTWORX Studio | |