Hotworx
Health & Fitness Health & FitnessCompany Information
Address
5161 Taravella Road Marrero, LA 70072
Website
Tel
Not Available
Email
Franchimp Summary Rating
Higher than 76% of peers
Franchise Summary
Description
24-hour studio
Company Background
HOTWORX is the ultimate one-stop shop for your fitness needs. We are a 24/7 studio with over 100,000 square feet of space in 18 locations across the country. Our mission is to provide expert instruction in an encouraging environment that's accessible to everyone, regardless of age or ability level. We offer more than just exercise equipment and group classes - we have everything you need for your workout lifestyle including locker rooms with showers, towel service, personal trainers on site, nutrition counseling services and so much more! HOTWORX offers the best amenities in the industry so you can focus on working out instead of looking around for what you need.
Franchise Opportunity
You want to get in shape, but don't have time to go to the gym. Gyms can be crowded and inconvenient, especially during peak hours. And if you're like most people, you probably don't have enough time to get a full workout in during a single visit. HOTWORX is the perfect solution for your busy lifestyle. Our 24-hour studio offers all of the convenience of a traditional gym, with none of the hassle. Plus, our trainers will help you stay on track and achieve your fitness goals.
Corporate Structure
HOTWORX® Franchising, LLC was organized as a limited liability company under Wyoming law on November 29, 2016. Their principal business address is 5161 Taravella Road, Marrero, Louisiana 70072. They began offering franchises for HOTWORX® studio Locations in February 2017.
Franchise Types Available
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Employee Contact Database
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Hotworx Franchise System Development in 2021
FAQ
How much investment do I need to start my own Hotworx business?
Franchisees typically require at least $258 to $877 investment to get their Hotworx business started
What are the initial franchise fees for Hotworx?
Franchisees typically need to pay at least $150 in fees directly to Hotworx in order to earn the right to launch their business
How much money can I make with a Hotworx franchise? What are
the average revenues for a typical Hotworx business?
We haven’t done the math on how much revenue a typical
Hotworx brings in each year. We estimate that other
franchisees in the Health & Fitness industry generate
$579,475 revenue, so we would expect
Hotworx to generate a similar amount
How long do I need to commit to running a Hotworx unit? What
is my contractual commitment?
Hotworx franchisees are typically required to sign up to a
10 year contract initially. The renewal length
is 5 years. You can of course exit early but
don’t expect to get any refund!
Accessibility
The Franchisor's investment costs ranges from
$258,550 to $877,750
which is
Much Higher
than the $0 to $0 average in the Health & Fitness industry
What determines the investment cost?
Item 7 of the Franchise Disclosure Document lays out the full list of initial investment costs, including the fee payable to the franchisor, security deposits, equipment, professional fees etc
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