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.
Franchisee Attrition
10 /10
This franchise's rate of attrition in 2023
of 0.00%
was
Lower
than the 4% in the Health & Fitness industry. Generally speaking, a higher rate of attrition represents a less stable franchise system and a lower rate of attrition indicates a more successful system
What's Included in franchise attrition?
We define the franchisee attrition rate as the sum of terminations, re-acquisitions by
franchisor, non-renewals, and ceased operations, divided by the number of outlest at the start of the year.
It is a strong indicator of the strength of the underlying operating model
Franchise Types Available
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Type
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Fees
Employee Contact Database
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Name
Position
Phone Number
Email Address
Franchise Disclosure Documents
FDD
Effective Date
Hotworx Franchise System Development in 2021
FAQ
How much investment do I need to start my own Hotworx business?
Franchisees typically require at least
$240,750 to
$600,200 investment to get their
Hotworx business started
What are the initial franchise fees for Hotworx?
Franchisees typically need to pay at least
$114,150 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
$0 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
4 /10
The Franchisor's investment costs ranges from
$322,116 to $558,316
which is
Much Lower
than the $322,949 to $669,726 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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