Start-Up Costs and Fees |
||
| Healthy Inspirations | HOTWORX Studio | |
| Investment | 75000 - 375000 | 188070 - 351885 |
| Franchise Fee | ||
| Royalty Fee | $395/mo. | $550/mo. |
| Advertising Fee | ||
| Year Founded | 2000 | 2016 |
| Year Franchised | 2004 | 2017 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Healthy Inspirations | HOTWORX Studio | |
| Experience | General business experience | |
Financing Options |
||
| Healthy Inspirations | HOTWORX Studio | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Healthy Inspirations | HOTWORX Studio | |
| Training | ||
| Support | Meetings, Toll-free phone line, Internet, Field operations/evaluations | |
| Marketing | Ad slicks | |
| Operations | International franchisees required to buy multiple units/master licenses; 5% of all franchisees own more than one unit Number of employees needed to run franchised unit: 4 - 4 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | |
Expansion Plans |
||
| Healthy Inspirations | HOTWORX Studio | |
| US Expansion | Alaska, Alabama, Arkansas, Arizona, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Kansas, Louisiana, Massachusetts, Maine, Minnesota, Missouri, Mississippi, Montana, Nebraska, North Carolina, New Hampshire, New Jersey, New Mexico, Nevada, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, Tennessee, Texas, Utah, Virginia, Vermont, West Virginia, Wyoming, | 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 | 0 | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Healthy Inspirations | |
| HOTWORX Studio | |
| Franchise Fee | |
| Healthy Inspirations | |
| HOTWORX Studio | |
| Royalty Fee | |
| Healthy Inspirations | $395/mo. |
| HOTWORX Studio | $550/mo. |
| Advertising Fee | |
| Healthy Inspirations | |
| HOTWORX Studio | |
| Year Founded | |
| Healthy Inspirations | 2000 |
| HOTWORX Studio | 2016 |
| Year Franchised | |
| Healthy Inspirations | 2004 |
| HOTWORX Studio | 2017 |
| Term Of Agreement | |
| Healthy Inspirations | 10 years |
| HOTWORX Studio | |
| Renewal Fee | |
| Healthy Inspirations | $2.5K or 20% of franchise fee |
| HOTWORX Studio | |
Business Experience Requirements |
|
| Experience | |
| Healthy Inspirations | General business experience |
| HOTWORX Studio | |
Financing Options |
|
| Franchise Fees | |
| Healthy Inspirations | No |
| HOTWORX Studio | No |
| Start-up Costs | |
| Healthy Inspirations | |
| HOTWORX Studio | |
| Equipment | |
| Healthy Inspirations} | |
| HOTWORX Studio | |
| Inventory | |
| Healthy Inspirations | |
| HOTWORX Studio | |
| Receivables | |
| Healthy Inspirations | |
| HOTWORX Studio | |
| Payroll | |
| Healthy Inspirations | |
| HOTWORX Studio | |
Training & Support |
|
| Training | |
| Healthy Inspirations | |
| HOTWORX Studio | |
| Support | |
| Healthy Inspirations | Meetings, Toll-free phone line, Internet, Field operations/evaluations |
| HOTWORX Studio | |
| Marketing | |
| Healthy Inspirations | Ad slicks |
| HOTWORX Studio | |
| Operations | |
| Healthy Inspirations | International franchisees required to buy multiple units/master licenses; 5% of all franchisees own more than one unit Number of employees needed to run franchised unit: 4 - 4 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
| HOTWORX Studio | |
Expansion Plans |
|
| US Expansion | |
| Healthy Inspirations | Alaska, Alabama, Arkansas, Arizona, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Kansas, Louisiana, Massachusetts, Maine, Minnesota, Missouri, Mississippi, Montana, Nebraska, North Carolina, New Hampshire, New Jersey, New Mexico, Nevada, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, Tennessee, Texas, Utah, Virginia, Vermont, West Virginia, Wyoming, |
| 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 | |
| Healthy Inspirations | 0 |
| HOTWORX Studio | |
| International Expansion | |
| Healthy Inspirations | |
| HOTWORX Studio | |