Start-Up Costs and Fees |
||
| HOTWORX Studio | Team Spirit Fitness Centers | |
| Investment | 188070 - 351885 | 69000 - 69000 |
| Franchise Fee | ||
| Royalty Fee | $550/mo. | 6% |
| Advertising Fee | ||
| Year Founded | 2016 | 2002 |
| Year Franchised | 2017 | 2004 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| HOTWORX Studio | Team Spirit Fitness Centers | |
| Experience | ||
Financing Options |
||
| HOTWORX Studio | Team Spirit Fitness Centers | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| HOTWORX Studio | Team Spirit Fitness Centers | |
| Training | * Available at headquarters: 2 weeks * At franchisee's location: 5 days | |
| Support | ||
| Marketing | ||
| Operations | * Number of employees needed to run franchised unit: 3 - 3 * Absentee ownership of franchise is NOT allowed. | |
Expansion Plans |
||
| HOTWORX Studio | Team Spirit Fitness Centers | |
| 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 | |
| Team Spirit Fitness Centers | |
| Franchise Fee | |
| HOTWORX Studio | |
| Team Spirit Fitness Centers | |
| Royalty Fee | |
| HOTWORX Studio | $550/mo. |
| Team Spirit Fitness Centers | 6% |
| Advertising Fee | |
| HOTWORX Studio | |
| Team Spirit Fitness Centers | |
| Year Founded | |
| HOTWORX Studio | 2016 |
| Team Spirit Fitness Centers | 2002 |
| Year Franchised | |
| HOTWORX Studio | 2017 |
| Team Spirit Fitness Centers | 2004 |
| Term Of Agreement | |
| HOTWORX Studio | |
| Team Spirit Fitness Centers | 5 years |
| Renewal Fee | |
| HOTWORX Studio | |
| Team Spirit Fitness Centers | |
Business Experience Requirements |
|
| Experience | |
| HOTWORX Studio | |
| Team Spirit Fitness Centers | |
Financing Options |
|
| Franchise Fees | |
| HOTWORX Studio | |
| Team Spirit Fitness Centers | |
| Start-up Costs | |
| HOTWORX Studio | |
| Team Spirit Fitness Centers | |
| Equipment | |
| HOTWORX Studio} | |
| Team Spirit Fitness Centers | |
| Inventory | |
| HOTWORX Studio | |
| Team Spirit Fitness Centers | |
| Receivables | |
| HOTWORX Studio | |
| Team Spirit Fitness Centers | |
| Payroll | |
| HOTWORX Studio | |
| Team Spirit Fitness Centers | |
Training & Support |
|
| Training | |
| HOTWORX Studio | |
| Team Spirit Fitness Centers | * Available at headquarters: 2 weeks * At franchisee's location: 5 days |
| Support | |
| HOTWORX Studio | |
| Team Spirit Fitness Centers | |
| Marketing | |
| HOTWORX Studio | |
| Team Spirit Fitness Centers | |
| Operations | |
| HOTWORX Studio | |
| Team Spirit Fitness Centers | * Number of employees needed to run franchised unit: 3 - 3 * Absentee ownership of franchise is NOT allowed. |
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 |
| Team Spirit Fitness Centers | |
| Canada Expansion | |
| HOTWORX Studio | |
| Team Spirit Fitness Centers | |
| International Expansion | |
| HOTWORX Studio | |
| Team Spirit Fitness Centers | |