How much revenue does a HOTWORX franchise make?

According to the 2024 FDD, the average gross revenue for a HOTWORX franchise is $327,392.37. The median revenue is $317,934.96.

How much profit can you make with a HOTWORX franchise?

Based on the financial performance data in the FDD, estimated profit for a HOTWORX franchise ranges from $-102,147 to $518,786 per year. Actual results vary based on location, management, and market conditions.

How many HOTWORX franchise locations are there?

As of the 2024 FDD, HOTWORX has 578 franchise locations. The company has been franchising since 2017.

Can you get an SBA loan for a HOTWORX franchise?

Yes, SBA loans are available for HOTWORX franchises. Historical data shows 476 SBA 7(a) loans have been approved for HOTWORX franchisees, with an average loan amount of $349,777. The historical default rate is 0.2%.

Is HOTWORX a good franchise to buy?

HOTWORX shows several positive indicators: established brand with 578+ locations, transparent financial performance data (Item 19), low SBA loan default rate. However, franchise success depends on many factors including location, local market conditions, and owner involvement. We recommend speaking with existing franchisees and consulting with a franchise attorney before making a decision.

HOTWORX

HOTWORX franchises operate 24-hour boutique-style fitness studios offering hot exercise services, functional training areas, and retail fitness products under the HOTWORX brand. The business model emphasizes a small footprint of approximately 2000 square feet with automated 24/7 member access, enabling minimal overhead and labor costs. It targets the general public in the competitive health, wellness, and fitness market, competing with yoga studios, gyms, and similar outlets.

578

Locations

$259K–$878K

Investment

Since 2017

Franchising

Health & FitnessMarrero, LAwww.HOTWORX.netDisclaimer

Franchise Costs

Franchise Fee

$19,950

Item 5 of FDD

Initial Investment Range

$258,500 – $877,750

Low: $258,500High: $877,750

Item 7 of FDD

Royalty Rate

N/A

Brand Fund

N/A

Item 6 of FDD

Fixed Monthly Fees

$738 – $818

Item 6 of FDD

$595/mo royalty + $150/mo technology + $129/mo POS + $120-$200/mo virtual instructor (6-10 saunas) + $65/mo DIET TRAX + $125/mo SAIL CRM + $99/mo DYNAMIX + $35/mo SOCi + $15/mo Marq (total fixed excl. royalty: $738-$818/mo)

Financial Performance

Item 19 Financial Performance

Average Gross Revenue

Median Gross Revenue

EBITDA Margin

Top Quartile Revenue

Bottom Quartile Revenue

Average EBITDA

Data Based On: Data for 169 first full-year franchised outlets operational for the full 2023 fiscal year, with supplementary overall EBITDA range from 401 operational franchised studios.

* EBITDA margin calculated as average_ebitda / average_gross_revenue for first-year studios. Best guess profit range (low and high) is derived from the lowest and highest EBITDA reported across all 401 operational franchised studios.

Extracted Item 19 Section

How HOTWORX Compares

Key Insights

Top 10 largest franchise system in Fitness Studios

Franchise	Investment	Fee	Royalty	Locations
HOTWORX Current	$259K – $878K	$20K	N/A	578
Planet Fitness	$1.5M – $5.2M	$20K	7.0%	2,298
ANYTIME FITNESS	$459K – $908K	$43K	N/A	2,290
F45 Training	$349K – $786K	$60K	7.0%	751
Pure Barre	$314K – $629K	$60K	7.0%	617
Snap Fitness Club	$431K – $1.1M	$40K	N/A	484
Fitness Studios Average 55 franchises	$425K – $1.0M	$47K	6.9%	–

* Comparison based on latest FDD filings. Investment ranges from Item 7, fees from Item 5. Showing top 5 of 55 Fitness Studios franchises by location count.

Locations & Growth

Outlet Growth Over Time

Total outlets at end of each year

Geographic Distribution (2023)

Outlets by state across the United States

Top States

1TX

155

2FL

3TN

4GA

5CA

6LA

7NC

8CO

9MO

10OK

11UT

12NE

13AL

14MI

15AZ

+27 more states

SBA Loan History

Historical SBA 7(a) loan data for HOTWORX franchisees (2017 – 2025)

Total Loans

476

Average Loan

$349,777

Total Volume

$166.5M

Default Rate

0.2%

Loans by Year

SBA 7(a) loan activity over time

* Data sourced from SBA 7(a) FOIA loan records. Default rate calculated from charged-off loans.

Franchisee Contacts

1,301 franchisee contacts on file from official FDD filings.

Name	Address	Phone	Email	SBA Loan
John Smith ABC Franchise LLC	123 Main St Anytown, CA 90210	(555) 123-4567	john@example.com	$350,000 2023 · Active
John Smith ABC Franchise LLC	123 Main St Anytown, CA 90210	(555) 123-4567	john@example.com	$350,000 2023 · Active
John Smith ABC Franchise LLC	123 Main St Anytown, CA 90210	(555) 123-4567	john@example.com	$350,000 2023 · Active
John Smith ABC Franchise LLC	123 Main St Anytown, CA 90210	(555) 123-4567	john@example.com	$350,000 2023 · Active
John Smith ABC Franchise LLC	123 Main St Anytown, CA 90210	(555) 123-4567	john@example.com	$350,000 2023 · Active

1,301 Contacts Available

Unlock all HOTWORX franchisee contacts with verified contact information

Due Diligence

Litigation (Item 3)

Franchisee Cases1

Franchisees alleging unconscionability, illegality, fraud, misrepresentation, and violations of state franchise and consumer protection laws regarding franchise agreement terms, investment costs, leasehold improvements, and fees.