HOTWORX Franchising Australia
ABN :
48225960977
Looking for a fun and innovative way to break into the fitness industry? Look no further than HOTWORX Franchising Australia! This 24-hour infrared fitness studio franchise offers a unique business model that allows franchisees to maximise revenue potential while helping members achieve their health and fitness goals.
The HOTWORX franchise model includes multiple revenue streams, ongoing training and support, and a membership-driven business model. And with a certified virtual instructor guiding users through each 15-minute High-Intensity Interval Training (HIIT) session and 30-minute Isometric workout, franchisees can depend on a consistent workout experience that members love.
But that's not all! HOTWORX also offers a Functional Exercise or FX Zone, an area for productive use of time before, after, or in between infrared workout sessions. With a 10-sauna studio offering a total of 576 appointments every day, HOTWORX members will never miss a workout session. And with a 24-hour business model, HOTWORX studio franchisees can service up to 1,728 members every day of the year!
But don't just take our word for it. Listen to what our franchisees are saying: Franchising has a foundation for success already mapped out and the resources in place for early growth and profitability. With a unique business model that caught my attention, it just made sense! says franchisee Kristina & Giancarlo Ferruzzi. And franchisees Ali & Isaiah LaBorde add, The HOTWORX Executive Team is amazing and like one big happy family. You can tell there is a lot of passion in the business, as well as dedicated teamwork. We knew immediately the amount of support we would have on this journey.
So, are you the next HOTWORX franchisee? With financial qualifications required for consideration including $75k-$100k in Cash/Liquidity, a 690+ Credit Score, and Minimum Net Worth of $400k, HOTWORX is looking for motivated entrepreneurs who want to achieve their personal and professional goals. Submit your contact information today and find out more about this exciting franchise opportunity!
Industry Division
OTHER SERVICES
Industry Sub-Division
Personal and Other Services
Address of the franchisor’s registered office
304/50-56 High Street Preston VIC 3072
Address of the Principal business office
2/11 Wilson Street South Yarra VIC 3141
Where the franchise currently operates
VIC
Where the franchise is planning to expand
Not provided
Last month of franchisor’s financial year
Not Provided
Year in which the last financial year ends
Not Provided
Years In Operation(Years)
4
Supplier Restriction
Yes
Franchisor Can Change Agreement
Yes
What is the standard term of franchise agreements
5 or more years
Are franchisees entitled to compensation for goodwill in the business
No
Are franchisees subject to a restraint of trade (or similar) clause
Yes
Franchising Agreement URL
Not provided
Option For Renewal
Yes - Subject to new agreement AND conditions
Public Email
Public Phone Number
03 7038 0587
Website URL
https://www.hotworx.net/franchising
Youtube Link
Not Provided
Key Facts Sheet Url
Not provided
Minimum Investment
$350000
Maximum Investment
$600000
Minimum Ongoing Payments
$129000
Maximum Ongoing Payments
$270000
Minimum Other Payments
$5000
Maximum Other Payments
$25000
Total Owner Franchisors
2
Total Co-orporate Franchises
1
Disclosure Url :
Not provided
What are 3 reasons someone should invest in a HOTWORX Franchising Australia franchise?
Looking for a fun and innovative way to break into the fitness industry? Look no further than HOTWORX Franchising Australia! Here are three reasons why:
1. Multiple revenue streams: HOTWORX offers both 15-minute High-Intensity Interval Training (HIIT) sessions and 30-minute Isometric workouts in their 24-hour infrared fitness studios, as well as a Functional Exercise or FX Zone. With a membership-driven business model, franchisees can depend on a consistent revenue stream.
2. Ongoing training and support: With a unique business model and state of the art equipment and software, HOTWORX franchisees receive ongoing training and support to ensure their success. Plus, with a passionate Executive Team, franchisees can count on a dedicated and supportive community.
3. Maximise revenue potential: With a 10-sauna studio offering a total of 576 appointments every day and a 24-hour business model, HOTWORX franchisees can service up to 1,728 members every day of the year, maximising their revenue potential. Plus, with a unique and exciting workout experience that members love, franchisees can attract and retain a loyal customer base.
So, are you ready to achieve your personal and professional goals with HOTWORX Franchising Australia? With financial qualifications required for consideration including $75k-$100k in Cash/Liquidity, a 690+ Credit Score, and Minimum Net Worth of $400k, submit your contact information today and find out more about this exciting franchise opportunity!
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