Anytime Fitness vs HOTWORX Studio Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Anytime Fitness vs HOTWORX Studio including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Anytime Fitness Franchise
HOTWORX Studio Franchise
Investment $96,140 - $523,824$188,070 - $351,885
Franchise Fee $25,000 - $42,500$129,500
Royalty Fee $649-$699/mo.$550/mo.
Advertising Fee $600/ mo-
Year Founded 20012016
Year Franchised 20022017
Term Of Agreement 5 years-
Term Of Agreement 5 years-
Renewal Fee $1000-


Business Experience Requirements
 
Anytime Fitness Franchise
HOTWORX Studio Franchise
Experience
  • General business experience
    		• -

    Financing Options
     
    Anytime Fitness Franchise
    HOTWORX Studio Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/Yes-/-
    Start-up Costs No/Yes-/-
    Equipment No/Yes-/-
    Inventory No/Yes-/-
    Receivables No/Yes-/-
    Payroll No/Yes-/-

    Training & Support
     
    Anytime Fitness Franchise
    HOTWORX Studio Franchise
    Training With Anytime Fitness, the training never stops. Initially, we have a mandatory, one-week training course at our corporate office in Minnesota. Once the first week is completed, we provide daily or weekly assistance via the phone, onsite visits, email communications, and various publications. Assistance is available for as long as you need it. There is no additional cost for this valuable training and assistance.-
    Support Newsletter, Toll-free phone line, Grand opening, Security/safety procedures, Purchasing cooperatives-
    Marketing Co-op advertising, Ad slicks, National media, Regional advertising-
    Operations 10% of all franchisees own more than one unit

    Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators)

    		-

    Expansion Plans
     
    Anytime Fitness Franchise
    HOTWORX Studio Franchise
    US Expansion YesYes
    Canada Expansion Yes-
    International Expansion Yes-

    Company Overviews

    About Anytime Fitness

    As an Anytime Fitness proprietor, we can help you open the key to conceivable achievement in the wellness business and furnish you with scripts, promotions, advertising pieces, deals and operations manuals we have created and utilized, which ought to give you the preferred standpoint you should be successful in your business attempts. Amid the underlying, compulsory preparing to all franchisees, we will cover:

    Executing a 9-stage deals procedure to offer more enrollments .

    Step by step instructions to make more activity through corporate deals, senior projects, referrals and the sky is the limit from there.

    At the first of consistently you may get our "Month to month Success Pack" which may contain new deals tips, advertising pieces, client benefit thoughts, part maintenance programs and progressing training parcels.

    Duplicates of daily paper advertisements, regular postal mail pieces, radio promotions, telemarketing scripts, tributes, referral passes and a showcasing plan to take after.

    1-800-704-5004 whenever for continuous preparing or day by day addresses.

    Yearly club camps, nearby visits and a talk space for other Anytime Fitness proprietors to share thoughts and musings on the wellness business. Give us a chance to help you bring your thoughts alongside criticism from other Anytime Fitness proprietors and put them under a magnifying glass.

    Pre-deal help.

    The most effective method to deal with your time and handle the everyday operations.

    The most effective method to ace approaching and active deals calls.

    The total investment necessary to begin operation of an Anytime Fitness center in 2019 was between $78,012 and $521,437. This included $13,000 to $80,000 that must be paid to the franchisor or affiliate. The total investment necessary to begin operation of an Anytime Fitness Express center in 2019 was between $58,870 and $393,829. This included $7,900 to $49,000 that must be paid to the franchisor or affiliate.

    "Top  ""     "Entrepreneur
    #51 in Canada's Top franchises.
    #22 in Franchise 500 for 2020.
    #30 in Franchise 500 for 2021.
    Veteran Incentives   20% off franchise fee







    About HOTWORX Studio

    ""
    HOTWORX is a virtually instructed exercise program created for users to experience the many benefits of infrared heat absorption, while completing a 30-minute isometric workout or 15-min High Intensity Interval Training (HIIT) session.
    We created this infrared sauna workout program for people who want to flush toxins from their bodies, increase flexibility, balance, tone, and burn massive amounts of calories in the process. So whether you want to polish off your gym workout, or you’re strictly a spa-goer who wants to enhance your regime, this innovation could be a major component of your wellness program in the future. The results will blow you away!