21 Minute Convenience Fitness vs HOTWORX Studio Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of 21 Minute Convenience Fitness vs HOTWORX Studio including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
21 Minute Convenience Fitness Franchise
HOTWORX Studio Franchise
Investment $124,500 - $195,300$188,070 - $351,885
Franchise Fee $29,500$129,500
Royalty Fee 3%$550/mo.
Advertising Fee --
Year Founded 20032016
Year Franchised 20052017
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee 25% of fran. fee-


Business Experience Requirements
 
21 Minute Convenience Fitness Franchise
HOTWORX Studio Franchise
Experience --

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

Training & Support
 
21 Minute Convenience Fitness Franchise
HOTWORX Studio Franchise
Training Internet-
Support Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations-
Marketing Co-op advertising, Ad slicks-
Operations 1% of all franchisees own more than one unit

Number of employees needed to run franchised unit: 2 - 2

Absentee ownership of franchise is allowed.

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Expansion Plans
 
21 Minute Convenience Fitness Franchise
HOTWORX Studio Franchise
US Expansion -Yes
Canada Expansion No-
International Expansion Yes-

Company Overviews

About 21 Minute Convenience Fitness

We are passionate about helping others succeed and invite you to explore a revolutionary business opportunity in the rapidly expanding fitness world. If you desire the freedom and independence to own and operate your own business, combined with the satisfaction of helping others achieve their health and fitness goals, then join 21 Minute Convenience Fitness, The Leader in Convenience Fitness. In 2004, former Harvard University economist, Zane Paul Pilzer, stated that the fitness, weight loss and wellness market in the US would grow from $300 billion to over one trillion dollars by the end of the decade!

About HOTWORX Studio

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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!