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Updated RecentlyTiger-Rock Martial Arts vs HOTWORX Studio Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Tiger-Rock Martial Arts vs HOTWORX Studio including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $133,600 - $270,700 | $188,070 - $351,885 |
| Franchise Fee | $25,000 | $129,500 |
| Royalty Fee | $3.50/student/mo. | $550/mo. |
| Advertising Fee | - | - |
| Year Founded | 1983 | 2016 |
| Year Franchised | 2008 | 2017 |
| Term Of Agreement | - | - |
| Term Of Agreement | - | - |
| Renewal Fee | - | - |
Business Experience Requirements |
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| Experience | - | - |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | -/- | -/- |
| Start-up Costs | -/- | -/- |
| Equipment | -/- | -/- |
| Inventory | -/- | -/- |
| Receivables | -/- | -/- |
| Payroll | -/- | -/- |
Training & Support |
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| Training | - | - |
| Support | - | - |
| Marketing | - | - |
| Operations | - | - |
Expansion Plans |
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| US Expansion | Yes | Yes |
| Canada Expansion | - | - |
| International Expansion | - | - |
Company Overviews
About Tiger-Rock Martial Arts
!["Tiger-Rock]("https://fddexchange.com/wp-content/uploads/2019/02/Tiger-Rock-Martial-Arts-300x109.png")
In 1983, a group of martial-arts-school owners came together and formed
the International Taekwondo Alliance to provide curriculum and
operational support to others interested in opening schools in their own
communities.
The International Taekwondo Alliance was converted into a franchise
program in 2008, under the new name Tiger-Rock Martial Arts. Franchises
offer martial arts and fitness programs for children and adults.
The total investment necessary to begin operation of a Franchised
Location is from $133,600 to $270,700. This includes $8,000 to $27,500
that must be paid to the franchisor or their affiliates.
The total
investment necessary to enter into a Development Agreement is $23,500 to
$48,000, for the right to develop 3 to 6 Franchised Locations. This
includes $7,500 for each Franchised Location you agree to establish
under the Development Agreement. For example, $22,500 to $45,000 must be
paid to the franchisor or affiliate for the right to develop 3 to 6
Franchised Locations.
About HOTWORX Studio
![""]("https://fddexchange.com/wp-content/uploads/2019/09/HOTWORX-300x101.png")
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!