MS- HOTWORX 24 HOUR INFRARED FITNESS STUDIO for Sale
Take over this established, profitable Fitness Studio.
HOTWORX Gulfport already has over 800 members and growing profits! HOTWORX 24 HOUR INFRARED FITNESS STUDIOS are trademarked one-of-a-kind studio that keeps members coming back.
HOTWORX has revolutionized the fitness industry by providing the ultimate 3D workout utilizing heat, infrared energy, and exercise inside their patented, infrared saunas. This franchise business model creates residual income and a unique opportunity for entrepreneurs to achieve their personal and professional goals by offering convenient and affordable access to 24 Hour Infrared Fitness.
Price: $850,000
Location: Harrison County, Mississippi
Industry:
Total Sales: $552,000
Cash Flow: $305,000
Furniture, Fixtures, Equipment (FFE): $100,000
Furniture, Fixtures, Equipment (FFE) Included: Yes
Inventory: $4,960
Inventory Included: Yes
Year Established: 2020
Employees: 3
Monthly Rent: $3,200
Square Footage: 1,800
Facilities Information: This HOTWORX fitness studio is 1800 sq ft located in a newly developed area with a chiropractor and medical doctor next door and a children's store and spa nearby.
Reason For Sale: The owner continues to grow and expand his HOTWORX endeavors.
Training & Support: HOTWORX University is an online learning environment for franchise owners, managers and staff members of HOTWORX Studio locations.Check out the Top 3 reasons an online training portal is crucial for a successful franchisor: Cost: The cost of onsite training adds up quickly when you consider time and travel expenses. Providing some training through an online portal immediately reduces travel costs and helps franchisees see a profit, faster.
Consistency: Online training allows franchise locations to receive the same level of training to ensure that all locations are operating the same and providing the same level of quality customer experience.
Convenience: 24/7 accessibility to online training makes it a no brainer! Employees can train and learn at their own best pace and reference back to training materials when needed.
Competition: There are no principle competitors as this franchise trademarked and one of a kind.
Potential Growth: This is still a fairly new business with a ton more potential for growth.