Question 1

How many HOTWORX franchise locations are there?

Accepted Answer

HOTWORX currently has 719 total units, including 712 franchised locations and 7 company-owned locations.

Question 2

Is the HOTWORX franchise system growing or shrinking?

Accepted Answer

HOTWORX has experienced positive net growth of +23.5% over the past year, with a 3-year compound annual growth rate (CAGR) of +20.7%.

Question 3

What is the franchise vs. company-owned ratio for HOTWORX?

Accepted Answer

HOTWORX has a franchise ratio of 99%, meaning 99% of all units are franchisee-owned. This is a heavily franchised system.

Question 4

How many HOTWORX franchise units have opened and closed recently?

Accepted Answer

In the most recent reporting year (2024), HOTWORX had 141 units opened and 5 units closed.