Question 1

How much does it cost to open a The Hot Spot Studios franchise?

Accepted Answer

The total initial investment for a The Hot Spot Studios franchise ranges from $80K to $155K, according to the latest Franchise Disclosure Document (FDD).

Question 2

What is the The Hot Spot Studios franchise fee?

Accepted Answer

The initial franchise fee for The Hot Spot Studios is $40K.

Question 3

What are the net worth requirements for a The Hot Spot Studios franchise?

Accepted Answer

Net worth requirements for The Hot Spot Studios are specified in the Franchise Disclosure Document.

Question 4

Does The Hot Spot Studios require a personal guarantee?

Accepted Answer

Yes, The Hot Spot Studios requires a personal guarantee from franchisees. A spousal guarantee is also required.

Question 5

What equipment and inventory costs are involved with a The Hot Spot Studios franchise?

Accepted Answer

Equipment costs for a The Hot Spot Studios franchise range from $8K to $18K. Initial inventory costs range from $6K to $12K.