Question 1

How many The Hot Spot Studios franchise locations are there?

Accepted Answer

The Hot Spot Studios currently has 9 total units, including 6 franchised locations and 3 company-owned locations.

Question 2

Is the The Hot Spot Studios franchise system growing or shrinking?

Accepted Answer

The Hot Spot Studios has experienced positive net growth of +200.0% over the past year, with a 3-year compound annual growth rate (CAGR) of +44.2%.

Question 3

What is the franchise vs. company-owned ratio for The Hot Spot Studios?

Accepted Answer

The Hot Spot Studios has a franchise ratio of 67%, meaning 67% of all units are franchisee-owned.

Question 4

How many The Hot Spot Studios franchise units have opened and closed recently?

Accepted Answer

In the most recent reporting year (2024), The Hot Spot Studios had 6 units opened and 0 units closed.