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Hotworx

Las Vegas, NV
listing image
Asking Price:$350,000
Inventory:$28,000
FF&E:$160,000
Gross Revenue:$150,000
Rent:$3,800/Month
Established Year:2023
Listing ID: 2302873Listing provided by BizBuySell
BUSINESS DESCRIPTION

HOTWORX is a fitness franchise that combines infrared heat with high-intensity interval training (HIIT) and isometric workouts. The concept involves using infrared heat to enhance the workout experience, promoting increased calorie burn, detoxification, and muscle recovery. HOTWORX studios typically feature virtual group classes that are conducted in heated saunas, offering a range of workout options, including yoga, Pilates, and various HIIT sessions.

Members can participate in these classes at their own convenience, as the sessions are often available on a 24/7 basis. The use of infrared heat is intended to provide additional benefits compared to traditional workouts, such as improved circulation and flexibility. Overall, HOTWORX aims to create an innovative and efficient workout environment for individuals looking to enhance their fitness routines.

DETAILED INFORMATION
Location
Las Vegas, NV
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
1,390
Lease Expiration
13/01/2033
Employees
1
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
At HOTWORX studios, the equipment used primarily supports the various workout formats offered in their infrared sauna environment. The equipment is designed to facilitate a variety of workouts while maximizing the benefits of exercising in an infrared-heated environment. Each session is typically led by virtual instructors through screens within the sauna, guiding participants through the workouts.
Competition
Business is in prime location 4 miles from Las Vegas Strip. Closest HotWorx to the Vegas strip
Growth & Expansion
Currently at 280 memebers and potential to grow more
Financing
N/A
Support & Training
HOTWORX provides a variety of support and training options for its members to enhance their fitness experience. Overall, HOTWORX aims to create a supportive environment that not only focuses on physical fitness but also encourages overall wellness and community engagement.
Reason for Selling
Moving out of state
Franchise
This business is an established franchise
BUSINESS LOCATION
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Cliff Orr
Phone Number
Cliff Orr
Call Phone