Established HOTWORX Sauna Fitness Studio for Sale in Desirable Area

Asking Price$300,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue$231,000

Inventory$2,000
Included in asking price
FF&E$84,000
Included in asking price
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Established HOTWORX Sauna Fitness Studio for Sale in Desirable Area


Asking Price$300,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue$231,000

Inventory$2,000
Included in asking price
FF&E$84,000
Included in asking price
Business Description
Unique Fitness Concept Located in Highlands Ranch Town Center
Current Sales Price based on market sale. Current price to build out a studio is between $600k - $650k. This studio has an established member base with opportunity for growth.

HOTWORX is a unique fitness studio concept that combines infrared heat with isometric workouts. Here's a general overview of what HOTWORX offers:

Infrared Sauna Workouts: HOTWORX studios feature infrared saunas where members can engage in various workouts. The infrared heat helps to increase calorie burn, improve circulation, and promote detoxification.

Variety of Workouts: The workouts typically include a range of isometric exercises such as yoga, Pilates, and core training, as well as high-intensity interval training (HIIT) sessions. These are designed to be efficient, often lasting around 15 to 30 minutes.

24/7 Access: Many HOTWORX locations offer 24/7 access to members, allowing them to work out at their convenience.

Virtual Instructors: Workouts are often guided by virtual instructors, providing flexibility and consistency in training.

Benefits of Infrared Heat: The use of infrared heat is said to enhance the workout experience by helping with muscle recovery, reducing stress, and improving overall well-being.

Community and Support: HOTWORX often fosters a community atmosphere, encouraging members to support each other in their fitness journeys.
About the Business
Years in Operation
5
Employees
4
Franchise
This business is an established franchise
Facilities & Assets
This is a fitness studio that contains 6 infrared saunas, a weight training area, two restrooms (one with a shower).
Website
https://www.hotworx.net/studio/highlands-ranch-town-center
Market Outlook / Competition
HOTWORX is a unique fitness option for all ages and is an affordable monthly membership at just $59 per month where other fitness studios in the area (Orangetheory, Club Pilates and others) have a monthly membership starting at $150 per month.
Opportunities for Growth
Room to grow the number of members at this studio that pay a monthly membership.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
1,580
Rent
$6,150.00 per month
Lease Expiration
8/3/2027
About the Sale
Seller Motivation
Pursuing other opportunities.
Transition Support
The buyer would need to be approved by corporate and go through their mandatory training, current owners will be available for support and training.
Financing Options
None
Listing Info
ID
2226565
Listing Views
3928
Attached DocumentsAttachment Disclaimer

HOTWORX_One_Pager.pdf

Business Location

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Business Listed by: Taryn Weiss

Listing ID: 2226565 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.