The Hot Spot

    Franchise research report · reviewed 2026 disclosure data

    Reviewed sources

    The Hot Spot franchise operates fitness studios specializing in hot yoga, Pilates, and heated workout classes that attract health-conscious consumers seeking in

    Headline figures

    The Hot Spot quick facts

    Is The Hot Spot a franchise?
    Yes. The Hot Spot offers franchises through a Franchise Disclosure Document. At the end of 2025, it reported 23 franchised and 3 company-owned outlets (2026 FDD, Item 20, PDF p. 37).
    How much does it cost to open a The Hot Spot franchise?
    The The Hot Spot Franchise Disclosure Document reports an estimated initial investment of $82,600–$156,200 (2026 FDD, Item 7, PDF p. 14). This is the franchisor's disclosed estimate, not a quote. Details
    What is the The Hot Spot initial franchise fee?
    The disclosed initial franchise fee for a standard single unit is $39,500 (2026 FDD, Item 5, PDF p. 8). Other fee options (for example multi-unit or conversion) are listed separately in the report. Details
    What ongoing fees does The Hot Spot charge?
    The disclosed ongoing royalty is $100 (2026 FDD, Item 6, PDF p. 8). The brand or advertising fund contribution is 2% (2026 FDD, Item 6, PDF p. 9). Other recurring fees are listed in Item 6. Details
    Does The Hot Spot disclose financial performance (Item 19)?
    Yes. The The Hot Spot FDD includes an Item 19 financial performance representation (2026 FDD, Item 19, PDF p. 34). Figures apply only to the locations and period each one covers. Details
    How many The Hot Spot locations are there?
    The FDD reports 26 outlets at the end of 2025 (2026 FDD, Item 20, PDF p. 37). Existing locations do not indicate territory availability. Details
    Is The Hot Spot a good franchise to buy?
    Franopolis does not rate or recommend franchises. From the reviewed FDD: Item 19 includes financial performance figures; check which locations and period they cover; Item 20 lists outlet openings, closures and transfers; Item 6 includes a brand or advertising fund contribution on top of royalty; Item 20 also lists current and former franchisees you can contact. Review the full FDD with a franchise attorney and accountant before deciding.

    From reviewed FDD figures only. Not a recommendation or projection.

    What the disclosures show

    1. 1Opening costs are estimated at $82,600 – $156,200 in the 2026 FDD (Item 7); several initial fee options apply.
    2. 2Item 19 covers 3 separate groups: other measures for 1 affiliate-owned locations; other measures for 1 affiliate-owned locations; other measures for 1 affiliate-owned locations. They are not combined.
    3. 3Outlets grew by 17 in 2025, to 26 (United States, as labeled in the FDD, Item 20).

    From reviewed FDD figures only. Not a recommendation or projection.

    The Hot Spot head-to-head

    Closest peers in the same subcategory, side by side from reviewed FDD figures. Not a ranking or recommendation.

    Costs · Items 5–7

    What does it cost to open?

    Estimated opening costs and the fees payable to the franchisor.

    Startup Investment — Item 7

    Total estimated initial investment

    2026 FDD · Item 7 · PDF p. 14

    Standard single-unit franchise fee

    2026 FDD · Item 5 · PDF p. 8
    Discounted and multi-unit options are separate; see all fees.

    Ongoing Fees — Item 6

    Selected recurring charges; payment bases and conditions remain attached to each fee.

    Continuing royalty monthly minimum in second operating yearMain ongoing fee

    28 reported fees, each with its payment basis, are listed below; they haven't been sorted into recurring, initial and occasional groups yet.

    Financial Performance — Item 19

    What results are disclosed—and for which locations?

    3 separate populations, shown apart. Revenue is not owner income.

    1 locations

    Other measures · 1 locations

    Who is counted
    TahoeCalifornia opened2010
    Period
    Ordinary Income/Expense Income Income
    Excluded
    Affiliates exemptfrom$500minimumlocaladvertising andterritorialadvertising.
    Method
    Unaudited income lesssales tax/gratuities. Actualroyalty/brandfundincluded. Sourcesconflict:Tahoeowner-operated/no payroll stated but tableincludespayroll; Libertytable/SanDiegonarrative retained.

    These groups are never combined.

    Outlet Changes — Item 20

    How has the outlet count changed?

    United States, as labeled in the FDD · counts as of 2025 of each year.

    2026 FDD · Item 20 · PDF p. 37

    Net +23 outlets, 2023–2025

    03202392024262025+6+17

    Year-end counts reported in Item 20. The scale starts at zero; the labels between the dots show each year's change. Openings and closures for 2025 haven't been pulled from the Item 20 tables yet, so no turnover or churn is shown.

    Questions to investigate

    Prompts based on what this brand's reviewed disclosures do and don't show — not conclusions. Join free as a member to save questions to your research.

    For the franchisor

    • Which line items in the 2026 Item 7 estimate ($82,600 – $156,200) vary most by market, and why?

    • Which initial fee option would apply to my situation, and what conditions or discounts affect it?

    • Which locations are included in the Item 19 figures, and which were excluded?

    • Reported units went from 9 to 26 in 2025. How many new units opened, closed or changed hands?

    • Is a territory available in my area, and how is it defined in my agreement?

    For current and former owners

    • How did your actual startup costs and timeline compare with the Item 7 estimate?

    • How many hours a week do you work in the business, and in what role?

    • How do your results compare with the Item 19 figures, and what explains the difference?

    • What support from the franchisor has been most and least useful?

    For your advisors

    • Ask a franchise attorney to review the territory, renewal, transfer and termination terms.

    • Ask an accountant to build a cash-flow plan using your own assumptions, not the franchisor's.

    Sources & vintage history

    Every displayed fact is retained with its disclosure vintage, item, page, and reviewed status. Prior vintages remain on file rather than being overwritten.

    Citations (2026 FDD)

    1. [1]Estimated initial investment — Item 7 · PDF p. 14
    2. [2]Standard initial franchise fee — Item 5 · PDF p. 8
    3. [3]Item 19 — Locations counted not stated in the reviewed record — TahoeCalifornia opened2010 · PDF p. 34
    4. [4]Item 19 — Locations counted not stated in the reviewed record — LibertyCalifornia opened2012 · PDF p. 35
    5. [5]Item 19 — Locations counted not stated in the reviewed record — SparksNevada opened2019 · PDF p. 36
    6. [6]Outlet counts — Item 20, Table 1 · PDF p. 37

    "PDF p." is the page in the PDF file; "printed p." is the number printed on the FDD page. Source document: FDD

    Territory & operations

    These are contract disclosures, not confirmation that any territory is currently available.

    Franchisor financial statements

    Fiscal yearMeasureReported value
    2025assets current assets cash and cash equivalents$92,201
    2025accounts receivable$110,514
    2025deferred commissions, current$23,300
    2025total non-current assets$50,360
    2025total assets$276,375
    2025unearned revenue, current$229,500
    2025non-current liabilities note payable to member$108,399
    2025unearned revenue, non-current$502,600
    2025total non-current liabilities$610,999
    2025total liabilities$894,428
    2025operating revenue initial franchise fees$587,485
    2025royalty fees$111,413

    These figures describe the franchisor company, not individual franchise locations.

    SBA-backed loans to franchisees

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    Source: U.S. Small Business Administration 7(a) & 504 FOIA data. Loan volume is not a measure of franchisee success.

    At a glance

    Business history

    Not reviewed

    Owner participation

    Not reviewed

    Territory language

    Litigation disclosure

    Not reviewed

    Bankruptcy disclosure

    Not reviewed

    Agreement term

    Not reviewed

    Reader notes on wording

    Our automated check found that these summaries may not match the FDD's exact wording. Read the FDD excerpt itself; it is the authoritative text. Core cost, fee, Item 19 and outlet figures are not affected.

    • Item 19 · PDF p. 34 · 2026 FDD

      Our summary: TahoeCalifornia opened2010 — Rent Expense

      “Rent Expense $9,106.32”

      Note: P.34 lists Tahoe, CA (opened 2010), Rent Expense $9,106.32 for Jan–Dec 2025; p.33 says these representations are included as of Dec. 31, 2024. The reporting period conflicts, so context is unsettled.

    • Item 20 · PDF p. 37 · 2026 FDD

      Our summary: Table1 Company – Owned* 2024 Start

      “2024 3 3 0”

      Note: This is the Company-Owned outlet-type row in Item 20, not the required national/systemwide Total Outlets row.

    Independent analysis of franchisor-provided data. Not investment advice. Franopolis does not distribute FDDs.

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