Franopolis
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    Franchise opportunities compared

    FYZICAL vs HOTWORX

    Reviewed figures from each brand's Franchise Disclosure Document (FDD), side by side. Each figure carries its FDD year and page. This is not a ranking or recommendation, and the two FDDs may cover different years and location groups.

    FYZICAL2025 FDDHOTWORX2026 FDD

    Initial investment · Item 7

    FYZICAL

    $306,050 – $1,019,500

    2025 FDD · Item 7 · PDF p. 16

    HOTWORX

    $288,890 – $1,083,310

    2026 FDD · Item 7

    Initial franchise fee · Item 5

    FYZICAL

    Not available

    HOTWORX

    $19,950

    2026 FDD · Item 5 · PDF p. 13

    Royalty · Item 6

    FYZICAL

    Not available

    HOTWORX

    $695 per month per studio location

    2026 FDD · Item 6 · PDF p. 15

    Before you compare

    • FYZICAL figures come from its 2025 FDD and HOTWORX figures from its 2026 FDD, so the years differ.
    • HOTWORX discloses more than one business format, so the investment range spans formats; the full report breaks them out.
    • Only HOTWORX has reviewed Item 19 figures here.

    Financial commitment

    Estimated initial investment (Item 7)

    FYZICAL

    $306,050 – $1,019,500
    Total estimated investment — $306,050–$1,019,500
    2025 FDD · Item 7 · PDF p. 16

    HOTWORX

    $288,890 – $1,083,310
    2026 FDD · Item 7
    Standard initial franchise fee (Item 5)

    FYZICAL

    Not available
    No single standard fee identified

    HOTWORX

    $19,950
    2026 FDD · Item 5 · PDF p. 13
    Royalty (Item 6)

    FYZICAL

    Not available
    No reviewed royalty record

    HOTWORX

    $695 per month per studio location
    Monthly Royalty Fee
    2026 FDD · Item 6 · PDF p. 15
    Brand / advertising fund (Item 6)

    FYZICAL

    Not available
    No reviewed brand or advertising fund fee

    HOTWORX

    $500
    Advertising Daily Deal Site Noncompliance Fee — per day
    2026 FDD · Item 6 · PDF p. 21

    System scale & health

    Total outlets (Item 20)

    FYZICAL

    132
    Outlets at end of 2025
    2025 FDD · Item 20 · PDF p. 36

    HOTWORX

    812
    Outlets at end of 2025
    2026 FDD · Item 20 · PDF p. 90
    Net outlet change (Item 20)

    FYZICAL

    +28
    Calculated: 104 at end of 2023 → 132 at end of 2025

    HOTWORX

    +230
    Calculated: 582 at end of 2023 → 812 at end of 2025
    Outlet exits (Item 20)

    FYZICAL

    Not available
    No complete exit records for a year

    HOTWORX

    Not available
    No complete exit records for a year
    Franchising since (Item 1)

    FYZICAL

    Not available
    Not in reviewed records

    HOTWORX

    January 2017
    2026 FDD · Item 1 · PDF p. 7
    Franchisor founded (Item 1)

    FYZICAL

    Not available
    Not in reviewed records

    HOTWORX

    2016
    2026 FDD · Item 1 · PDF p. 7

    Financial performance (Item 19), by location group

    FYZICAL

    Not disclosed — no Item 19 financial performance representation

    HOTWORX
    Franchised (797 locations) — other measures
    797 outlets
    other Open franchise outlets
    2026 FDD · Item 19 · PDF p. 77
    Franchised (700 locations) — memberships
    490 memberships
    mean Fully operational studio memberships
    2026 FDD · Item 19 · PDF p. 82
    Franchised (149 locations) — other measures
    5.53 – 7.44 percent
    range First-year monthly cancellation rate
    2026 FDD · Item 19 · PDF p. 78
    +8 more groups in the full report

    Item 19 groups are shown separately and never combined. Revenue or sales figures are not profit. Net outlet change and turnover are Franopolis calculations from the disclosed counts; turnover is a count-based rate, not a measure of owner earnings.

    FYZICAL vs HOTWORX: common questions

    Which costs less to open, FYZICAL or HOTWORX?
    FYZICAL: $306,050 – $1,019,500 (2025 FDD · Item 7 · PDF p. 16); HOTWORX: $288,890 – $1,083,310 (2026 FDD · Item 7). These are each franchisor's Item 7 estimated initial investment. The low end of the disclosed estimate is lower for HOTWORX. At least one range spans several business formats. Estimates are not quotes, and the FDD years may differ.
    Which has more locations, FYZICAL or HOTWORX?
    FYZICAL: 132 (2025 FDD · Item 20 · PDF p. 36); HOTWORX: 812 (2026 FDD · Item 20 · PDF p. 90). Total outlets from Item 20. Outlet counts do not indicate territory availability or franchisee results.
    Do FYZICAL and HOTWORX disclose financial performance (Item 19)?
    FYZICAL makes no Item 19 financial performance representation; HOTWORX has reviewed Item 19 figures for 11 location groups. Different location groups are not directly comparable, and revenue is not profit.

    Answers restate the reviewed figures above. Not a ranking or recommendation.

    How Franopolis reviews FDD figures

    Keep researching

    Full FYZICAL report

    Every reviewed fee, Item 19 group, outlet table and territory disclosure

    Full HOTWORX report

    Every reviewed fee, Item 19 group, outlet table and territory disclosure

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    Plain-language meaning of each Item