The Max Challenge vs HOTWORX Studio Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of The Max Challenge vs HOTWORX Studio including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
  The Max Challenge HOTWORX Studio
Investment 131868 - 280592 188070 - 351885
Franchise Fee
Royalty Fee 6% $550/mo.
Advertising Fee 2%
Year Founded 2011 2016
Year Franchised 2013 2017
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements
  The Max Challenge HOTWORX Studio
Experience

Financing Options
  The Max Challenge HOTWORX Studio
 
Franchise Fees
Start-up Costs
Equipment
Inventory
Receivables
Payroll

Training & Support
  The Max Challenge HOTWORX Studio
Training On-The-Job Training: 18 hours Classroom Training: 40 hours Additional Training: Ongoing virtual training
Support Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform
Marketing Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app
Operations Absentee Ownership Allowed Number of Employees Required to Run: 2

Expansion Plans
  The Max Challenge HOTWORX Studio
US Expansion Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming
Canada Expansion
International Expansion

Start-Up Costs and Fees Mobile
Investment
The Max Challenge
HOTWORX Studio
Franchise Fee
The Max Challenge
HOTWORX Studio
Royalty Fee
The Max Challenge 6%
HOTWORX Studio $550/mo.
Advertising Fee
The Max Challenge 2%
HOTWORX Studio
Year Founded
The Max Challenge 2011
HOTWORX Studio 2016
Year Franchised
The Max Challenge 2013
HOTWORX Studio 2017
Term Of Agreement
The Max Challenge
HOTWORX Studio
Renewal Fee
The Max Challenge
HOTWORX Studio


Business Experience Requirements
Experience
The Max Challenge
HOTWORX Studio

Financing Options
 
Franchise Fees
The Max Challenge
HOTWORX Studio
Start-up Costs
The Max Challenge
HOTWORX Studio
Equipment
The Max Challenge}
HOTWORX Studio
Inventory
The Max Challenge
HOTWORX Studio
Receivables
The Max Challenge
HOTWORX Studio
Payroll
The Max Challenge
HOTWORX Studio

Training & Support
Training
The Max Challenge On-The-Job Training: 18 hours Classroom Training: 40 hours Additional Training: Ongoing virtual training
HOTWORX Studio
Support
The Max Challenge Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform
HOTWORX Studio
Marketing
The Max Challenge Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app
HOTWORX Studio
Operations
The Max Challenge Absentee Ownership Allowed Number of Employees Required to Run: 2
HOTWORX Studio

Expansion Plans
US Expansion
The Max Challenge
HOTWORX Studio Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming
Canada Expansion
The Max Challenge
HOTWORX Studio
International Expansion
The Max Challenge
HOTWORX Studio