Averan HOTWORX Opening Package Offer
Averan Advisors gets the books and financial systems for a new HOTWORX location ready before opening day, so your first month closes on time. The setup follows HOTWORX’s 2026 FDD and your franchise agreement.
The HOTWORX opening package
HOTWORX’s 2026 FDD puts the cost to open one location at $288,890 to $830,380, so getting the finances right from the start matters.
Averan helps HOTWORX franchisees get their books and financial systems ready before opening, with a dedicated fitness specialist.
- QuickBooks set up for HOTWORX’s reporting requirements.
- Build-out spending tracked against HOTWORX’s Item 7.
- Loan draw packages prepared for your lender.
- Point of sale, payroll and other systems connected and tested before opening.
Do you have 30 minutes this week? Book a 30-minute call.
Already open with another bookkeeper? See the HOTWORX conversion package.
What the HOTWORX opening package includes
QuickBooks file
We build a QuickBooks file for your HOTWORX location and connect every bank account and card to it.
Reporting format
We set up the chart of accounts so the books produce the monthly report HOTWORX asks its owners for.
Analytics package
Each month we compare your results with the figures in HOTWORX’s 2026 FDD.
Budget tracker
We turn HOTWORX’s Item 7 estimate into your opening budget and record every opening cost against its line.
Loan draw packages
We prepare a file for each loan draw your lender asks for, including SBA loan draws.
Systems connected
We connect the point-of-sale system HOTWORX requires, its membership and class booking system and your payroll to the books.
Tested before opening
Before your HOTWORX location opens, we run one test day of sales and one test payroll through the books.
Handoff to monthly
Your HOTWORX royalty, brand fund and report due dates go on one calendar for the monthly close.
Timeline
- 1Kickoff5 business days
We hold a kickoff call and send the list of documents we need.
- 2Setup10 business days
We build the QuickBooks file and connect your accounts.
- 3Build-outEach month
We tag every payment to a line of HOTWORX’s Item 7 and prepare each loan draw.
- 4Systems45 days before opening
We test the point of sale, the other systems and payroll.
- 5Opening dayYour opening date
We match each day of sales to the deposits that follow it.
HOTWORX figures from the FDD
HOTWORX franchisees averaged $379,298 of sales in 2025, according to Item 19 of HOTWORX’s 2026 FDD, issued 1 April 2026. The 700 in that group are 88%* of HOTWORX’s 797 locations. A HOTWORX franchise costs $288,890 to $830,380 to open, including a $19,950 initial franchise fee.
95 HOTWORX locations opened in the last year that Item 20 of HOTWORX’s 2026 FDD reports.
At the end of the last year that Item 20 reports, HOTWORX had 220 franchise agreements signed for locations not yet open.
Send us to start
- Your signed HOTWORX franchise agreement.
- HOTWORX’s current FDD.
- The HOTWORX monthly report format and the software it uses.
- Your entity documents and EIN letter.
- Your lease, contractor bid and loan agreements.
Access we need
- Your payroll processor.
- The point-of-sale system HOTWORX requires.
- The membership and class booking system.
- The HOTWORX reporting portal.
- Your invoice and expense software.
- View access to your bank accounts and credit cards, with no power to move money.
- How you want inventory tracked.
Questions from HOTWORX owners
Does Averan Advisors work with HOTWORX owners?
Averan Advisors sets up and keeps the books for HOTWORX owners, and the Averan franchise library has a breakdown of HOTWORX’s 2026 FDD with its fees, cost to open and Item 19 figures.
How does the HOTWORX royalty show up in the books?
The HOTWORX royalty is $695 a month; studios on older agreements pay $550 or $595, according to HOTWORX’s 2026 FDD. We record it on its own line, so each month’s charge can be checked against your agreement.
What does it cost to open a HOTWORX franchise?
HOTWORX’s 2026 FDD estimates in Item 7 that opening one HOTWORX location costs $288,890 to $830,380. We turn those Item 7 lines into your opening budget and track each payment against them.
What happens after my HOTWORX location opens?
Your HOTWORX books move to the Monthly Close, which closes each month and sends a profit and loss, a balance sheet and the royalty reconciliation. The QuickBooks file stays yours.
* Averan Advisors calculation from the figures in HOTWORX’s 2026 FDD.
Where to next
Talk to us about your HOTWORX opening
Send the short form for the HOTWORX opening package, or book a 30-minute call about your HOTWORX location and your opening date.
Get the offer → Book a 30-minute call