Is F45 Training or Hotworx cheaper to open?

F45 Training costs $362,300–$857,700 and Hotworx costs $288,890–$830,380 to open (FDD Item 7). Hotworx has the lower entry cost.

Which is safer, F45 Training or Hotworx?

SBA 7(a) charge-off rate is 6.2% for F45 Training and 1.9% for Hotworx. Lower is safer, so Hotworx has the stronger loan-repayment record.

Which is the better franchise, F45 Training or Hotworx?

FranchiseVerdict grades F45 Training D and Hotworx A, from FDD Items 5–7, 19–21 and SBA loan performance. See the full side-by-side above.

F45 Training vs Hotworx

Franchise Comparison 2026

Both F45 Training and Hotworx are recreation & entertainment franchises. F45 Training requires an investment of $362K – $858K while Hotworx requires $289K – $830K. F45 Training discloses average revenue of $481K; no Item 19 revenue figure is on file for Hotworx. On SBA loan performance, Hotworx has a lower charge-off rate (1.9%) compared to F45 Training (6.2%). FranchiseVerdict rates F45 Training D (Below average) and Hotworx A (Strongest tier).

Metric	F45 Training	Hotworx
Verdict Grade	DBelow averageBelow average	AStrongest tierStrongest tier
Investment Range	$362K – $858K	$289K – $830K
Franchise Fee	$60K	$20K
Royalty Rate	7.0%	$695.00 per month flat fee (increased from $550 in 2022 to $595 in 2023 to $695 in 2024)
Average Revenue (Item 19)	$481K	N/A
SBA Charge-Off Rate	6.2% (242 loans)	1.9% (444 loans)
Total Units	708	812
Unit Growth (YoY)	N/A	N/A
Year Began Franchising	2015	2017
FDD Year	2026	2026