FDD Year-over-Year Comparison
Hotworx FDD: What Changed from 2025 to 2026
The 2026 Hotworx FDD moves the Item 7 estimated initial investment range from $252,200–$901,440 to $288,890–$830,380, and the system grows from 719 to 812 outlets year-over-year. Both filings include an Item 19 financial performance representation.
Item 7 — Estimated Initial Investment
| 2025 FDD | 2026 FDD | Change |
|---|
| Low end of range | $252,200 | $288,890 | +$36,690 (+14.5%) |
| High end of range | $901,440 | $830,380 | −$71,060 (−7.9%) |
| Full range | $252,200–$901,440 | $288,890–$830,380 | |
The 2026 filing puts the Item 7 estimated initial investment at $288,890–$830,380, versus $252,200–$901,440 in the 2025 filing. The low end moves by +$36,690 (+14.5%) and the high end moves by −$71,060 (−7.9%).
Item 20 — System Size (Outlet Count)
| 2025 FDD | 2026 FDD | Change |
|---|
| Total outlets (Item 20) | 719 | 812 | +93 (+12.9%) |
Hotworx reports 812 outlets in the 2026 FDD, versus 719 in the 2025 filing (+93 (+12.9%)).
Item 19 — Financial Performance Representations
Hotworx included an Item 19 financial performance representation in both the 2025 and 2026 filings.
Frequently asked questions
Did the cost to open a Hotworx franchise change in the 2026 FDD?
The 2026 FDD for Hotworx states an Item 7 estimated initial investment of $288,890–$830,380, against $252,200–$901,440 in the 2025 filing. The low end moves from $252,200 to $288,890 (+$36,690 (+14.5%)) and the high end moves from $901,440 to $830,380 (−$71,060 (−7.9%)).
How many locations does Hotworx have?
The 2026 FDD for Hotworx reports 812 outlets in Item 20, against 719 in the 2025 filing — 93 more.
Does Hotworx disclose financial performance in its FDD?
Hotworx included an Item 19 financial performance representation in both the 2025 and 2026 filings.
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