The Hot Spot
Do-it-yourself arts and crafts studio offering pottery painting, candle making, canvas painting, mosaics, succulent gardens, body scrubs, slime, classes, camps, and parties for children and adults from a single studio location.
Your franchise match score
Children & Youth Enrichment
Brand highlights
- CEOOlivia Parsons Franks
- Headquarters1180 Scheels Drive, Sparks, NV, 89434
- Year founded2023
- Year started franchising2023
- IndustryChildren & Youth Enrichment
- Locations open4 (+1 last three years)
Statistics & metrics
- Investment range$74,900 - $158,100
- Franchise fee$37,500
- Royalty5% of biweekly Gross Revenue, or a monthly minimum of $300 during the second year of operations, $500 during the third year of operations, $750 during the fourth year of operations and thereafter, whichever is greater
- Brand fund1% of Gross Revenue, subject to increase to no more than 2% of Gross Revenue.
- Required Liquid CapitalN/A
- Required Net WorthN/A
Learn more about the Children & Youth Enrichment industry:
Focusing on education, enrichment, and entertainment for kids, this industry is driven by parents investing in their children’s development. Opportunities range from tutoring centers to play gyms and party venues.
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FDD insights
The information shown below is derived from publicly available franchise disclosure documents (FDDs), including the version issued as of the issuance date listed below, and other third-party sources. This information may not reflect the most current FDD. It is provided for general informational purposes only and is not part of any franchise offering or sales process. Franchise Sidekick is not providing or furnishing an FDD in accordance with FTC requirements. You should obtain and review the most current official FDD directly from the franchisor before making any investment decision.
FDD Version Referenced - Issuance Date: 2024-04-18
| Category | Detail | View |
|---|---|---|
| The Franchisor & Executives | Learn about The Hot Spot, its parent company, and the executive leadership team responsible for operating and supporting the franchise system. | |
| Business Experience | Review the professional backgrounds and relevant business experience of The Hot Spot's executives, directors, and key management personnel. | |
| Litigation | Understand any past or pending legal actions involving The Hot Spot, its affiliates, or key personnel that may be relevant to prospective franchisees. | |
| Estimated Initial Investment | Review the estimated total initial investment required to open a The Hot Spot franchise, including startup costs and working capital estimates. | |
| Financial Performance Representations | Review any financial performance information The Hot Spot provides, including revenue or earnings data, if disclosed. |
Location data
| Total locations | 4 |
| Franchise locations | 0 |
| Corporate locations | 4 |
System growth over time
FAQs
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