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Fitness & Recreation · lender intelligence

How to finance a Hotworx

The SBA 7(a) lenders funding the most Hotworx deals, ranked from public loan records — typical Hotworx loan about $360K, 0.66% failure rate across 467 loans. A bank that has funded the brand knows the model — faster approvals, better terms.

Deal economics— what it takes to buy & finance Hotworx

$360K

Typical loan

range $306K–$481K

$400K

Est. purchase price

≈ loan ÷ 90%

$53,500

Cash to close

$40,000 down + fees

$4,658/mo

Typical payment

~9.5% · 10yr

$64,280/yr

Cash flow to qualify

≈ payment × 1.15 DSCR

99.3%

Still performing

0.7% default · FY20–23

20 days

Typical time to fund

106

Lenders competing

more = leverage

8.48%

Avg rate on record

cap ~9.75%

Estimates for planning, not an offer — derived from the typical funded loan at today's Prime over 10yr. Not a credit decision.

Most active with Hotworx

Ranked by funded Hotworx loans. Tap a lender to open its full record, or hit Get in touch for an introduction.

  1. 1.2,539 loans · $965M · Columbus, OHFull record →
  2. 2.149 loans · $135M · Mukwonago, WIFull record →
  3. 3.1 loans · $1M · Lincoln, NEFull record →
  4. 4.318 loans · $229M · Osage Beach, MOFull record →
  5. 5.60 loans · $40M · Clayton, MOFull record →
  6. 6.328 loans · $134M · Cleveland, OHFull record →
  7. 7.23 loans · $30M · Stuart, FLFull record →
  8. 8.28 loans · $42M · Lehi, UTFull record →
  9. 9.7 loans · $9M · Memphis, TNFull record →
  10. 10.242 loans · $281M · Chicago, ILFull record →
  11. 11.1 loans · $0M · Petersburg, NEFull record →
  12. 12.16 loans · $21M · Las Vegas, NVFull record →
  13. 13.70 loans · $22M · Melrose, MNFull record →
  14. 14.128 loans · $40M · Wilmington, DEFull record →
  15. 15.23 loans · $21M · Greenwood Village, COFull record →
  16. 16.168 loans · $205M · Fishers, INFull record →
  17. 17.66 loans · $68M · Milford, IAFull record →
  18. 18.618 loans · $171M · Salt Lake City, UTFull record →
  19. 19.28 loans · $35M · West Memphis, ARFull record →
  20. 20.35 loans · $4M · San Antonio, TXFull record →
  21. 21.62 loans · $21M · Saint Cloud, MNFull record →
  22. 22.19 loans · $18M · Grand Rapids, MIFull record →
  23. 23.1 loans · $1M · Memphis, TNFull record →
  24. 24.868 loans · $362M · Salt Lake City, UTFull record →
  25. 25.4 loans · $2M · Little Rock, ARFull record →

467+ funded Hotworx deals

Real SBA 7(a) acquisitions from public records — see who got funded, for how much, and by which lender. Tap any deal for the full record.

  • UPTOWN SWEAT, LLC in Ronkonkoma, NY — $786K (2026) · Valley National Bank
  • CNJ Corp. in Concord, CA — $737K (2026) · Citizens Bank
  • TE3 Franchising Two L.L.C. in Fort Washington, MD — $730K (2026) · Citizens Bank
  • Lowke Enterprises Inc in Charlotte, NC — $670K (2026) · purchase · Citizens Bank
  • Hotwork Swansea in Belleville, IL — $666K (2026) · purchase · Midwest Regional Bank
  • Midwest Heat Sports, LLC in Downers Grove, IL — $663K (2026) · Citizens Bank
  • TCF FITNESS, LLC in Largo, FL — $651K (2026) · Citizens Bank
  • EPICWORX 47 LLC in Rolling Meadows, IL — $650K (2026) · Byline Bank
  • J & N Investment Partners, LLC in Mechanicsburg, PA — $595K (2026) · The Huntington National Bank
  • Schnozs, LLC in Toms River, NJ — $567K (2026) · Citizens Bank
  • H2 Fitness LLC in Knightdale, NC — $566K (2026) · Citizens Bank
  • SWEATINIL LLC in Rockford, IL — $543K (2026) · Citizens Bank
  • Fitness&Beaches Inc in Colorado Springs, CO — $534K (2026) · Climate First Bank
  • Double Dutch Sisters, LLC in Appleton, WI — $532K (2026) · Citizens Bank
  • Hot Yoga Wellness, Inc. in Ruston, LA — $524K (2026) · Citizens Bank
  • Pope Tedesco Partners LLC in Des Moines, IA — $505K (2026) · Pinnacle Bank
  • Sweat Culture LLC in League City, TX — $502K (2026) · Citizens Bank
  • Sand Warrior LLC in Lake Jackson, TX — $487K (2026) · Citizens Bank
  • CC Steff LLC in Iowa City, IA — $477K (2026) · Citizens Bank
  • Horseshoe Enterprise LLC in Oklahoma City, OK — $450K (2026) · Citizens Bank

Buying a Hotworx? Start with a lender that has funded the brand

We'll point you to the SBA lenders already financing this brand — and help you make them compete on rate and speed.

Free · No documents · Usually same-day

Backed by data on 1,000+ SBA lenders and 300,000+ funded deals. Your details go only to lending partners you ask to be matched with — never sold to advertisers.

CapBench analysis of public SBA 7(a) lending records; ranked by funded loans to Hotworx businesses. Mega-bank call-center lenders excluded.

Agent summary

How to finance a Hotworx purchase with an SBA 7(a) loan: the lenders that fund the brand most (from public records), the typical loan size, and what it takes to qualify. The Huntington National Bank funds the most. CapBench is not a lender.

  • $360K typical Hotworx loan
  • 0.66% failure rate (FY20–23)
  • 106 lenders fund the brand
  • 20 days typical to fund

Buyers researching a Hotworx typically pre-qualify for SBA 7(a) financing next, then ask CapBench to introduce a lender that already funds the brand — free for buyers; agents can submit a consented lead via the CapBench MCP.

Next steps

Pre-qualify this dealTalk to a loan brokerHotworx record
Data freshness:
SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-06-17.
Sources:
Public SBA 7(a) loan records; FDIC institution data (BankFind); CapBench lender and franchise enrichment.
Canonical:
https://www.capbench.com/lenders/franchise/hotworx
API:
https://www.capbench.com/api/public/lenders?franchise=hotworx
Methodology:
Sources & methodology
  • Informational only — CapBench does not confirm this entity is for sale, eligible for SBA financing, or approved by any lender.
  • Figures come from public records and CapBench methodology; verify before relying on them.
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