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Updated RecentlyBeverly Hills Weight Loss and Wellness vs Springwell Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Beverly Hills Weight Loss and Wellness vs Springwell including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $64,000 - $96,000 | $376,776 - $547,813 |
| Franchise Fee | $25,000 | $49,500 |
| Royalty Fee | 6% | - |
| Advertising Fee | - | - |
| Year Founded | 1988 | 2019 |
| Year Franchised | 1989 | 2019 |
| Term Of Agreement | 5 years | - |
| Term Of Agreement | 5 years | - |
| Renewal Fee | - | - |
Business Experience Requirements |
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| Experience | - | |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | No/Yes | -/- |
| Start-up Costs | No/Yes | -/- |
| Equipment | No/Yes | -/- |
| Inventory | Yes/No | -/- |
| Receivables | No/Yes | -/- |
| Payroll | No/Yes | -/- |
Training & Support |
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| Training | Ongoing training | - |
| Support | Newsletter, Toll-free phone line, Grand opening, Internet, Field operations/evaluations | - |
| Marketing | Co-op advertising, Ad slicks | - |
| Operations |
14% of all franchisees own more than one unit Number of employees needed to run franchised unit: 3 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | - |
Expansion Plans |
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| US Expansion | - | Yes |
| Canada Expansion | No | - |
| International Expansion | Yes | - |
Company Overviews
About Beverly Hills Weight Loss and Wellness
LA Weight Loss was once a store-front weight-loss plan, but is now available only online after the company went out of business in 2008
Founded in 1988, Heathrow, Florida Beverly Hills Weight Loss and Wellness provides clients with personalized weight loss programs. The company's programs include medical analysis, nutritional supplements, therapy and education.
About Springwell
!["Springwell]("https://fddexchange.com/wp-content/uploads/2020/07/Springwell-300x113.png")
Springwell is a specialized medical fitness franchise. Our focus is on
helping individuals adopt a healthy lifestyle in a welcoming and
clinically supervised environment.
Springwell Exercise Clinic is on the cutting edge of the
healthcare and medical fitness industry. Become part of a holistic gym
that caters to individuals with chronic health issues.
Springwell Exercise Clinic was founded on specific core values which
have helped the brand.
Springwell takes fitness and business operations
to the next level and pushes franchisees to be the best they can be so
they can run their business more efficiently.
The total investment necessary to begin operation of a single franchised
Facility ranges from $376,776 to $497,813, including $54,500 that must
be paid to the franchisor or their affiliates.
The total investment necessary to operate multiple facilities under a form of area development agreement depends on the number of franchises the franchisor grants you the right to open. The total investment necessary to enter into a development agreement for the right to develop three Facilities is $426,776 to $547,813, which includes a $99,500 development fee that is paid to the franchisor and your total investment to begin operation of your initial clinic. Under the area development agreement, the initial development fee is calculated as follows: $69,500 for the right to develop two Facilities; $99,500 for the right to develop three Facilities; or $29,500 per Facility if you are awarded the right to develop four or more franchised Facilities.
The total investment necessary to operate multiple facilities under a form of area development agreement depends on the number of franchises the franchisor grants you the right to open. The total investment necessary to enter into a development agreement for the right to develop three Facilities is $426,776 to $547,813, which includes a $99,500 development fee that is paid to the franchisor and your total investment to begin operation of your initial clinic. Under the area development agreement, the initial development fee is calculated as follows: $69,500 for the right to develop two Facilities; $99,500 for the right to develop three Facilities; or $29,500 per Facility if you are awarded the right to develop four or more franchised Facilities.