Beverly 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

 
Beverly Hills Weight Loss and Wellness Franchise
Springwell Franchise
Investment $64,000 - $96,000$376,776 - $547,813
Franchise Fee $25,000$49,500
Royalty Fee 6%-
Advertising Fee --
Year Founded 19882019
Year Franchised 19892019
Term Of Agreement 5 years-
Term Of Agreement 5 years-
Renewal Fee --


Business Experience Requirements

 
Beverly Hills Weight Loss and Wellness Franchise
Springwell Franchise
Experience
  • General business experience
  • Marketing skills
  • Sales experience
  • -

    Financing Options

     
    Beverly Hills Weight Loss and Wellness Franchise
    Springwell Franchise
      In-House/3rd PartyIn-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

     
    Beverly Hills Weight Loss and Wellness Franchise
    Springwell Franchise
    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

     
    Beverly Hills Weight Loss and Wellness Franchise
    Springwell Franchise
    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
    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.