| ||||
Updated RecentlyHIT Center, The vs Springwell Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of HIT Center, The vs Springwell including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
| Investment | $500,000 | $376,776 - $547,813 |
| Franchise Fee | $40,000 | $49,500 |
| Royalty Fee | 5% | - |
| Advertising Fee | - | - |
| Year Founded | 2000 | 2019 |
| Year Franchised | 2003 | 2019 |
| Term Of Agreement | 10 years | - |
| Term Of Agreement | 10 years | - |
| Renewal Fee | - | - |
Business Experience Requirements |
||
| Experience | - | - |
Financing Options |
||
| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | No/No | -/- |
| Start-up Costs | No/No | -/- |
| Equipment | No/No | -/- |
| Inventory | No/No | -/- |
| Receivables | No/No | -/- |
| Payroll | No/No | -/- |
Training & Support |
||
| Training | - | - |
| Support | - | - |
| Marketing | - | - |
| Operations | - | - |
Expansion Plans |
||
| US Expansion | - | Yes |
| Canada Expansion | No | - |
| International Expansion | No | - |
Company Overviews
About HIT Center, The
High Intensity Training Centers (HIT Centers) is a new and unique fitness franchise opportunity offering sports performance enhancement and weight loss using several high intensity training programs. HIT stands for High Intensity Training.
The tried and true scientific principles of human physiology, neurology, kinesiology, and mycology fill scientific journals and have been studied by countless researchers for many decades. Application of these principles to human performance has received limited attention and no comprehensive, consolidated and integrated strategy until now.
The first HIT Center was opened in 2000 by Dr. Terry Shepherd, a nationally known exercise physiologist. The HIT Centers apply pure scientific principals of human physiology to sports and fitness, offering our clients state-of-the-art training and exercise protocols designed to maximize the body's potential. Our centers provide a model delivery system for sports performance enhancement, fitness, sports vision training, and weight loss in a scientifically designed exercise environment. Endorsed by NFL and MLB players and agents, our fitness and sports enhancement programs are unmatched in the industry.
As a HIT Centers franchisee, you will offer the most comprehensive human performance and fitness programs available. Our franchises are the most scientifically sound and technologically superior facilities in the industry.
All HIT Centers provide the following high intensity training programs:
Speed-Up - An athletic development/sports enhancement program for athletes of all ages and sports. Lighten-Up - A weight loss program for adults and children. HIT FIT - A high-level human performance/fitness program for general health and recreational athletes. Eyemetrix - A visual training program for all athletes.
Headquartered in Dublin, Ohio, HIT Centers Inc. offers what no other company offers, combined programs in sports enhancement, fitness, weight loss, human performance, and visual training in a scientifically designed exercise environment.
About Springwell
!["Springwell]("https://fddexchange.com/wp-content/uploads/2020/07/Springwell-300x113.png")
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.