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Updated RecentlyKID-FIT vs Springwell Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of KID-FIT 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 | $8,999 - $10,000 | $376,776 - $547,813 |
| Franchise Fee | N/A | $49,500 |
| Royalty Fee | - | - |
| Advertising Fee | - | - |
| Year Founded | 1986 | 2019 |
| Year Franchised | 2005 | 2019 |
| Term Of Agreement | - | - |
| Term Of Agreement | - | - |
| 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 | -/- | -/- |
| Start-up Costs | -/- | -/- |
| Equipment | -/- | -/- |
| Inventory | -/- | -/- |
| Receivables | -/- | -/- |
| Payroll | -/- | -/- |
Training & Support |
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| Training | - | - |
| Support | - | - |
| Marketing | - | - |
| Operations | - | - |
Expansion Plans |
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| US Expansion | - | Yes |
| Canada Expansion | - | - |
| International Expansion | - | - |
Company Overviews
About KID-FIT
!["KID-FIT]("https://www.kid-fit.com/images/content/img-logos/logoTop.jpg")
KID-FIT is an affordable children’s
business opportunity that is both profitable and rewarding. KID-FIT
offers a low start up cost and quicker return on investment compared to
other children’s fitness business opportunities and franchises, . You get
everything you need with step by step instructions on how to
build your business specifically, from the ground up, without prior sales experience.
Designed for you and your specific area.
What you need to get started:
- Business Package: $8999.00 - $9999.99 (or less if on a payment plan)
- One year of Liability Insurance: $375
- $4500 Approximately for equipment
- Approximately $100 month Marketing costs
- MS Office Professional
- DVD duplicating software
Additional Streams of Earnings:
All Business licensees are automatically considered brokers for the KID-FIT program. As such, commission is earned on each sign up and each renewal. See KID-FIT Zones. Funds can also be generated from related sales on a number of KID-FIT branded merchandise items, apparel, and more as approved by the corporate office. Your drive, experience, motivation and determination will dictate how much money you earn. You’ll benefit from our complete Press Kit, 2-Year Building Relationships Marketing Plan, Demo Kit with step-by-step instructions, Sales Presentation Package, accounting plan with billing template, all administrative documents needed to run your business, office set-up and more as we constantly create and add items on request.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.