Platoon Fitness vs Springwell Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Platoon Fitness vs Springwell including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Platoon Fitness Franchise
Springwell Franchise
Investment $29,300 - $40,100$376,776 - $547,813
Franchise Fee $20,000$49,500
Royalty Fee 6%-
Advertising Fee --
Year Founded 19992019
Year Franchised 20062019
Term Of Agreement 5 years-
Term Of Agreement 5 years-
Renewal Fee --


Business Experience Requirements
 
Platoon Fitness Franchise
Springwell Franchise
Experience --

Financing Options
 
Platoon Fitness Franchise
Springwell Franchise
  In-House/3rd PartyIn-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
 
Platoon Fitness Franchise
Springwell Franchise
Training * Available at headquarters: 2 weeks

* At franchisee's location: 2 months

* Additional training 5 times a year at franchisee's location

-
Support --
Marketing --
Operations * Franchise can be run from home

* Number of employees needed to run franchised unit: 2

* Absentee ownership of franchise is allowed.

-

Expansion Plans
 
Platoon Fitness Franchise
Springwell Franchise
US Expansion YesYes
Canada Expansion --
International Expansion Yes-

Company Overviews

About Platoon Fitness

Can you devote the same focus to our franchise as our workout teams do to their fitness? If so, that's the kind of franchisee we're looking for! Platoon Fitness

That's right just like one of our workout teams, we expect our franchise team to be on board with the program 100%. There's simply no point in becoming a part of the team if you are not prepared to put in the effort and keep a sharp focus on the key factors needed to reach our franchise goals. The reason for our company's phenomenal success is no accident. Years of planning, testing, adjusting and refining have taught us many of the pitfalls of business ownership and allowed us to continually improve and learn through experience. A Platoon Fitness franchisee needs a clear mind to focus on the most important task at hand: running a successful business.

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.