Extreme Gym vs Springwell Franchise Comparison

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

Start-Up Costs and Fees
 
Extreme Gym Franchise
Springwell Franchise
Investment $75,453 - $96,998$376,776 - $547,813
Franchise Fee $10,000$49,500
Royalty Fee --
Advertising Fee --
Year Founded 20022019
Year Franchised 02019
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements
 
Extreme Gym Franchise
Springwell Franchise
Experience You need a desire to own your own business and to be financially free. You also need to be people oriented with excellent customer service skills. If you are going to be leasing your equipment, we can set you up with a top notch leasing company who we highly recommend. You also have the option of paying in full if that is your desire. You can have your own gym for the price of a nice luxury car. -

Financing Options
 
Extreme Gym Franchise
Springwell Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support
 
Extreme Gym Franchise
Springwell Franchise
Training --
Support --
Marketing --
Operations --

Expansion Plans
 
Extreme Gym Franchise
Springwell Franchise
US Expansion -Yes
Canada Expansion --
International Expansion --

Company Overviews

About Extreme Gym

There are a number of reasons why the Extreme Gym franchise is a far smarter choice than other fitness franchising programs or trying to obtain a club on your own. Primarily the lower initial cost and lower ongoing monthly fee. However, there are also virtually no controls or restrictions, no reporting requirements, no non-competition agreements, and no performance criteria with us as compared to other gym franchises. In regards to some of the world's most expensive fitness franchises, franchisees often find themselves sinking their entire life savings into the business or taking out huge loans only to wait many years for profitability. The Extreme Gym program is 1/6 to 1/4 the cost so you start profiting in months.

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.