Fit36 vs Springwell Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Fit36 vs Springwell including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Fit36 Franchise
Springwell Franchise
Investment $161,900 - $278,950$376,776 - $547,813
Franchise Fee $34,900$49,500
Royalty Fee 6%-
Advertising Fee 2%-
Year Founded 20132019
Year Franchised 20142019
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements
 
Fit36 Franchise
Springwell Franchise
Experience --

Financing Options
 
Fit36 Franchise
Springwell Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/Yes-/-
Start-up Costs -/Yes-/-
Equipment -/Yes-/-
Inventory -/Yes-/-
Receivables -/Yes-/-
Payroll -/Yes-/-

Training & Support
 
Fit36 Franchise
Springwell Franchise
Training On-The-Job Training: 19 hours Classroom Training: 48 hours -
Support Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform -
Marketing Ad Templates Regional Advertising Social media SEO Website development Email marketing Loyalty program/app -
Operations --

Expansion Plans
 
Fit36 Franchise
Springwell Franchise
US Expansion YesYes
Canada Expansion --
International Expansion --

Company Overviews

About Fit36

Become part of a vibrant and fast-growing segment of the fitness industry flanked by training and systems which will support your growth and help you stand out in the market.
Fit36® is a membership-based gym in the business of changing lives and is a perfect opportunity for people like you to become a multi-unit franchise owner. The simple Fit36 business model allows franchise owners to hand over the daily operations to an experienced manager.
Between 2005 and 2012, gym memberships grew 22%, to 9 million memberships. In a single year between 2012 and 2013, gym memberships exploded by +16.5% and total memberships increased by 8.5 million. This trend continues upward today, and shows no signs of slowing down.

Veteran Incentives  $5,000 off first-unit franchise fee

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.