Springwell vs HOTWORX Studio Franchise Comparison

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

Start-Up Costs and Fees

 
Springwell Franchise
HOTWORX Studio Franchise
Investment $376,776 - $547,813$188,070 - $351,885
Franchise Fee $49,500$129,500
Royalty Fee -$550/mo.
Advertising Fee --
Year Founded 20192016
Year Franchised 20192017
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements

 
Springwell Franchise
HOTWORX Studio Franchise
Experience --

Financing Options

 
Springwell Franchise
HOTWORX Studio Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support

 
Springwell Franchise
HOTWORX Studio Franchise
Training --
Support --
Marketing --
Operations --

Expansion Plans

 
Springwell Franchise
HOTWORX Studio Franchise
US Expansion YesYes
Canada Expansion --
International Expansion --

Company Overviews

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.










About HOTWORX Studio

""
HOTWORX is a virtually instructed exercise program created for users to experience the many benefits of infrared heat absorption, while completing a 30-minute isometric workout or 15-min High Intensity Interval Training (HIIT) session.
We created this infrared sauna workout program for people who want to flush toxins from their bodies, increase flexibility, balance, tone, and burn massive amounts of calories in the process. So whether you want to polish off your gym workout, or you’re strictly a spa-goer who wants to enhance your regime, this innovation could be a major component of your wellness program in the future. The results will blow you away!