ShapeXpress vs Springwell Franchise Comparison

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

Start-Up Costs and Fees
 
ShapeXpress Franchise
Springwell Franchise
Investment $89,500 - $152,000$376,776 - $547,813
Franchise Fee $20,000$49,500
Royalty Fee Varies-
Advertising Fee --
Year Founded 20022019
Year Franchised 20032019
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee $2.5K-


Business Experience Requirements
 
ShapeXpress Franchise
Springwell Franchise
Experience
  • Marketing skills
  • Sales skills, previous employee supervision skills
    		• -

    Financing Options
     
    ShapeXpress Franchise
    Springwell Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/No-/-
    Start-up Costs No/Yes-/-
    Equipment No/Yes-/-
    Inventory No/Yes-/-
    Receivables No/No-/-
    Payroll No/Yes-/-

    Training & Support
     
    ShapeXpress Franchise
    Springwell Franchise
    Training Ongoing-
    Support Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations-
    Marketing Co-op advertising, Ad slicks, Regional advertising-
    Operations Franchisees required to buy multiple units/master licenses

    Number of employees needed to run franchised unit: 3 - 4

    Absentee ownership of franchise is allowed. (35% of current franchisees are owner/operators)

    		-

    Expansion Plans
     
    ShapeXpress Franchise
    Springwell Franchise
    US Expansion -Yes
    Canada Expansion No-
    International Expansion No-

    Company Overviews

    About ShapeXpress

    NO LONGER FRANCHISING

    Proven results for members AND franchisees! Join our success in the $14.8 billion fitness industry! ShapeXpress for Women is setting the standard for women's only fitness franchise opportunities. "Amazing support from the corporate office." That's what our franchisees are saying about ShapeXpress. Support in every area of starting and operating your club: finding a location, negotiating a lease, decor & build-out, financing, marketing, membership sales, daily operations, billing, member tracking, hiring and more. Each franchisee is assigned a Franchise Support Executive to personally assist with setting goals and addressing concerns. Weekly conference calls keep our franchisees in communication with our corporate office and each other. Among U.S. franchises, 65% consist of fewer than 100 stores and 49% have under 50 locations. Compare this to ShapeXpress, which in its first 3 years of offering, has sold over 300 franchises!

    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.