Smart for Life vs Extreme Gym Franchise Comparison

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

Start-Up Costs and Fees

 
Smart for Life Franchise
Extreme Gym Franchise
Investment N/A $46,599 - $62,991
Franchise Fee N/A $10,000
Royalty Fee - $199/mo.
Advertising Fee - -
Year Founded 2002 2002
Year Franchised 2004 0
Term Of Agreement - -
Term Of Agreement - -
Renewal Fee - -


Business Experience Requirements

 
Smart for Life Franchise
Extreme Gym 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

 
Smart for Life Franchise
Extreme Gym Franchise
  In-House/3rd Party In-House/3rd Party
Franchise Fees -/- -/-
Start-up Costs -/- -/-
Equipment -/- -/-
Inventory -/- -/-
Receivables -/- -/-
Payroll -/- -/-

Training & Support

 
Smart for Life Franchise
Extreme Gym Franchise
Training - -
Support - -
Marketing - -
Operations - -

Expansion Plans

 
Smart for Life Franchise
Extreme Gym Franchise
US Expansion - -
Canada Expansion - -
International Expansion - -

Start-Up Costs and Fees Mobile

Investment
Smart for Life Franchise
N/A
Extreme Gym Franchise
$46,599 - $62,991
Franchise Fee
Smart for Life Franchise
N/A
Extreme Gym Franchise
$10,000
Royalty Fee
Smart for Life Franchise
-
Extreme Gym Franchise
$199/mo.
Advertising Fee
Smart for Life Franchise
-
Extreme Gym Franchise
-
Year Founded
Smart for Life Franchise
2002
Extreme Gym Franchise
2002
Year Franchised
Smart for Life Franchise
2004
Extreme Gym Franchise
0
Term Of Agreement
Smart for Life Franchise
-
Extreme Gym Franchise
-
Renewal Fee
Smart for Life Franchise
-
Extreme Gym Franchise
-


Business Experience Requirements

Experience
Smart for Life Franchise
-
Extreme Gym Franchise
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

  In-House/3rd Party
Franchise Fees
Smart for Life Franchise
-/-
Extreme Gym Franchise
-/-
Start-up Costs
Smart for Life Franchise
-/-
Extreme Gym Franchise
-/-
Equipment
Smart for Life Franchise
-/-
Extreme Gym Franchise
-/-
Inventory
Smart for Life Franchise
-/-
Extreme Gym Franchise
-/-
Receivables
Smart for Life Franchise
-/-
Extreme Gym Franchise
-/-
Payroll
Smart for Life Franchise
-/-
Extreme Gym Franchise
-/-

Training & Support

Training
Smart for Life Franchise
-
Extreme Gym Franchise
-
Support
Smart for Life Franchise
-
Extreme Gym Franchise
-
Marketing
Smart for Life Franchise
-
Extreme Gym Franchise
-
Operations
Smart for Life Franchise
-
Extreme Gym Franchise
-

Expansion Plans

US Expansion
Smart for Life Franchise
-
Extreme Gym Franchise
-
Canada Expansion
Smart for Life Franchise
-
Extreme Gym Franchise
-
International Expansion
Smart for Life Franchise
-
Extreme Gym Franchise
-

Company Overviews

About Smart for Life

The premier physician supervised weight management program offering natural and organic cookie squares along with shakes and soups as meal replacements plus other innovative weight management approaches.

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. We are 100 percent committed to our Extreme Gym Licensees long-term success. You will receive ongoing guidance, support and experience from Extreme Gym (we opened our first club in 2002) Substantial savings on equipment by purchasing through us or letting us use our buying power achieving the best & lowest prices for you if you choose to purchase your own equipment. Unlike traditional franchising, you have more control over your business. Although you receive our ongoing support, this is your gym. You are free to style your gym as you wish. You can change the membership fees if you want to run specials from time to time. You can set your own hours. You have many choices or you can follow our model exclusively. The franchise fee is a one time cost and never needs to be renewed. Also, we set you up with everything you need to have a successful gym business. 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. You choose your site and we will give it our honest assessment. We will not license a club if we feel your location will not prove to be successful. You get the right to use the name of a proven leader. Let's face it two heads are better than one. You get the backing of a whole team. We put all the pieces of the puzzle together for you. We completely set you up with everything you need to begin your dream of owning a gym.