World Gym International vs Springwell Franchise Comparison

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

Start-Up Costs and Fees
 
World Gym International Franchise
Springwell Franchise
Investment $852,000 - $2,975,000$376,776 - $547,813
Franchise Fee $25,000$49,500
Royalty Fee $1,000/mo.-
Advertising Fee included-
Year Founded 19762019
Year Franchised 19822019
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements
 
World Gym International Franchise
Springwell Franchise
Experience --

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

Training & Support
 
World Gym International Franchise
Springwell Franchise
Training On-The-Job Training: 7 days Classroom Training: 5 days -
Support Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations -
Marketing Co-op Advertising Ad Templates-
Operations Absentee Ownership Allowed

Number of Employees Required to Run: 15

-

Expansion Plans
 
World Gym International Franchise
Springwell Franchise
US Expansion YesYes
Canada Expansion --
International Expansion Yes-

Company Overviews

About World Gym International

With a heritage that traces back to the glory days of Muscle Beach in Los Angeles, CA, World Gym has been keeping people fit and changing lives for over 40 years. Our experience runs deep. World Gym knows the difference between cheap fads and time-proven techniques. We’ve learned the best ways to get your hearts pounding and your adrenaline pumping. World Gym makes sure all of our gyms have all the tools you need to perform your best.
World Gym's Mission: To provide the finest level of service in the fitness community with special emphasis on top-level fitness and proven results.

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.