OrangeTheory Fitness vs Springwell Franchise Comparison

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

Start-Up Costs and Fees

 
OrangeTheory Fitness Franchise
Springwell Franchise
Investment $608,172 - $1,800,322$376,776 - $547,813
Franchise Fee $59,500$49,500
Royalty Fee 8%-
Advertising Fee 2%-
Year Founded 20102019
Year Franchised 20102019
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee --


Business Experience Requirements

 
OrangeTheory Fitness Franchise
Springwell Franchise
Experience $150K liquidity, $500K net worth, business experience, team builder, outgoing demeanor-

Financing Options

 
OrangeTheory Fitness 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

 
OrangeTheory Fitness Franchise
Springwell Franchise
Training On-The-Job Training: 3.3 hours Classroom Training: 58.25 hours Additional Training: E-learning-
Support Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Proprietary Software Franchisee Intranet Platform-
Marketing

Co-op advertising, Ad slicks, Regional advertising

-
Operations Manual provided Number of Employees Required to Run: 8 - 11-

Expansion Plans

 
OrangeTheory Fitness Franchise
Springwell Franchise
US Expansion YesYes
Canada Expansion Yes-
International Expansion Yes-

Company Overviews

About OrangeTheory Fitness

Orangetheory Fitness is an exciting new fitness concept like no other that is sweeping the nation. Hailed by the New York Times as an effective new plateau-busting workout, Orangetheory Fitness leverages heart-rate-monitored interval exercise and group personal training to maximize calorie burn. In less than a year after opening the first Orangetheory Fitness studio in Ft. Lauderdale in March 2010, the franchise grew to 38 locations - and counting.
Orangetheory Fitness offers:
*Specialized group personal training sessions to mid- and high-income consumers
*Studio will drive substantial unique consumers to the retail location every month
*Best one-hour workout in the country
*Affordable group personal training
*55 classes per week at all levels
*Experienced, successful franchise company & management team

This is your opportunity to be a small business owner. When you open an Orangetheory Fitness franchise, you gain a support network of other franchisees, a branding plan for your business, and cooperative advertising.

"Top  ""
#95 in Canada's Top franchises.
#43 in Franchise 500 for 2020.


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.