Workout Anytime 24/7 vs Springwell Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Workout Anytime 24/7 vs Springwell including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$562,850 - $1,008,550 | $376,776 - $547,813 |
Franchise Fee |
$35,000 | $49,500 |
Royalty Fee |
4%+ | - |
Advertising Fee |
1% | - |
Year Founded |
1999 | 2019 |
Year Franchised |
2005 | 2019 |
Term Of Agreement |
- | - |
Term Of Agreement |
- | - |
Renewal Fee |
- | - |
Business Experience Requirements |
Experience |
- | - |
Financing Options |
|
In-House/3rd Party | In-House/3rd Party |
Franchise Fees |
Yes/- | -/- |
Start-up Costs |
Yes/- | -/- |
Equipment |
-/Yes | -/- |
Inventory |
-/Yes | -/- |
Receivables |
-/- | -/- |
Payroll |
-/Yes | -/- |
Training & Support |
Training |
On-The-Job Training: 30 hours
Classroom Training: 40 hours
| - |
Support |
Purchasing Co-ops
Newsletter
Meetings/Conventions
Toll-Free Line
Grand Opening
Online Support
Security/Safety Procedures
Field Operations
Site Selection
Proprietary Software
Franchisee Intranet Platform
| - |
Marketing |
Co-op Advertising
Ad Templates
National Media
Regional Advertising
Social media
SEO
Website development
Email marketing
| - |
Operations |
- | - |
Expansion Plans |
US Expansion |
Yes | Yes |
Canada Expansion |
- | - |
International Expansion |
Yes | - |
Company Overviews
About Workout Anytime 24/7
Franchising with Workout Anytime is a great option for those who are looking to have more control over their own destiny by running their own business. One of the perks of franchising with an established brand like Workout Anytime is that once your location is up and running, you’ll be able to enjoy greater flexibility with your time. We want our franchise-partners to enjoy financial and lifestyle independence by being able to delegate day-to-day tasks to their trusted employees, leaving them free to decide for themselves when they’d like to come in to work.
The total investment necessary to begin operation of a Workout Anytime franchised business is from $562,850 to $1,008,550. This
includes
$159,398 to $273,004 that must be paid to the franchisor or affiliate.
The total investment necessary under the Development Agreement is from
$1,643,550 to $2,980,650. This includes total initial franchise fees of
$60,000 that must be paid to the franchisor or its affiliates.
Veteran Incentives 22% off franchise fee
#351 in Franchise 500 for 2020.
About 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.