BodyTek vs Springwell Franchise Comparison

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

Start-Up Costs and Fees
 
BodyTek Franchise
Springwell Franchise
Investment $249,600 - $384,500$376,776 - $547,813
Franchise Fee $19,900$49,500
Royalty Fee 6%-
Advertising Fee 1%-
Year Founded -2019
Year Franchised -2019
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements
 
BodyTek Franchise
Springwell Franchise
Experience --

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

Training & Support
 
BodyTek Franchise
Springwell Franchise
Training On-The-Job Training: 4 hours Classroom Training: 43 hours -
Support Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection -
Marketing Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app-
Operations Absentee Ownership Allowed

Number of Employees Required to Run: 8 - 12

-

Expansion Plans
 
BodyTek Franchise
Springwell Franchise
US Expansion YesYes
Canada Expansion --
International Expansion Yes-

Company Overviews

About BodyTek

Join the Bodytek movement, a challenging, yet exciting, HIIT group fitness workout program.

The workout that is designed to help maximize your potential and live what we call the BODYTEKLIFE.  A high-intensity lifestyle where you choose to maximize your results & live everyday with MOTIVATION, EXCITEMENT, and ENERGY.

Experience that was designed with you in mind - our total body workout program. No two classes are ever the same, focusing on Your Mind, Your Time, & Your Body. Structured on group fitness, our one-hour classes welcome clients of all fitness levels to participate from beginner to advanced, clients pushing themselves to be challenged and reach their personal best. Designed to significantly improve your fitness level through High Intensity Interval Training or (HIIT). Our highly skilled coaches provide personalized guided assistance to ensure you maximum your one hour and achieve 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.