Spenga is not currently active on BizQuest.

You can search the directory, see other Fitness & Beauty, or see related franchises below.


Spenga Franchise

Spenga Franchise

Spenga is the only concept on the market to place equal emphasis on the three most important pillars of fitness: Cardio, Strength, and Flexibility.

Fitness & BeautySports & Recreation
Min. Liquid Capital

$250,000

Min. Franchise Fee

$49,500

Total Number of Units

50

About Spenga

SPENGA is the NEXT BIG BUSINESS in fitness. SPENGA offers a 60-minute workout separated into three components. 20 minutes for each Spin, Strength and Yoga. By using three separate workouts in one 60-minute timeframe, SPENGA clients stay more motivated and have more fun than other concepts that offer a singular training method for the full 60 minutes.

Franchising Since

2015 (10 years)

Company Units

1

Average Unit Revenue

$776,461

Franchise Fees

Min. Franchise Fee

$49,500

Royalty Fee

7.0%
Net Cash In

Ad Fund Fee

-

Why Spenga?

  • 300 Studios Sold.
  • Top Franchise Concept.
  • Top Ten Fastest Growing Brand.
  • Average # of Members - 348 and highs of 448
  • Average Revenue is over $500,000
  • Recent monthly averages at $35,000 per month and highs >$60,000 per month
  • Net Profit margins >25%

Full support from franchisor: location found, lease negotiated, space designed, employees and managers hired, etc.

Ideal Candidate

  • No Fitness experience required
  • Strong Business Sense
  • Leadership Skills
  • Willingness to learn
  • Passionate about Fitness
  • Recognizes this is an experience driven concepts

Initial Investment

$288,605 - $858,138

Min. Liquid Capital

$250,000

Net Worth Required

$750,000

Benefits

Spenga provides initial training for managers and owners in Chicago as well as instructor training at the franchisee’s home location. There is also grand opening support and additional training. Spenga provides monthly advertising and sales assistance as well with on-going weekly/monthly support and field assistance. There is much more to the training and support which will be discussed during the discovery process.

  • Training and Support
  • Financing Available
  • Multi Units

Testimonials

We were drawn to the overall concept, the structure of the workout, the unique positioning in the boutique fitness space, and the opportunity to grow with an emerging brand. Since opening, we love the community within the studio and the incredible transformational stories we hear from members. We are so happy with our decision to join the SPENGA family and look forward to the continued growth with the brand and our community of fellow owners. MITCHELL & LISA HOBBS | Multi Studio Owners in Atlanta and Tennessee.

We chose SPENGA because it embodies what every great franchise should represent: leadership, teamwork, creativity and rapid growth. SPENGA's concept is one like no other. The leadership and teamwork throughout the entire franchise continues to soar above our expectations. The entire network has become a SPENGAfam and we feel so lucky to be a part of this growing, yet tightly knit community. CARRIE & DAN RUDMAN | Owners, SPENGA Bloomingdale.

The support from the co-founders and the network of incredible franchisees has been greater than I had ever expected. The other franchise system I was a part of paled in comparison and I truly look forward to growing with SPENGA." "If you are looking for a network of great leaders and an incredibly supportive network of franchisees, look no further than SPENGA! BRYAN CLARK | Multi Studio Owner in Ohio and Oregon