Spenga Franchise

Fitness

Spenga's goal is to open 135 franchise locations across the U.S. in three years. The company already has contracted with franchisees for 45 in the U.S., including five locations to open in north Denver and the Boulder area. More than 54 million Americans are working out at boutique fitness studios, which makes it the fastest growing sector of the fitness industry, Many of these active individuals are getting multiple memberships at multiple facilities to get a well-rounded workout. Our goal is to give members their fittest selves without having to go to three different locations. Spenga offers a 60-minute fitness session that combines spinning, high intensity interval strength training and yoga.#253 in Franchise 500 for 2021. Not in Franchise 500 for 2020.

ABC INC

ABC-CO - NASDAQ

$129.55 USD
+0.25 (+0.20%)
$129.55
$129.55


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Please Note: The operators of Spenga, may not have verified the accuracy of the Franchise information contained within this website. For accurate up-to-date information, investors are strongly recommended to visit the official Spenga website.

How much does it cost to open a Spenga Franchise ?

The investment required to open a Spenga Franchise is between $304,082 - $705,027 . There is an initial franchise fee of $49,500 which grants you the license to run a business under the Spenga name.

Individual Franchise Costs

  • Initial Investment:
    $304,082 -
  • Initial Franchise Fee:
    $49,500
  • Royalty Fee:

Expense In-House Third Party
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Spenga Growth History

When did the first Spenga open? 2015
When did Spenga start Franchising ? 2015

Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming



How much money you could make as a Spenga Franchise owner depends on a wide variety of factors. As a business owner, your primary goals are to strive for high sales while keeping your oper_ating costs as low as possible while still maintaining quality products and service. The monthly oper_ating costs that you will incur as a Spenga Franchise owner may include rent or mortgage, staffing, products, supplies, utilities, administrative costs and other things. Although your monthly oper_ating costs may vary from month to month, your start up costs are typically fixed and they will cover the majority of your initial oper_ating equipment, signage, and renovations.

Initial Investment
$49,500 - $705,027
Initial Franchise Fee
$49,500
Spenga Franchise Opportunity viewed times by investors.
 

Legal Disclaimer: This information is not a franchise offering for Spenga and should not be construed as such. The Franchise Mall makes every effort to maintain accurate franchise data but does not guarantee nor assume liability for incorrect data. We recomend that anyone seriously interested in pursuing a Spenga franchise opportunity, review that franchise's Franchise Disclosure Document (FDD) with an attorney and accountant.