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Spenga Franchise for Sale
Spenga Franchise for Sale
Spenga Franchise for Sale

Spenga Franchise for Sale

Franchise Units
  • Canadian N/A
  • USA 56
  • International N/A
  • Corporate N/A

Franchise Fee
  • Starting From $49,499
Liquid Capital Required
  • Starting From N/A
Total Investment
  • Starting From $288,605
In Business Since
  • 2015
Franchising Since
  • 2015
Territories

SPENGA is an unrivaled fitness experience. Unlike any studio of its kind, SPENGA combines three essential elements of fitness to create what is simply known as the best workout ever. Our unique concept delivers a combination of spin, strength, and yoga in every 60-minute session, and is designed to help improve endurance, strength, and flexibility.

 

Spenga Franchise for Sale

  • Attractive EBITDA Margin
  • Quick Profitability
  • Hot Trend- Fitness is hot and boutique fitness is the fasting growing segment in the industry
    • Boutique Fitness Chains have been adding new studios at a clip of 450% a year since 2010, Piper Jaffrey
    • In 2015, 20% of all fitness memberships went to boutique fitness centers
    • In 2016, 40% of all fitness memberships went to boutique fitness centers
  • Avoid Boredom – A plateau proof workout that transitions to a new workout segment every 20 minutes (20 minutes spin > 20 minutes strength > 20 minutes yoga) Keeps our clients excited for each segment and provides a better workout because they continue to push themselves knowing each phase is only 20 minutes.
  • Uniqueness of the concept- All your fitness needs in one 60-minute workout and members never have to clean anything. The staff comes behind them every step of the way cleaning the equipment.
  • Recurring Revenue Model – SPENGA members by recurring monthly packages that give them 4, 8 or unlimited sessions.
  • Simplicity of Operations- Lean staff, no real inventory (besides clothing items), payroll increases as membership grows (control payroll costs through schedule/session roll-out).
  • Low Cap Expenses


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