
Spenga
SPENGA is the NEXT BIG BUSINESS in fitness. SPENGA offers a 60-minute workout separated into three components. The workout consists of 20 minutes of spin, 20 minutes of strength and 20 minutes of yoga. The workout is enhanced by the SPENGA 'Sweet Spot' technology that keeps members engaged and competitive. SPENGA is the first studio to put equal focus on the three pillars of fitness (cardio, strength, and flexibility) all in one 60-minute workout. SPENGA clients stay engaged and have more fun than other concepts that offer a singular training method for the entire workout. SPENGA’s tagline is "Best. Workout. Ever" and we firmly believe this. SPENGA fills a void in the market by delivering cardiovascular, strength, and flexibility training all in one 60-minute workout. Consumers are constantly searching for the most efficient and effective fitness solution that will yield them the best results. The SPENGA concept was designed with the consumers’ needs in mind, and we want to share this results-driven, uplifting, unique, fitness experience with as many individuals as possible. SPENGA is targeting all individuals looking to make the most out of their lives and their workouts. SPENGA offers a multisensory experience. As soon as you walk through the door you can see the attention paid to detail. This includes the inspiring design elements with space dedicated specifically to each element of the workout, invigorating aroma from the essential oils, and the DJ-inspired playlists that create incredible energy throughout the studio. SPENGA is a community of like-minded individuals all looking to live their best lives and get the most out of their workouts. SPENGA offers a recurring revenue business with item 19 showing a positive six-figure return of $186k, as well as average, high, medium, and low stats for membership, lead volume, membership rates and NCI increases.
Your franchise match score
Fitness
Brand highlights
- CEORoger McGreal
- Headquarters13161 W 143rd Street, Homer Glen, IL, 60491
- Year founded2015
- Year started franchising2015
- IndustryFitness
- Locations open50 (-7 last three years)
Statistics & metrics
- Investment range$480,280 - $789,595
- Franchise fee$49,500
- Royalty7%
- Brand fund2%
- Required Liquid Capital$250,000
- Required Net Worth$500,000
- Total NCI$836,381.97
- Total NC1 Less Total Disclosed Costs and Expenses$351,486.65
Brand superpowers
Unparalleled Workout Experience
Comprehensive Training & Support
Recurring Revenue Model
Streamlined Operations
Proven Franchise System
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Ideal candidate profile
Relationship Builder
Passion to Help People
No Industry Experience Required
Community Centric
Passion for health/wellness
Outgoing
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FDD insights
The information shown below is derived from publicly available franchise disclosure documents (FDDs), including the version issued as of the issuance date listed below, and other third-party sources. This information may not reflect the most current FDD. It is provided for general informational purposes only and is not part of any franchise offering or sales process. Franchise Sidekick is not providing or furnishing an FDD in accordance with FTC requirements. You should obtain and review the most current official FDD directly from the franchisor before making any investment decision.
FDD Version Referenced - Issuance Date: 2025-04-29
| Category | Detail | View |
|---|---|---|
| The Franchisor & Executives | Learn about Spenga, its parent company, and the executive leadership team responsible for operating and supporting the franchise system. | |
| Initial Franchise Fee | Learn about the initial franchise fee required to join the Spenga franchise system and what that fee covers. | |
| Other Fees | Understand the ongoing and additional fees associated with owning a Spenga franchise, including royalties, marketing contributions, and other required payments. | |
| Estimated Initial Investment | Review the estimated total initial investment required to open a Spenga franchise, including startup costs and working capital estimates. | |
| Territory | Understand how franchise territories are defined, whether they are exclusive, and under what circumstances they may be modified by Spenga. | |
| Financial Performance Representations | Review any financial performance information Spenga provides, including revenue or earnings data, if disclosed. |
Location data
| Total locations | 50 |
| Franchise locations | 49 |
| Corporate locations | 1 |
System growth over time
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