SPENGA

Brand Summary

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.
$480,280 - $789,595
Investment Range
$776,461.36
*2024 Average Gross Sales:
$308,048.83
Other Revenue
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Unparalleled Workout Experience
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Comprehensive Training & Support
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Recurring Revenue Model
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Streamlined Operations
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Proven Franchise System
SPENGA
7%
Royalty
Currently Not Billing
Brand Fund
$500,000
Financial Requirements
Get to know the Brand

Business Basics & Stats

Key Stats

SPENGA

Founder

Roger McGreal

Home Office Location

Homer Glen, IL

Company Founded

2015

Began Franchising

2015

Industry

Fitness

Industry Size

$257 Billion Globally

Veteran Discount

$5,000 off first unit franchise fee

Group Health Insurance

No

Company Units Open

1

Franchise Units Awarded All Time

71

Franchise Units Awarded Last 12 Months

1

Franchise Units Open

47

Number of franchisees

60

Relationship Builder
Relationship Builder
Passion to Help People
Passion to Help People
No Industry Experience Required
No Industry Experience Required
Community Centric
Community Centric
Passion for health/wellness
Passion for health/wellness
Outgoing
Outgoing
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