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.
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 an 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.
Why the Fitness Industry?
A $30 Billion industry
Boutique fitness is the fasting growing segment in the industry
Simplicity of Operations
Recurring Revenue Model
OUR IDEAL FRANCHISEE
Strong Business Sense and Leadership Skills
Passionate about Fitness, but No Fitness Experience is required
Recognizes this is an experience driven concept
AVAILABLE MARKETS
US markets available: All except listed below
HOT Regions/Desirable: Texas, Florida, California, etc.
Registered in: Non-Registration States, IN, MI, NY & RI
NOT available: SOLD OUT in Chicago
NOT registered yet: AK, CA, HI, IL, MD, MN, ND, SD, VA & WA
NOT registering: HI, ND and SD
Available in Canada: NO
International Referrals: NO
BACKGROUND
Year founded: 2015
Year Franchised: 2016
Number of franchises currently operating: 58 (330+ awarded)
Number of corporate owned franchises: 1
Home Based: NO
Semi-Absentee ownership available: YES
Accepting Master Franchisor and Area Developer Referrals: NO
Average number of employees required: 12
E2 Visa Friendly: NO
FINANCIAL DETAILS
Franchise Fee: Single: $49,500
Providing earnings guidance in Item 19 in FDD: YES
Total investment range: $480,280 - $789,595
Net worth requirement: $500,000
Royalty: 7%
Additional fees: 2% Brand Identity (not yet being billed)
Financial assistance available: YES, third party
VetFran program: YES
SUPPORT & TRAINING PROVIDED
Training and support program details:
Initial training for managers and owners in Chicago
Instructor training at home location
Grand Opening support and additional training
Monthly advertising and sales assistance
On-going weekly/monthly support and field assistance
Cost for Training: $0
Lodging and airfare included: NO
Site Selection Assistance: YES
Lease Negotiation Assistance: YES
Mentor following training: YES
Length of mentoring Franchisee: Ongoing support provided by Franchisor
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