Slender Lady vs Spenga Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Slender Lady vs Spenga including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Slender Lady Franchise
Spenga Franchise
Investment $50,000$304,082 - $705,027
Franchise Fee $32,900$49,500
Royalty Fee $395/495/mo.-
Advertising Fee --
Year Founded 19962015
Year Franchised 19972015
Term Of Agreement 7 years-
Term Of Agreement 7 years-
Renewal Fee --


Business Experience Requirements
 
Slender Lady Franchise
Spenga Franchise
Experience --

Financing Options
 
Slender Lady Franchise
Spenga Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees Yes/No-/-
Start-up Costs No/No-/-
Equipment No/No-/-
Inventory No/No-/-
Receivables No/No-/-
Payroll No/No-/-

Training & Support
 
Slender Lady Franchise
Spenga Franchise
Training --
Support Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives-
Marketing Co-op advertising, Ad slicks, National media, Regional advertising-
Operations 10% of all franchisees own more than one unit

Number of employees needed to run franchised unit: 2

Absentee ownership of franchise is allowed. (90% of current franchisees are owner/operators)

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Expansion Plans
 
Slender Lady Franchise
Spenga Franchise
US Expansion -Yes
Canada Expansion No-
International Expansion Yes-

Company Overviews

About Slender Lady

NO LONGER FRANCHISING

What is the aggregate venture Required to begin a Slender Lady Fitness Franchise establishment?

A speculation of $29K - $60K is required.

Q:How much fluid capital is required?

A Slender Lady Fitness Franchise establishment requires $29,900 in fluid capital.

Q:Is financing help accessible?

Yes, financing is accessible.

Q:What experience is expected to open a Slender Lady Fitness Franchise ? Is wellness experience or deals encounter required?

While wellness, deals and business experience isn't required, it is useful. Be that as it may, the organization will gave broad preparing on the majority of the gear and advertising.

Q:Is preparing accessible?

Franchisees will get preparing at the corporate workplaces and at a Slender Lady Fitness Franchise office. Moreover, support is accessible by means of telephone or web.

Q:What showcasing help does Slender Lady Fitness Franchise give?

Progressing publicizing help, including limited time items, for example, shirts, tops, wraps and flyers.

Q:Is rent transaction help accessible?

Notwithstanding lease transaction help, Slender Lady Fitness Franchise will pick an area.

Q:What makes a Slender Lady Fitness Franchise Center unique in relation to different wellness focuses?

You will profit by furnishing your individuals with the most astounding quality, medicinally stable sustenance arranges, demonstrated practice program and wellbeing items accessible anyplace.

The open door that franchisees need to browse different operational bundles and projects makes Slender Lady Fitness Franchise a decent decision in wellness establishments.

About Spenga

"Spenga

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.