Curves vs Spenga Franchise Comparison

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

Start-Up Costs and Fees
 
Curves Franchise
Spenga Franchise
Investment $115,600 - $243,200$304,082 - $705,027
Franchise Fee $39,900$49,500
Royalty Fee 5%-
Advertising Fee --
Year Founded 19922015
Year Franchised 19952015
Term Of Agreement 5 years-
Term Of Agreement 5 years-
Renewal Fee --


Business Experience Requirements
 
Curves Franchise
Spenga Franchise
Experience
  • Financially stable
    		• -

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

    Training & Support
     
    Curves Franchise
    Spenga Franchise
    Training At regional meetings (full day), convention (3 days), local events (1 day)-
    Support Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations-
    Marketing Co-op advertising, Ad slicks, National media, Regional advertising-
    Operations 50% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 2

    Absentee ownership of franchise is allowed. (70% of current franchisees are owner/operators)

    		-

    Expansion Plans
     
    Curves Franchise
    Spenga Franchise
    US Expansion -Yes
    Canada Expansion No-
    International Expansion Yes-

    Company Overviews

    About Curves

    At the age of 20, pre-med student Gary Heavin had taken over a failing fitness center in Houston, turning the business around and, within five years, opened six more centers. After 10 years and 17 centers, Heavin's business went under. Not wanting to give up, Heavin took lessons from the strengths and weaknesses of his first chain and decided to open a second. In 1992, Heavin opened Curves for Women, a women-only fitness center, in Harlingen, Texas. The company began franchising in 1995.

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    #32 on Franchise Rankings.com

    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.