Cuts Fitness For Men vs Spenga Franchise Comparison

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

Start-Up Costs and Fees
 
Cuts Fitness For Men Franchise
Spenga Franchise
Investment $33,600 - $77,900$304,082 - $705,027
Franchise Fee $39,500$49,500
Royalty Fee $400/mo.-
Advertising Fee --
Year Founded 20032015
Year Franchised 20032015
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee --


Business Experience Requirements
 
Cuts Fitness For Men Franchise
Spenga Franchise
Experience
  • Industry experience
  • General business experience
  • Marketing skills
    		• -

    Financing Options
     
    Cuts Fitness For Men Franchise
    Spenga Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/No-/-
    Start-up Costs No/Yes-/-
    Equipment No/Yes-/-
    Inventory No/Yes-/-
    Receivables No/No-/-
    Payroll No/No-/-

    Training & Support
     
    Cuts Fitness For Men Franchise
    Spenga Franchise
    Training --
    Support Newsletter, Meetings, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives-
    Marketing Co-op advertising, Regional advertising-
    Operations 20% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 1 - 2

    Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)

    		-

    Expansion Plans
     
    Cuts Fitness For Men Franchise
    Spenga Franchise
    US Expansion -Yes
    Canada Expansion No-
    International Expansion Yes-

    Company Overviews

    About Cuts Fitness For Men

    Cuts Fitness For Men uses the Body Cuts System which is a 30-minute, full body circuit training workout designed to firm up muscles, improve the cardiovascular system, increase endurance, lose body fat and inches. Founded in May, 2003, Cuts Fitness For Men is North America's fastest growing Men's fitness franchise. The first Cuts fitness center opened in Clark, New Jersey in May, 2003; since then, more than 200 franchises have been sold. Launched in December of 2004, Cuts Fitness For Women enters the market with a unique product featuring an innovative design, high quality equipment and the "experience factor."

    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.