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Updated RecentlyFit after Fifty vs Spenga Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Fit after Fifty vs Spenga including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $39,800 - $47,200 | $304,082 - $705,027 |
| Franchise Fee | N/A | $49,500 |
| Royalty Fee | - | - |
| Advertising Fee | - | - |
| Year Founded | 2003 | 2015 |
| Year Franchised | 2004 | 2015 |
| Term Of Agreement | - | - |
| Term Of Agreement | - | - |
| Renewal Fee | - | - |
Business Experience Requirements |
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| Experience | - | - |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | -/- | -/- |
| Start-up Costs | -/- | -/- |
| Equipment | -/- | -/- |
| Inventory | -/- | -/- |
| Receivables | -/- | -/- |
| Payroll | -/- | -/- |
Training & Support |
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| Training | - | - |
| Support | - | - |
| Marketing | - | - |
| Operations | - | - |
Expansion Plans |
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| US Expansion | - | Yes |
| Canada Expansion | - | - |
| International Expansion | - | - |
Company Overviews
About Fit after Fifty
Fit After 50 is a simple and satisfying business to own. With just a
small investment it can provide a good return to the studio owner. The
primary skills required to be a successful franchisee are an
entrepreneurial background and the desire to have fun! You spend your
days enjoying a non-stressful, healthy, social environment. You
experience the rewards of witnessing improvements to your members\'
health and well being. Basically, this is a "feel good, do good"
business....and you\'re working for yourself!
About Spenga
!["Spenga]("https://fddexchange.com/wp-content/uploads/2021/01/Spenga-300x68.png")
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.