Orange Shoe Personal Fitness vs Spenga Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Orange Shoe Personal Fitness vs Spenga including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$96,600 - $325,000 | $304,082 - $705,027 |
Franchise Fee |
$29,000 | $49,500 |
Royalty Fee |
6% | - |
Advertising Fee |
- | - |
Year Founded |
2007 | 2015 |
Year Franchised |
2009 | 2015 |
Term Of Agreement |
10 years | - |
Term Of Agreement |
10 years | - |
Renewal Fee |
- | - |
Business Experience Requirements |
Experience |
- | - |
Financing Options |
|
In-House/3rd Party | In-House/3rd Party |
Franchise Fees |
Yes/Yes | -/- |
Start-up Costs |
No/Yes | -/- |
Equipment |
No/Yes | -/- |
Inventory |
No/Yes | -/- |
Receivables |
No/Yes | -/- |
Payroll |
No/Yes | -/- |
Training & Support |
Training |
Available at headquarters: 8 days.
At franchisee's location: 8 days.
Online training : 4 days. | - |
Support |
Newsletter
Meetings
Toll-free phone line
Grand opening
Internet
Security/safety procedures
Field operations/evaluations | - |
Marketing |
Co-op advertising
Ad slicks | - |
Operations |
25% of all franchisees own more than one unit.
Number of employees needed to run franchised unit: 4.
Absentee ownership of franchise is allowed. (80% of current franchisees are owner/operators). | - |
Expansion Plans |
US Expansion |
- | Yes |
Canada Expansion |
Yes | - |
International Expansion |
- | - |
Company Overviews
About Orange Shoe Personal Fitness
Orange Shoe Personal Fitness is a niche franchise opportunity in a $20 billion market.
The Orange Shoe Personal Fitness mission is to help people do everything better while building long-term relationships and having fun. We are looking for individuals who have similar aspirations in their next big step or business venture to join our team.
The personal fitness industry is rapidly growing in popularity across the country, and we position our brand by creating a clear, competitive difference in a market filled with "one-size-fits-all" health clubs. As a result, Orange Shoe franchise owners are reaping the rewards.
What's the Orange Shoe difference?
We do personal fitness better than anyone in the industry. As life changes for each of our clients, we adjust their program to fit their needs accordingly. This makes Orange Shoe unlike any other personal fitness franchise in the country.
We have a proven model of success. Just ask our existing owners. Our systems are easy to understand, and operate, and we merge curriculum with career to advance your life. We bring systems in-house to advance staff and keep our product delivery consistent.
We believe you should never go through big life changes alone. That is why we offer you continued franchise support beyond your studio opening. Unlike franchises that only offer resources up to opening day, Orange Shoe is here for you as a resource throughout your franchise ownership.
Orange Shoe has an established and respected brand equity.
There is less risk in an Orange Shoe franchise ownership compared to independent business ownership. Ninety-eight percent of franchisees are still in business 10 years after opening day while only two-thirds of small business make it past the first two years of ownership.
At your studio, clients won't feel that static, uninspired feeling they know so well at health clubs... and neither will you. And because our approach is designed to deliver the specific health needs of our clients, we can charge a premium price for our expert training services.
The opportunity is clear. Learn more about how we can help you succeed in owning and operating an Orange Shoe Personal Fitness franchise of your own.
The total initial investment necessary to begin operation of an Orange Shoe Personal Fitness franchise is from $98,600 to $325,000. This includes between
$41,000 and $44,000 that must be paid to the franchisor. If you sign an
Area Development Agreement, the total initial investment necessary is
between $76,600 and $302,200 for each Orange Shoe Personal Fitness
Studio. This includes an additional $20,000 for the Development Fee that
must be paid to the franchisor for each additional Studio.
About 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.