Fernwood Women's Health Clubs vs Spenga Franchise Comparison

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

Start-Up Costs and Fees

 
Fernwood Women's Health Clubs Franchise
Spenga Franchise
Investment $500,000 - And Up$304,082 - $705,027
Franchise Fee N/A$49,500
Royalty Fee --
Advertising Fee --
Year Founded 19892015
Year Franchised 19932015
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements

 
Fernwood Women's Health Clubs Franchise
Spenga Franchise
Experience --

Financing Options

 
Fernwood Women's Health Clubs Franchise
Spenga Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support

 
Fernwood Women's Health Clubs Franchise
Spenga Franchise
Training � Three weeks comprehensive program � E-learning modules � This includes one week at National Support Office and two weeks in club � Ongoing in-club support & training-
Support --
Marketing --
Operations --

Expansion Plans

 
Fernwood Women's Health Clubs Franchise
Spenga Franchise
US Expansion -Yes
Canada Expansion --
International Expansion Yes-

Company Overviews

About Fernwood Women's Health Clubs

Looking to own your own Fernwood business?Fernwood Women's Health Clubs is a dominant player in the women's-only fitness in Australia. It owes its success to the quality of the franchisees who work hard in partnership with Fernwood to make a difference in the lives of women. We want franchise partners to join our team who: *Have a passion for customer service *Have a passion for health & fitness *Have a passion to drive your own business *Have a passion to make a difference
Fernwood system offers: *a well branded and dominate player in women's only fitness *lifestyle and financial rewards *opportunity for personal growth and achievements *full training and on going support *security of a long term franchise model

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.