Row House vs Spenga Franchise Comparison

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

Start-Up Costs and Fees
 
Row House Franchise
Spenga Franchise
Investment $257,700 - $475,800$304,082 - $705,027
Franchise Fee $49,500$49,500
Royalty Fee 7%-
Advertising Fee 2%-
Year Founded 20152015
Year Franchised 20172015
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements
 
Row House Franchise
Spenga Franchise
Experience --

Financing Options
 
Row House Franchise
Spenga Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/Yes-/-
Equipment -/Yes-/-
Inventory -/Yes-/-
Receivables -/Yes-/-
Payroll -/Yes-/-

Training & Support
 
Row House Franchise
Spenga Franchise
Training On-The-Job Training: 1 hour Classroom Training: 22 hours Additional Training: Manager training -
Support Purchasing Co-ops Newsletter Meetings/Conventions Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform -
Marketing Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app-
Operations Number of Employees Required to Run: 8-

Expansion Plans
 
Row House Franchise
Spenga Franchise
US Expansion -Yes
Canada Expansion --
International Expansion --

Company Overviews

About Row House

At a time when the market is saturated with high-intensity, high-impact fitness concepts, the need for a more sustainable workout that reduces the risk of injury but still delivers an effective workout is clear. Predicted to be the new ‘go-to’ workout in 2018 by The Associated Press, indoor rowing has the extensive market potential not yet explored. Established in New York City in 2014, Row House was born from the idea that rowing is simply the most efficient, low-impact, high-energy, full-body workout for any fitness level that unites, inspires and drives people to dig a little deeper.
 
Led by an expert team with more than 25 years of fitness franchising experience, Row House will dominate indoor rowing in the boutique fitness industry by offering franchise opportunities across all major markets.

Seeking new franchise units throughout the U.S. , Asia, Australia/New Zealand, Canada, Mexico, South America and Western Europe

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.