CityRow Fitness vs Spenga Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of CityRow Fitness vs Spenga including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$253,843 - $609,574 | $304,082 - $705,027 |
Franchise Fee |
N/A | $49,500 |
Royalty Fee |
- | - |
Advertising Fee |
- | - |
Year Founded |
2018 | 2015 |
Year Franchised |
2018 | 2015 |
Term Of Agreement |
- | - |
Term Of Agreement |
- | - |
Renewal Fee |
- | - |
Business Experience Requirements |
Experience |
- | - |
Financing Options |
|
In-House/3rd Party | In-House/3rd Party |
Franchise Fees |
-/- | -/- |
Start-up Costs |
-/- | -/- |
Equipment |
-/- | -/- |
Inventory |
-/- | -/- |
Receivables |
-/- | -/- |
Payroll |
-/- | -/- |
Training & Support |
Training |
- | - |
Support |
- | - |
Marketing |
- | - |
Operations |
- | - |
Expansion Plans |
US Expansion |
Yes | Yes |
Canada Expansion |
- | - |
International Expansion |
- | - |
Company Overviews
About CityRow Fitness
Trendy workouts are everywhere - but only the best alter the fitness landscape for good.
Row,row,row your franchise'
Today’s consumer is seeking tailored services that cater to their individual needs, not to the masses. Boutique fitness is replacing crowded, intimidating gyms. It’s changing the way people get fit with effective, hard-hitting workouts that are also a whole lot of fun.
The CityRow concept was tested and perfected in New York’s fiercely competitive market. Every aspect, from studio design to instructor training to member retention, has been refined so that you can hit the ground running.
Backed by Franworth - the premier franchise development company - CityRow’s proven business model is poised to win markets from coast to coast. Be first in your region with this killer concept and become the breakout brand.
We are looking for franchisees who want
to take control of their financial and professional future. Our best
franchisees are not afraid to roll up their sleeves and get connected to
their community. This is a people business first and foremost, so our
focus is on the guest experience!
Our goal is to make the process of
opening a CityRow Studio as easy for you as possible. We will take you
through our Discovery Process to ensure that all of your questions are
answered and that there is a good mutual fit. You can count on us here
at CityRow - we want to see our franchisees succeed.
The total investment necessary to begin operation of one
CityRow
Fitness Facility is $253,843 to $460,074. This includes $83,927 to
$90,985 that must be paid to the franchisor.
The total investment necessary to begin operation as a developer under
an Area Development Agreement is $303,843 to 510,074 (3 -
CityRow
Fitness Facilities) and $403,343 to $609,574 (5 -
CityRow Fitness
Facilities). The area development fee applicable to each
CityRow
Fitness Facility will be credited toward the initial franchise fee due
under the Franchise Agreement for each
CityRow Fitness Facility. To
qualify for an Area Development Agreement, you must agree to develop two
or more Fitness Facilities.
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.