QuickHIT Fitness Lab vs Spenga Franchise Comparison

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

Start-Up Costs and Fees

 
QuickHIT Fitness Lab Franchise
Spenga Franchise
Investment $127,830 - $157,500$304,082 - $705,027
Franchise Fee $5,000$49,500
Royalty Fee --
Advertising Fee --
Year Founded 20172015
Year Franchised 20182015
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements

 
QuickHIT Fitness Lab Franchise
Spenga Franchise
Experience --

Financing Options

 
QuickHIT Fitness Lab Franchise
Spenga Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support

 
QuickHIT Fitness Lab Franchise
Spenga Franchise
Training --
Support --
Marketing --
Operations --

Expansion Plans

 
QuickHIT Fitness Lab Franchise
Spenga Franchise
US Expansion YesYes
Canada Expansion --
International Expansion --

Company Overviews

About QuickHIT Fitness Lab

"QuickHIT

QuickHIT is an innovative approach to health and fitness for people of all ages and stages of life. We specialize in isokinetic exercise routines proven to increase lean muscle mass and decrease injury and body fat with our patented Robotically Controlled Resistanceā„¢ machine.

QuickHIT offers opportunities for hungry entrepreneurs to take ownership of markets in their city.
QuickHIT has exceedingly low franchise fee, total opening cost, and average expected ROI percentage!




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.