DiscoverStrength vs Spenga Franchise Comparison

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

Start-Up Costs and Fees

 
DiscoverStrength Franchise
Spenga Franchise
Investment $271,250 - $481,000$304,082 - $705,027
Franchise Fee $49,000$49,500
Royalty Fee 6%-
Advertising Fee 2%-
Year Founded 20202015
Year Franchised 20202015
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements

 
DiscoverStrength Franchise
Spenga Franchise
Experience --

Financing Options

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

Training & Support

 
DiscoverStrength Franchise
Spenga Franchise
Training --
Support --
Marketing --
Operations --

Expansion Plans

 
DiscoverStrength Franchise
Spenga Franchise
US Expansion YesYes
Canada Expansion --
International Expansion --

Company Overviews

About DiscoverStrength

"Discover
Discover Strength Franchising LLC offers individual unit franchises for the development and operation of a Discover Strengthâ„¢ business offering no-compromise strength training experiences to customers of all ages through one-on-one and small group training sessions, and other related services and products. 
We will guide you as you select and build out your own Discover Strength studio: Streamlined prototypes range from 1,600 to 2,200 square feet. A concept that can work in a variety of shopping centers and other lifestyle-centric locations. No locker rooms, treadmills, showers, or pools. The Discover Strength model offers an incredible value proposition by producing higher revenue per square foot than the vast majority of retail, restaurant, and fitness business models.



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.