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 |
Investment |
$271,250 - $481,000 | $304,082 - $705,027 |
Franchise Fee |
$49,000 | $49,500 |
Royalty Fee |
6% | - |
Advertising Fee |
2% | - |
Year Founded |
2020 | 2015 |
Year Franchised |
2020 | 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 DiscoverStrength
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'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.