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Updated RecentlyHard Exercise Works vs Spenga Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Hard Exercise Works vs Spenga including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $136,273 - $486,897 | $304,082 - $705,027 |
| Franchise Fee | $29,900 | $49,500 |
| Royalty Fee | - | - |
| Advertising Fee | - | - |
| Year Founded | 2011 | 2015 |
| Year Franchised | 2011 | 2015 |
| Term Of Agreement | - | - |
| Term Of Agreement | - | - |
| Renewal Fee | - | - |
Business Experience Requirements |
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| Experience | - | - |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | -/- | -/- |
| Start-up Costs | -/- | -/- |
| Equipment | -/- | -/- |
| Inventory | -/- | -/- |
| Receivables | -/- | -/- |
| Payroll | -/- | -/- |
Training & Support |
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| Training | - | - |
| Support | - | - |
| Marketing | - | - |
| Operations | - | - |
Expansion Plans |
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| US Expansion | Yes | Yes |
| Canada Expansion | - | - |
| International Expansion | - | - |
Company Overviews
About Hard Exercise Works
!["Hard]("https://fddexchange.com/wp-content/uploads/2020/06/Hard-Exercise-Works-300x83.png")
At Hard Exercise Works, we guide our members to do exactly that through
bootcamp-style group training. Their success is our success.
That’s why
so many of our franchise owners are former members!
The Franchise Business you will own and operate is a fitness business
that offers nutrition accountability programs, group training programs
and other fitness services (based on similar principles as U.S. Navy
S.E.A.L. workouts) to get members into shape operating under the trade
name “Hard Exercise Works®”.
About Spenga
!["Spenga]("https://fddexchange.com/wp-content/uploads/2021/01/Spenga-300x68.png")
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.