IM=X Pilates Studio vs Spenga Franchise Comparison

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

Start-Up Costs and Fees

 
IM=X Pilates Studio Franchise
Spenga Franchise
Investment $66,000 - $150,000$304,082 - $705,027
Franchise Fee $22,000$49,500
Royalty Fee Varies-
Advertising Fee --
Year Founded 19942015
Year Franchised 20032015
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee --


Business Experience Requirements

 
IM=X Pilates Studio Franchise
Spenga Franchise
Experience
  • Industry experience
  • -

    Financing Options

     
    IM=X Pilates Studio Franchise
    Spenga Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/No-/-
    Start-up Costs No/No-/-
    Equipment No/Yes-/-
    Inventory No/Yes-/-
    Receivables No/No-/-
    Payroll No/No-/-

    Training & Support

     
    IM=X Pilates Studio Franchise
    Spenga Franchise
    Training --
    Support Toll-free phone line, Internet, Field operations/evaluations, Purchasing cooperatives-
    Marketing Co-op advertising, Ad slicks, National media-
    Operations --

    Expansion Plans

     
    IM=X Pilates Studio Franchise
    Spenga Franchise
    US Expansion -Yes
    Canada Expansion No-
    International Expansion Yes-

    Company Overviews

    About IM=X Pilates Studio

    The IM=X Pilates Franchise is a turn-key business that offers chiropractors, physical therapists, sports medicine M.D.s and personal trainers a unique opportunity to enter the pilates, fitness and exercise rehabilitation industry.

    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.