Fit after Fifty vs Spenga Franchise Comparison

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

Start-Up Costs and Fees

 
Fit after Fifty Franchise
Spenga Franchise
Investment $39,800 - $47,200$304,082 - $705,027
Franchise Fee N/A$49,500
Royalty Fee --
Advertising Fee --
Year Founded 20032015
Year Franchised 20042015
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements

 
Fit after Fifty Franchise
Spenga Franchise
Experience --

Financing Options

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

Training & Support

 
Fit after Fifty Franchise
Spenga Franchise
Training --
Support --
Marketing --
Operations --

Expansion Plans

 
Fit after Fifty Franchise
Spenga Franchise
US Expansion -Yes
Canada Expansion --
International Expansion --

Company Overviews

About Fit after Fifty

Fit After 50 is a simple and satisfying business to own. With just a small investment it can provide a good return to the studio owner. The primary skills required to be a successful franchisee are an entrepreneurial background and the desire to have fun! You spend your days enjoying a non-stressful, healthy, social environment. You experience the rewards of witnessing improvements to your members\' health and well being. Basically, this is a "feel good, do good" business....and you\'re working for yourself!

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.