World Gym International vs Spenga Franchise Comparison

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

Start-Up Costs and Fees
 
World Gym International Franchise
Spenga Franchise
Investment $852,000 - $2,975,000$304,082 - $705,027
Franchise Fee $25,000$49,500
Royalty Fee $1,000/mo.-
Advertising Fee included-
Year Founded 19762015
Year Franchised 19822015
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements
 
World Gym International Franchise
Spenga Franchise
Experience --

Financing Options
 
World Gym International Franchise
Spenga Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/Yes-/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support
 
World Gym International Franchise
Spenga Franchise
Training On-The-Job Training: 7 days Classroom Training: 5 days -
Support Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations -
Marketing Co-op Advertising Ad Templates-
Operations Absentee Ownership Allowed

Number of Employees Required to Run: 15

-

Expansion Plans
 
World Gym International Franchise
Spenga Franchise
US Expansion YesYes
Canada Expansion --
International Expansion Yes-

Company Overviews

About World Gym International

With a heritage that traces back to the glory days of Muscle Beach in Los Angeles, CA, World Gym has been keeping people fit and changing lives for over 40 years. Our experience runs deep. World Gym knows the difference between cheap fads and time-proven techniques. We’ve learned the best ways to get your hearts pounding and your adrenaline pumping. World Gym makes sure all of our gyms have all the tools you need to perform your best.
World Gym's Mission: To provide the finest level of service in the fitness community with special emphasis on top-level fitness and proven results.

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.