Metro 24/7 Fitness vs Spenga Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Metro 24/7 Fitness vs Spenga including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Metro 24/7 Fitness Franchise
Spenga Franchise
Investment $200,000 - $410,000$304,082 - $705,027
Franchise Fee N/A$49,500
Royalty Fee --
Advertising Fee --
Year Founded 20042015
Year Franchised 20092015
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements

 
Metro 24/7 Fitness Franchise
Spenga Franchise
Experience --

Financing Options

 
Metro 24/7 Fitness Franchise
Spenga Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support

 
Metro 24/7 Fitness Franchise
Spenga Franchise
Training Yes-
Support Yes-
Marketing --
Operations --

Expansion Plans

 
Metro 24/7 Fitness Franchise
Spenga Franchise
US Expansion -Yes
Canada Expansion --
International Expansion --

Company Overviews

About Metro 24/7 Fitness

Status Permanently Closed Be Part of an Innovative Nationa/ / International Fitness Business Be part of the Future Be Part of The New Generation of National/International Fitness Center Chains Be an Franchisee Be an Investor Join "Team Metro" For More Information, Contact us at: [email protected] or [email protected]

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.