MD Diet Weight Loss & Nutrition vs Spenga Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of MD Diet Weight Loss & Nutrition vs Spenga including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
MD Diet Weight Loss & Nutrition Franchise
Spenga Franchise
Investment $100,000$304,082 - $705,027
Franchise Fee N/A$49,500
Royalty Fee --
Advertising Fee --
Year Founded -2015
Year Franchised -2015
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements

 
MD Diet Weight Loss & Nutrition Franchise
Spenga Franchise
Experience --

Financing Options

 
MD Diet Weight Loss & Nutrition Franchise
Spenga Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support

 
MD Diet Weight Loss & Nutrition Franchise
Spenga Franchise
Training --
Support --
Marketing --
Operations --

Expansion Plans

 
MD Diet Weight Loss & Nutrition Franchise
Spenga Franchise
US Expansion -Yes
Canada Expansion --
International Expansion --

Company Overviews

About MD Diet Weight Loss & Nutrition

MD Diet Weight Loss and Nutrition Centers are committed to providing our patients with the best quality information, services, and nutritional products. Our commitment to science and research has helped us establish a variety of weight loss methods, ensuring that we can find the optimal method to suit a patients specific needs. Currently there are several MD Diet Weight Loss and Nutrition Centers operating in two states and we are now planning an aggressive expansion of our operations through the western United States. It has been estimated that about 45 million Americans diet each year and this sector spends up to $2 billion per year on wight-loss programs. According to the Center for Disease Control America has experienced a dramatic increase in overweight individuals in the past 20 years, and that in 2008, only one state had a prevalence of obesity less than 20%. The results is that the diet and nutrition industry has seen a tremendous amount of growth and, as an MD Diet Weight Loss and Nutrition Franchisee, you'll receive the training, support, and tools needed to succeed in the weight loss and nutrition market.

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.