Plus Fitness 24/7 vs Spenga Franchise Comparison

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

Start-Up Costs and Fees
 
Plus Fitness 24/7 Franchise
Spenga Franchise
Investment $298,000 - And Up$304,082 - $705,027
Franchise Fee N/A$49,500
Royalty Fee --
Advertising Fee --
Year Founded 19982015
Year Franchised 19982015
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements
 
Plus Fitness 24/7 Franchise
Spenga Franchise
Experience --

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

Training & Support
 
Plus Fitness 24/7 Franchise
Spenga Franchise
Training --
Support --
Marketing --
Operations --

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

Company Overviews

About Plus Fitness 24/7

The only true 24 Hour Gym, Turn Key Franchise on the market, Plus Fitness 24/7 capitalizes on strong supplier relationships developed over its 16 years of trading in the Australian Fitness Industry. Plus Fitness provides the most competitively priced 24 Hour Gym Franchise with an initial investment as low as $269k including all gym equipment, aesthetic fitout, signage, access control and marketing

Plus Fitness 24/7 Business Franchise Model includes: *24/7 operation *Swipe card access *No contract memberships with highly competitive price points *Complimentary fitness assessment and fitness programs for all members *Non intimidating, clean environments *High level focus on security and safety of members *Equipment designed to suit those new to exercise as well as those more experienced in exercising *Facilities staffed during peak times *Audio and Visual remote monitoring 24 hours a day *State of the art, back to base duress system *Typically 200sqm to 600sqm in size *Placed in convenient locations

Offering a franchise model that provides fast breakevens, low staffing and impressive returns, Plus Fitness 24/7 is a 'lifestyle' business second to none.

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.