Xtend Barre vs Spenga Franchise Comparison

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

Start-Up Costs and Fees
 
Xtend Barre Franchise
Spenga Franchise
Investment $162,785 - $516,870$304,082 - $705,027
Franchise Fee $36,000$49,500
Royalty Fee 4% to 6%-
Advertising Fee --
Year Founded 20072015
Year Franchised 20072015
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements
 
Xtend Barre Franchise
Spenga Franchise
Experience COMMITMENT - We're looking for candidates who demonstrate a commitment to their clients, craft and community.

PASSION - All of our owners share a desire to improve not just their own well-being, but the well-being of their clients and staff as well.

EXPERIENCE - Have you helped build or lead a high performing team or organization in the past? That experience is exactly what we like to see.

STABILITY - You need both feet on the ground, before you can dance, so we like to make sure our owners have the financial stability they need to safely move forward.

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Financing Options
 
Xtend Barre Franchise
Spenga Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support
 
Xtend Barre Franchise
Spenga Franchise
Training --
Support --
Marketing --
Operations --

Expansion Plans
 
Xtend Barre Franchise
Spenga Franchise
US Expansion YesYes
Canada Expansion --
International Expansion Yes-

Company Overviews

About Xtend Barre

If you're anything like us... the idea of sitting behind a desk all day just doesn't feel right. You want to move. You want to be free. You want to trade that bunchy pantsuit for a comfy pair of yoga tights and hit the hardwood. You'll be in control; not just of your studio, but also of your life. Your Life on Point As a franchise owner, you will utilize and expand upon important business skills but have the freedom to set your own schedule and live a healthier, more active lifestyle. There's more than one way to bring Xtend Barre's unique energy and attitude to the barre. This is why we offer a series of innovative and dynamic programs to help our clients get their body on point. From custom Xtend Barre Pilates and Yoga programs, to Xtend Barre HIIT and TRX classes, the barre is just the beginning. Some of the resources available to new franchise owners include: * Hiring, retail and launch strategy and collateral * Comprehensive instructor training programs * Local, regional, and online continuing education programs * Sales, marketing and branding support * Launch strategy from pre-sale through grand opening * Studio staffing & management guidance You'll be able to surround yourself with engaging, like-minded individuals, who share your passion for motivating and inspiring others. The work you do will change lives and help shape the bodies and minds of countless individuals who enter your studio every day. In essence, this is more than just a great business opportunity, this is a chance to inspire, lead, motivate and take control of your life.

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.