RedLine Athletics vs Spenga Franchise Comparison

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

Start-Up Costs and Fees
 
RedLine Athletics Franchise
Spenga Franchise
Investment $245,733 - $452,483$304,082 - $705,027
Franchise Fee $39,000$49,500
Royalty Fee 7%-
Advertising Fee 1%-
Year Founded 20132015
Year Franchised 20132015
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements
 
RedLine Athletics Franchise
Spenga Franchise
Experience --

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

Training & Support
 
RedLine Athletics Franchise
Spenga Franchise
Training On-The-Job Training: 20 hours Classroom Training: 20 hours -
Support Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Franchisee Intranet Platform -
Marketing Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing -
Operations --

Expansion Plans
 
RedLine Athletics Franchise
Spenga Franchise
US Expansion YesYes
Canada Expansion --
International Expansion --

Company Overviews

About RedLine Athletics

Your own business in sports and fitness is within reach. RedLine Athletics specializes in training young athletes in the 8-18 year old age range. RedLine Athletics occupies a unique niche in the $38 Billion Dollar fitness industry. An estimated 35 million children participate in youth sports every year. There is a tremendous need and demand for specialized fitness and athletic training for the 8 -18 year old market.
Youth sports represents a large industry, conservatively estimated at $5 billion a year in the United States alone. With huge demand for services and no clear market leader, now is the right time to capture this young, growing and highly fragmented market.

Veteran Incentives  10% off franchise fee

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.