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Updated RecentlyThe Barre Code vs Spenga Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of The Barre Code vs Spenga including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $190,500 - $411,800 | $304,082 - $705,027 |
| Franchise Fee | $49,500 | $49,500 |
| Royalty Fee | 6% | - |
| Advertising Fee | 1% | - |
| Year Founded | 2010 | 2015 |
| Year Franchised | 2012 | 2015 |
| Term Of Agreement | - | - |
| Term Of Agreement | - | - |
| Renewal Fee | - | - |
Business Experience Requirements |
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| Experience | - | - |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | -/Yes | -/- |
| Start-up Costs | -/Yes | -/- |
| Equipment | -/Yes | -/- |
| Inventory | -/Yes | -/- |
| Receivables | -/Yes | -/- |
| Payroll | -/Yes | -/- |
Training & Support |
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| Training | On-The-Job Training: 42 hours Classroom Training: 128 hours | - |
| Support | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform | - |
| Marketing | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app | - |
| Operations | Number of Employees Required to Run: 1 - 2 | - |
Expansion Plans |
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| US Expansion | Yes | Yes |
| Canada Expansion | - | - |
| International Expansion | - | - |
Company Overviews
About The Barre Code
Co-founders, Jillian and Ariana launched The Barre Code in 2010, with a shared passion for personal training and empowerment through positivity.
Franchising since 2012, we have grown from the inaugural location in
Chicago’s River North neighborhood to nearly 50 prosperous locations
across 17 states with thousands of members while generating national
media coverage. As The Barre Code continues to expand, one powerful
consistency remains: a dedication to helping transform people into their
strongest, fittest selves while supporting franchise owners to reach
their personal goals.
!["Entrepreneur]("https://d3fg11dgb68kbp.cloudfront.net/assets/photos/franchise-badge-22686037fc120ba1bd59c2c9fd6e0fbf.png"){kind=icon}
#195 in Franchise 500 for 2021.
About Spenga
!["Spenga]("https://fddexchange.com/wp-content/uploads/2021/01/Spenga-300x68.png")
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.