*YogaSix vs Spenga Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of *YogaSix vs Spenga including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$279,997 - $571,681 | $304,082 - $705,027 |
Franchise Fee |
$60,000 | $49,500 |
Royalty Fee |
7% | - |
Advertising Fee |
2% | - |
Year Founded |
2012 | 2015 |
Year Franchised |
2018 | 2015 |
Term Of Agreement |
- | - |
Term Of Agreement |
- | - |
Renewal Fee |
- | - |
Business Experience Requirements |
Experience |
- | - |
Financing Options |
|
In-House/3rd Party | In-House/3rd Party |
Franchise Fees |
-/- | -/- |
Start-up Costs |
-/- | -/- |
Equipment |
-/- | -/- |
Inventory |
-/- | -/- |
Receivables |
-/- | -/- |
Payroll |
-/- | -/- |
Training & Support |
Training |
- | - |
Support |
- | - |
Marketing |
- | - |
Operations |
- | - |
Expansion Plans |
US Expansion |
Yes | Yes |
Canada Expansion |
- | - |
International Expansion |
Yes | - |
Company Overviews
About *YogaSix
Yoga Six Franchise, LLC offers for sale a franchise to establish and
operate a fitness studio that offers and provides indoor yoga
classes/instruction and other related exercise classes under the
franchisor’s then-current proprietary marks, which currently includes
our principal mark
Yoga Six
The total investment necessary to begin operations of a Studio
franchise ranges from $279,997 to $496,681. This amount includes
$121,558 and $130,258 must be paid to the franchisor or its affiliate
prior to opening.
The total investment necessary to develop multiple Studios under the
franchisor’s form of area development agreement depends on the number of
franchises the franchisor grants you the right to open, which in all
cases will be three or more under this Disclosure Document. The total
investment necessary to enter into an area development agreement for the
right to develop three Studios is $354,997 and $571,681 which includes
a development fee of $135,000 that is paid to the franchisor or their
affiliates prior to opening, and the total estimated initial investment
to begin operation of your initial Studio.
.About 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.