*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

 
*YogaSix Franchise
Spenga Franchise
Investment $279,997 - $571,681$304,082 - $705,027
Franchise Fee $60,000$49,500
Royalty Fee 7%-
Advertising Fee 2%-
Year Founded 20122015
Year Franchised 20182015
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements

 
*YogaSix Franchise
Spenga Franchise
Experience --

Financing Options

 
*YogaSix Franchise
Spenga Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support

 
*YogaSix Franchise
Spenga Franchise
Training --
Support --
Marketing --
Operations --

Expansion Plans

 
*YogaSix Franchise
Spenga Franchise
US Expansion YesYes
Canada Expansion --
International Expansion Yes-

Company Overviews

About *YogaSix

"Yoga

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.


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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.