Tiger-Rock Martial Arts vs Spenga Franchise Comparison

In 1983, a group of martial-arts-school owners came together and formed the International Taekwondo Alliance to provide curriculum and operational support to others interested in opening schools in their own communities. The International Taekwondo Alliance was converted into a franchise program in 2008, under the new name Tiger-Rock Martial Arts. Franchises offer martial arts and fitness programs for children and adults.

The total investment necessary to begin operation of a Franchised Location is from $133,600 to $270,700. This includes $8,000 to $27,500 that must be paid to the franchisor or their affiliates.

The total investment necessary to enter into a Development Agreement is $23,500 to $48,000, for the right to develop 3 to 6 Franchised Locations. This includes $7,500 for each Franchised Location you agree to establish under the Development Agreement. For example, $22,500 to $45,000 must be paid to the franchisor or affiliate for the right to develop 3 to 6 Franchised Locations.

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.

#253 in Franchise 500 for 2021.   Not in Franchise 500 for 2020.