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Updated RecentlyPhysique 57 vs Spenga Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Physique 57 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 | $284,537 - $615,551 | $304,082 - $705,027 |
| Franchise Fee | $50,000 | $49,500 |
| Royalty Fee | 7% | - |
| Advertising Fee | - | - |
| Year Founded | 2005 | 2015 |
| Year Franchised | 2019 | 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 | -/- | -/- |
| Start-up Costs | -/- | -/- |
| Equipment | -/- | -/- |
| Inventory | -/- | -/- |
| Receivables | -/- | -/- |
| Payroll | -/- | -/- |
Training & Support |
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| Training | On-The-Job Training: 40-185 hours Classroom Training: 45-100 hours | - |
| Support | Grand Opening Security/Safety Procedures Field Operations Site Selection | - |
| Marketing | Ad Templates Social media SEO Website development Email marketing | - |
| Operations | - | - |
Expansion Plans |
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| US Expansion | Yes | Yes |
| Canada Expansion | - | - |
| International Expansion | Yes | - |
Company Overviews
About Physique 57
!["Physique]("https://fddexchange.com/wp-content/uploads/2020/08/Physique-57.jpg")
With studios across the globe in the United States, Dubai, Bangkok, Manila, and Mumbai,
Physique 57 inspires clients of all ages to transform their bodies and
strive for optimal well-being by providing a dynamic, challenging and
empowering fitness experience.
Currently, the following states regulate the offer and sale of
franchises: California, Hawaii, Illinois, Indiana, Maryland, Michigan,
Minnesota, New York, North Dakota, Oregon, Rhode Island, South Dakota,
Virginia, Washington and Wisconsin. Physique57 may not be registered in
all of the registration states and may not offer franchises to residents
of those states or to persons wishing to locate a franchise in those
states. If you are a resident of or want to operate a franchise in one
of these states, we will not offer you a franchise unless and until we
have complied with applicable pre-sale registration and disclosure
requirements in your state.
Coming in 2021
Physique
57 delivers results in only 8 workouts as a result of our
scientifically based proprietary method. Efficient and effective for
busy women who want rapid, visible transformations that can be
maintained long term.
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.