Legends Boxing vs Spenga Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Legends Boxing vs Spenga including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Legends Boxing Franchise
Spenga Franchise
Investment $313,951 - $734,835$304,082 - $705,027
Franchise Fee $51,900$49,500
Royalty Fee --
Advertising Fee --
Year Founded 20172015
Year Franchised 20172015
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements

 
Legends Boxing Franchise
Spenga Franchise
Experience --

Financing Options

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

Training & Support

 
Legends Boxing Franchise
Spenga Franchise
Training --
Support --
Marketing --
Operations --

Expansion Plans

 
Legends Boxing Franchise
Spenga Franchise
US Expansion YesYes
Canada Expansion --
International Expansion --

Company Overviews

About Legends Boxing

"Legends

The Legends Boxing brand has “put in the hard yards” to ensure that the franchise owner has a spectacular fitness club that provides its members with a safe, respectful, and cutting-edge atmosphere. When you franchise with Legends, you receive a full-service real estate team, prompt turnkey construction processes, a marketing plan that quickly grows membership, ongoing training and support, and a proven business model to follow.

The total investment necessary to begin operation of a Legends Boxing franchise is approximately $313,951 to $621,035. This includes $64,850 that must be paid to the franchisor or their affiliates.
The total investment necessary to begin operation under a Legends Boxing area development agreement is approximately $366,951 to $734,835 for 3-5 Franchised Businesses within a Development Area (with 2 as the minimum). This includes $117,850 to $178,650 that must be paid to the franchisor or their affiliates.




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.