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 |
Investment |
$313,951 - $734,835 | $304,082 - $705,027 |
Franchise Fee |
$51,900 | $49,500 |
Royalty Fee |
- | - |
Advertising Fee |
- | - |
Year Founded |
2017 | 2015 |
Year Franchised |
2017 | 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 |
- | - |
Company Overviews
About Legends Boxing
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'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.