Journey 333 vs Spenga Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Journey 333 vs Spenga including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$83,500 - $245,000 | $304,082 - $705,027 |
Franchise Fee |
$30,000 | $49,500 |
Royalty Fee |
- | - |
Advertising Fee |
- | - |
Year Founded |
2018 | 2015 |
Year Franchised |
2018 | 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 Journey 333
Operate a Journey 333® Fitness training facility with a focus on group personal coaching using the Journey 333 business system.
The total investment necessary to begin operation of Journey 333 Fitness
franchise is $83,500 to $245,000. This includes $30,000 that must be
paid to the franchisor or an affiliate.
The franchisor offers qualified individuals the right to own and operate
multiple facilities in a designated development area by entering into
an Area Development Agreement (ADA). The total initial investment
necessary to begin operating under the ADA will vary depending on the
number of Facilities to be opened in your designated development area.
The development fee due under the ADA is equal to $30,000 multiplied by
the number of Facilities you commit to opening under the ADA.
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.