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

 
Journey 333 Franchise
Spenga Franchise
Investment $83,500 - $245,000$304,082 - $705,027
Franchise Fee $30,000$49,500
Royalty Fee --
Advertising Fee --
Year Founded 20182015
Year Franchised 20182015
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements

 
Journey 333 Franchise
Spenga Franchise
Experience --

Financing Options

 
Journey 333 Franchise
Spenga Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support

 
Journey 333 Franchise
Spenga Franchise
Training --
Support --
Marketing --
Operations --

Expansion Plans

 
Journey 333 Franchise
Spenga Franchise
US Expansion YesYes
Canada Expansion --
International Expansion --

Company Overviews

About Journey 333

"Journey

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

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.