How many SPENGA franchise locations are there?

As of the 2025 FDD, SPENGA has 49 franchise locations. The company has been franchising since 2015.

Can you get an SBA loan for a SPENGA franchise?

Yes, SBA loans are available for SPENGA franchises. Historical data shows 64 SBA 7(a) loans have been approved for SPENGA franchisees, with an average loan amount of $540,759. The historical default rate is 12.5%.

Is SPENGA a good franchise to buy?

SPENGA shows several positive indicators: transparent financial performance data (Item 19). However, franchise success depends on many factors including location, local market conditions, and owner involvement. We recommend speaking with existing franchisees and consulting with a franchise attorney before making a decision.

SPENGA

Spenga franchises fitness studios that combine spin, strength training, and yoga to deliver cardiovascular, strength, and flexibility workouts in every session, utilizing proprietary marks, a business operations system, exercise equipment, fitness training services, and logoed merchandise. Studios are typically 3,000-4,000 sq. ft., located in high-traffic areas like shopping centers, and offer approved services and products to clients. The business model involves franchise fees, ongoing royalties, and marketing contributions, targeting health-focused consumers seeking multisensory, invigorating fitness experiences in a competitive market with other gyms and fitness facilities.

Locations

$552K–$790K

Investment

Since 2015

Franchising

ServicesHomer Glen, ILSpenga Ventures LLCwww.spenga.comDisclaimer

Franchise Costs

Franchise Fee

$49,500

Item 5 of FDD

Initial Investment Range

$552,267 – $789,595

Low: $552,267High: $789,595

Item 7 of FDD

Royalty Rate

7.00%

of gross sales

Brand Fund

2.00%

Item 6 of FDD

Fixed Monthly Fees

$1,835 – $1,935

Item 6 of FDD

7% royalty (or $1,000/mo min) + up to 2% brand fund + $1,835-$1,935/mo fixed fees (technology $350-450, POS $214, CRM $249, app $134, SEO $169, music $250, aroma $220, fitness tech $249)

Financial Performance

Item 19 Financial Performance

Data Based On: Data provided for various financial performance metrics for franchised studios and one affiliate studio for the 2024 calendar year, with sample sizes varying per metric. The primary sample size for franchised studios referenced for multiple metrics is 49. Specific revenue components for franchised studios include: Part V (Package Sessions & Challenge Revenue, 49 studios), Part VI (No Show & Late Cancel Revenue, 38 studios), and Part VII (Retail Revenue, 15 studios).

* The document provides financial performance representations, but a consolidated 'average_gross_revenue' or 'total NCI' for franchised studios is not explicitly stated or calculable from the provided fragmented data. Part I's total NCI and profit figures are explicitly for the 'Affiliate Studio Only'. Parts V, VI, and VII provide average revenue figures for specific components (Package Sessions, No Show/Late Cancel, Retail) for varying numbers of franchised studios, but these cannot be reliably summed to represent total gross revenue for a single, consistent sample of franchised units. Part X mentions 'average, median, high, and low NCI generated during 2024 for the 33 Franchised Studios', but the specific dollar amounts are not present in the OCR output. As such, core financial metrics for franchised units are set to null.

Extracted Item 19 Section

How SPENGA Compares

Key Insights

Higher investment than 84% of Fitness Studios franchises
Lower than average SBA loan default rate in Fitness Studios

Franchise	Investment	Fee	Royalty	Locations
SPENGA Current	$552K – $790K	$50K	7.0%	49
Planet Fitness	$1.5M – $5.2M	$20K	7.0%	2,298
ANYTIME FITNESS	$459K – $908K	$43K	N/A	2,290
F45 Training	$349K – $786K	$60K	7.0%	751
Pure Barre	$314K – $629K	$60K	7.0%	617
HOTWORX	$259K – $878K	$20K	N/A	578
Fitness Studios Average 55 franchises	$425K – $1.0M	$47K	6.9%	–

* Comparison based on latest FDD filings. Investment ranges from Item 7, fees from Item 5. Showing top 5 of 55 Fitness Studios franchises by location count.

Locations & Growth

Outlet Growth Over Time

Total outlets at end of each year

Geographic Distribution (2024)

Outlets by state across the United States

Top States

1TX

2FL

3OH

4CO

5CA

6NC

7IL

8IN

9GA

10NJ

11AZ

12IA

13MA

14MI

15MN

+10 more states

SBA Loan History

Historical SBA 7(a) loan data for SPENGA franchisees (2017 – 2025)

Total Loans

Average Loan

$540,759

Total Volume

$34.6M

Default Rate

12.5%

Loans by Year

SBA 7(a) loan activity over time

* Data sourced from SBA 7(a) FOIA loan records. Default rate calculated from charged-off loans.

Franchisee Contacts

47 franchisee contacts on file from official FDD filings.

Name	Address	Phone	Email	SBA Loan
John Smith ABC Franchise LLC	123 Main St Anytown, CA 90210	(555) 123-4567	john@example.com	$350,000 2023 · Active
John Smith ABC Franchise LLC	123 Main St Anytown, CA 90210	(555) 123-4567	john@example.com	$350,000 2023 · Active
John Smith ABC Franchise LLC	123 Main St Anytown, CA 90210	(555) 123-4567	john@example.com	$350,000 2023 · Active
John Smith ABC Franchise LLC	123 Main St Anytown, CA 90210	(555) 123-4567	john@example.com	$350,000 2023 · Active
John Smith ABC Franchise LLC	123 Main St Anytown, CA 90210	(555) 123-4567	john@example.com	$350,000 2023 · Active

47 Contacts Available

Unlock all SPENGA franchisee contacts with verified contact information

Due Diligence

Litigation (Item 3)

Franchisee Cases3

Suits by franchisor against franchisees to enforce personal guaranties and enter consent judgments.

Bankruptcy (Item 4)

Bankruptcy HistoryNo

No bankruptcy history reported

System Health (Item 20)

Franchise system changes reported in the most recent fiscal year

Terminations

Non-Renewals

Reacquired

Ceased Ops

Transfers

Sold to Franchisees

Projected New

Frequently Asked Questions

The total initial investment to open a SPENGA franchise ranges from $552,267 to $789,595. This includes a franchise fee of $49,500. Ongoing royalty fees are 7.0% of gross sales.