SPENGA Franchise FDD, Profits & Costs (2025)
SPENGA is a distinctive fitness franchise that integrates spin, strength training, and yoga into a comprehensive 60-minute workout aimed at delivering top-notch physical fitness.
Founded with a focus on blending these three crucial components of fitness—cardio, strength, and flexibility—SPENGA offers a unique approach in the fitness industry, distinguishing itself from other workout routines.
This integrated workout experience is aptly captured in its slogan, “Ride, Rep, Revive,” underscoring its commitment to a balanced fitness regimen.
Headquartered in Chicago, Illinois, SPENGA began franchising shortly after its establishment, propelled by the collective expertise of its founders who have significant experience in the fitness industry, dating back to 2003.
The most profitable franchises to own in 2025
We have compiled the list of the top 400 franchises across 9 industries. Download the report below.
Initial Investment
How much does it cost to start a Spenga franchise? It costs on average between $287,000 – $861,000 to start a Spenga franchised studio.
These initial investment costs typically cover construction, fitness equipment, studio inventory, and initial operating expenses.
The specific amount varies based on factors like studio location, whether the franchisee chooses to lease or purchase the property, and any customizations made to meet local market needs and branding requirements.
| Type of Expenditure | Amount |
|---|---|
| Initial Franchise Fee | $49,500 |
| Lease – Security Deposit | $5,425 – $19,966 |
| Lease Expenses – 3 Months | $0 – $59,898 |
| Leasehold Improvements | $92,000 – $495,913 |
| Fitness Equipment – Initial Payment (lease or financing agreement) | $17,600 – $36,200 |
| Fitness Equipment – Ongoing Payments (3 months under relevant agreement) | $8,820 – $10,626 |
| Other Equipment Furniture, Fixtures, and Equipment | $7,832 – $12,669 |
| Grand Opening Marketing Expense and Pre-Opening Activity Expenses | $20,000 – $30,000 |
| Signage | $13,500 – $24,000 |
| Computer Hardware and Software | $4,000 – $6,000 |
| Opening Supplies | $1,700 – $2,100 |
| Insurance | $1,200 – $4,000 |
| Other Deposits Including: Utilities, Banks/Credit Card Companies, Lease Equipment, Vendors, Alarm Company, and Telephone | $1,000 – $2,000 |
| Professional Fees | $2,500 – $5,000 |
| Initial Training Expenses | $1,000 – $4,000 |
| Additional Permits, Approvals and Qualifications (if and as applicable) | $250 – $1,000 |
| Initial Inventory of Retail Items | $4,000 – $6,500 |
| Audio Video Package | $44,750 – $50,750 |
| Employee Recruiting | $2,000 – $7,500 |
| Construction Design and Review Compliance | $0 – $5,000 |
| Sound Engineer Consulting | $0 – $3,500 |
| Additional Funds – 3 Months | $10,000 – $25,000 |
| Total | $287,000 – $861,000 |
Average Revenue (AUV)
How much revenue can you make with a Spenga franchise? A Spenga franchised facility makes on average $583,000 in revenue (AUV) per year.
Here is the extract from the Franchise Disclosure Document:
This compares to $401,000 yearly revenue for similar fitness studio franchises.
Below are a few competitors as a comparison:
The most profitable franchises to own in 2025
We have compiled the list of the top 400 franchises across 9 industries. Download the report below.
Spenga Franchise Disclosure Document
Frequently Asked Questions
How many Spenga locations are there?
As of the latest data, SPENGA operates fewer than 100 locations across the United States. The majority of these studios are franchise-owned, with a smaller number managed directly by the company.
What is the total investment required to open a Spenga franchise?
The total investment required to open a Spenga franchise ranges from $287,000 to $861,000.
What are the ongoing fees for a Spenga franchise?
SPENGA franchisees pay an ongoing royalty fee, set at 7% of Net Cash In (NCI) or a minimum of $1,000 per month. Additionally, they contribute up to 2% of NCI to the Brand Development Fund for national marketing.
Franchisees are also required to spend between $3,000 and $4,000 monthly on local marketing to support membership growth in their area. These fees support both brand consistency and local market success.
What are the financial requirements to become a Spenga franchisee?
To qualify as a SPENGA franchisee, you are required to have a minimum net worth of $500,000 and at least $250,000 in liquid capital.
These financial thresholds ensure that franchisees possess the necessary resources to support the initial investment and ongoing operational expenses associated with establishing and running a SPENGA studio.
How much can a Spenga franchise owner expect to earn?
The average gross sales for a Spenga franchise are approximately $0.58 million per location. Assuming a 15% operating profit margin, $0.58 million yearly revenue can result in $87,000 EBITDA annually.
Who owns Spenga?
SPENGA is a privately held company. Founded in 2015, it operates under a franchise model, with numerous studios owned and managed by individual franchisees across various locations.
This structure allows local owners to bring SPENGA’s unique fitness experience to their communities while maintaining the brand’s core values and workout methodology.
Disclaimer
Disclaimer: This content has been made for informational and educational purposes only. We do not make any representation or warranties with respect to the accuracy, applicability, fitness, or completeness of the information presented in the article. You should not construe any such information or other material as legal, tax, investment, financial, or other professional advice. Nothing contained in this article constitutes a solicitation, recommendation, endorsement, advertisement, or offer to buy or sell any franchises, securities, or other financial instruments in this or in any other jurisdiction in which such solicitation or offer would be unlawful under the franchise and/or securities laws of such jurisdiction.
All content in this article is information of a general nature and does not address the detailed circumstances of any particular individual or entity. Nothing in the article constitutes professional and/or financial and/or legal advice, nor does any information in the article constitute a comprehensive or complete statement of the matters discussed or the law relating thereto. You alone assume the sole responsibility of evaluating the merits and risks associated with the use of any information or other content in this article before making any decisions based on such information or other content.
