SPENGA

SPENGA

Franzy VerifiedInformation based on 2026 FDD

Fitness · Fitness Studios

Investment min
$480K
Total: $480K–$790K
Avg gross revenue
$836K
Unit-level, 2026
Franchise fee
$50K
Veteran discount available
Royalty
7%
of gross revenue
Locations
44
Franchising since 2015

Description

What is SPENGA?

SPENGA represents a revolutionary approach to boutique fitness, combining three essential elements of fitness into one powerful 60-minute workout: Spin, Strength Training, and Yoga (SPE-N-GA). This innovative concept has been transforming the fitness industry since 2014, offering a comprehensive workout solution that stands out in the crowded fitness studio market.

What makes SPENGA unique is its scientifically-designed format that delivers cardiovascular, strength, and flexibility training in a single session. Members begin with an energetic spin session that boosts cardio endurance, transition to strength training that builds lean muscle, and conclude with revitalizing yoga sequences that enhance flexibility and promote recovery.

The studio environment is thoughtfully crafted to provide an elevated fitness experience, featuring state-of-the-art equipment, aromatherapy, and carefully curated playlists that energize and motivate members throughout their workout journey. SPENGA's dedicated instructors are extensively trained to deliver exceptional guidance across all three disciplines, ensuring members receive expert coaching and maintain proper form.

As a franchise opportunity, SPENGA offers a proven business model that capitalizes on the growing demand for efficient, results-driven fitness solutions. The brand has cultivated a loyal following by delivering measurable results and creating a supportive community atmosphere where members feel encouraged and inspired. With its distinctive approach to total-body fitness and strong market positioning, SPENGA continues to expand its presence across the United States, helping franchisees build successful businesses while promoting healthier communities.
  • Three-discipline workouts
  • Cardio strength flexibility combo
  • Time-efficient class format
  • All-in-one training model
  • Boutique group fitness
  • Membership-based studio

Location Analysis

Where SPENGA wins

SPENGA's footprint is concentrated in the Midwest, with Illinois serving as both the founding state and primary market. The brand exhibits its densest clustering in Chicago-area suburbs, a pattern rooted in its Oak Park, Illinois origin. Beyond this home region, the system includes scattered locations in Sun Belt and Southeast markets, though these remain secondary to the Midwest core. The clustering data indicate that franchisees often develop multiple suburban studios within the same metro area, leveraging proximity for operational efficiency and brand reinforcement. The business model appears oriented toward suburban strip centers and lifestyle centers rather than urban cores, aligning with the commuter-suburb demographics the brand targets: working professionals, busy parents, and households already comfortable with boutique fitness memberships. Location requirements include single-room layouts that accommodate spin bikes, strength equipment, and yoga space, along with locker, shower, and reception areas typical of premium studios. Co-tenancy with wellness and everyday retail is noted as a traffic driver. No official population or income thresholds are published, leaving site-selection criteria open to interpretation. Review ratings and volume are not provided, so customer sentiment cannot be assessed. Prospective franchisees should conduct territory-level validation of membership pricing tolerance, competitive saturation, and the availability of qualified instructors across all three disciplines before committing to a site.
Total Locations
45
Franchise units
44
Corporate locations
1
Avg. sq. footage
3,000-4,000 sq. ft

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Availability
CanadaInternational

Financial Analysis

The numbers behind SPENGA

Avg gross revenue$836,381
Investment range$480,280 – $789,595
Investment midpoint$634,938
Brand fund2%
Royalty7%
Franchise fee$49,500
Min. net worth$500,000
Min. liquid capital$250,000

Veteran discount available

SPENGA participates in a veteran discount program on the franchise fee. Ask your Franzy advisor or the brand for current eligibility and terms.

SPENGA's investment range of $480,280–$789,595 with a uniform $49,500 franchise fee positions it in the mid-to-upper tier of boutique fitness studios, reflecting the capital requirements for a hybrid concept that integrates spin, strength training, and yoga into a single facility. Founded in 2015 with 44 units as of the data date, the brand demonstrates steady but measured expansion typical of specialized studio formats that require franchisees to master three distinct modalities under one roof. Reported gross revenue of $836,381 per location offers a revenue benchmark but cannot be interpreted as evidence of profitability, margin strength, or return timelines without corresponding expense, labor, and occupancy data. The all-in-one model may appeal to operators seeking differentiation in crowded fitness markets, yet it also introduces operational complexity—staffing certified instructors across multiple disciplines, scheduling three concurrent class formats, and maintaining diverse equipment inventories. Franchisees developing clustered suburban studios within a single metro may capture localized brand awareness and share back-office resources, but each location still carries the full build-out and staffing burden. Prospective investors should model labor costs for multi-skilled instruction, validate membership pricing against local boutique benchmarks, and assess whether the triathlon-inspired format commands a premium sufficient to offset higher operational overhead.
Did you know? SPENGA is a fitness studio franchise offering a hybrid spin, strength, and yoga concept. The total investment ranges from $480,280 to $789,595, with a franchise fee of $49,500. Founded in 2015, the brand has grown to 44 units, with its strongest presence in the Midwest and Illinois.

Financing partners

Vetted partners, tailored to franchisees

Your Franzy advisor can connect you with these partners later in the process — competitive rates, specialized in franchise financing.

FranFund

Lender

CRF USA

Nonprofit SBA lender; provides financing for franchise acquisitions, startups, and expansion.

Lender

First Bank of the Lake

Lender

Pension Pros

Lender

The model

How SPENGA works

01
Ownership
Ownership model not specified.
02
Revenue
Recurring revenueTransaction-basedBig-ticket salesService-basedProduct sales (retail)Hybrid model
03
Customer
B2B

Sells to businesses, contractors, or property owners.

B2C

Sells directly to consumers and homeowners.

Mixed

Serves both businesses and consumers.

FDD Item 7

Initial investment range

$480K–$790K
Most common
$480,280
Minimum
$634,938
Midpoint
$789,595
Maximum

The investment range midpoint (from range reported on Item 7) is $634,938 and financing can reduce cash-at-close by 80–90%.

FDD Item 19

Average gross sales

Avg
$697K
YOY change (2024 -> 2026)
+25%

According to Item 19 of the Franchise Disclosure Document, SPENGA has an average gross revenue of $836K. (Note: This information is based on the latest FDD in our records. Please review the Franchise Disclosure Document (FDD) and confirm this information directly with the brand. We make no claims of accuracy for the information presented.)

Growth over time

Franchise footprint

-24% YoY
44 units open as of 2026 FDD-14 in last 12 mo

2026 Franchise Disclosure

FDD documents

Below are items 2, 3, 4, 7, 11 and 19 for SPENGA's 2026 FDD. The complete FDD is delivered to you directly by the franchisor, per the FTC Franchise Rule.

Estimated initial investment
FDD Item 7 · PDF
Financial performance representations
FDD Item 19 · PDF
Members-only items
Executive team
FDD Item 2 · PDF
Litigation
FDD Item 3 · PDF
Bankruptcy
FDD Item 4 · PDF
Franchisor assistance
FDD Item 11 · PDF
Members only
Unlock the 2026 FDD

Connect to download Items 2, 3, 4, and 11 — direct from the franchisor.

Buyer FAQs

Frequently asked questions

The initial investment for a SPENGA franchise typically ranges between $480,280.00 and $789,595.00. This includes the franchise fee, equipment, real estate, and other startup costs. To get a detailed breakdown and better understand the financial requirements, we recommend scheduling a call with the Franzy team. We'll walk you through the specifics and answer any questions you might have. For more detailed information, refer to the financial sections of the FDD.

Disclaimer. The information provided on this page is based on the latest Franchise Disclosure Document (FDD) we have on record, which was issued in 2026. This information is for informational purposes only and is not intended to constitute legal, financial, or business advice. We make no guarantees or claims regarding the completeness or accuracy. Only the franchisor can confirm that the information is complete and accurate and we recommend consulting the franchisor directly for the most recent FDD and regarding any questions that you may have about the information provided.

SPENGA
SPENGA
$836K avg revenue · 44+ US franchises

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