SPENGA

SPENGA

Franzy VerifiedInformation based on 2026 FDD

Fitness · Fitness Studios

Investment min
$480.3K
Total: $480.3K–$789.6K
Avg gross revenue
$836.4K
Unit-level, 2026
Franchise fee
$49.5K
Veteran discount available
Royalty
7%
of gross revenue
Locations
44
Franchising since 2015

Description

What is SPENGA?

Fitness studio combining spin, strength training, and yoga in a single 60-minute session

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 strongest presence is in the Midwest, the brand's region of origin and area of densest concentration. Illinois is the top state, with the Chicago metropolitan area representing the leading market and the brand's founding location. Densest clustering appears in the Chicago metro and suburbs. The brand favors suburban retail and strip-center placement rather than urban core locations, with co-tenancy alongside retail and service uses that draw repeat local traffic. Growth has followed scattered single- and multi-unit development across other U.S. metros rather than uniform national coverage. The concept targets suburban trade areas with middle- to upper-middle-income populations able to support discretionary monthly boutique fitness memberships. Prospective franchisees should validate local demand for all-in-one group fitness formats and confirm that the trade area can sustain recurring-membership boutique studio economics.
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 was founded in 2015 and operates 44 units. The initial investment ranges from $480,280 to $789,595, with a franchise fee of $49,500. Reported gross revenue is $836,381. The brand's footprint reflects a boutique fitness studio model requiring dedicated retail space with build-out for three distinct workout zones: spin, strength, and yoga. The capital requirement supports equipment installation, studio flooring, and interior modifications to accommodate the multi-discipline format. Growth has followed multi-unit franchisee development in individual metros rather than uniform national expansion. The investment level is consistent with boutique fitness concepts requiring specialized fit-out and equipment across multiple training modalities within a single location.
Did you know? SPENGA is a fitness studio concept founded in 2015. The initial investment ranges from $480,280 to $789,595. The franchise fee is $49,500. The brand combines three workout disciplines—spin, strength, and yoga—within a single session, requiring retail space with build-out for multiple training zones.

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

$480.3K–$789.6K
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
$696.9K
YOY change (2024 -> 2026)
+25%

According to Item 19 of the Franchise Disclosure Document, SPENGA has an average gross revenue of $836.4K. (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.)

Over time

-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
$836.4K avg revenue · 44+ US franchises