“As a Franchise Broker, the biggest challenge I face is to truly match a Candidate to a Franchise brand. I have been successful at matching my clients, but this is a special story. My client Brian was not happy working for Corporate America, and fitness was his getaway, his stress relief. He went through back surgery and knew his current lifestyle of sitting down for too long and working for a company culture that was not aligned with his vision was not for him.
When I came across the Spenga Franchise brand, I knew that was it; low impact workout, offered variety, his market was prime for membership boutique fitness space, and he had what it takes to become a successful owner. Well, here we are, watch out for Brian, he is going to be opening 3 Spenga Franchises in the Boca Raton, Miami area. Congratulations!”
What is SPENGA?
SPENGA is the NEXT BIG BUSINESS in fitness. SPENGA offers a 60-minute workout separated into three components. 20 minutes for each Spin, Strength and Yoga. By using three separate workouts in one 60-minute timeframe, SPENGA clients stay more motivated and have more fun than other concepts that offer a singular training method for the full 60 minutes.
The SPENGA concept was designed with the consumers’ needs in mind, and we want to share this results-driven, uplifting, unique, fitness experience with as many individuals as possible. SPENGA is targeting all individuals looking to make the most out of their lives and their workouts. SPENGA offers a multisensory experience. As soon as you walk through the door you can see the attention paid to detail. This includes the inspiring design elements with space dedicated specifically to each element of the workout, invigorating aroma from the essential oils, and the DJ inspired playlists that create an incredible energy throughout the studio.
- Attractive EDITDA Margin
- Quick Profitability
- Hot Trend- Fitness is hot and boutique fitness is the fasting growing segment in the industry
- Boutique Fitness Chains have been adding new studios at a clip of 450% a year since 2010, Piper Jaffrey
- In 2015, 20% of all fitness memberships went to boutique fitness centers
- In 2016, 40% of all fitness memberships went to boutique fitness centers