{group_info=CarPool, Powered by FastLane, superpower_3=Recurring revenue model, superpower_4=Simplicity of operations, services_image_top_medium=https://commandcenter.franchisesidekick.com/brand_image/4915700570/services_image_medium, superpower_1=Unique workout experience with premier technology systems, territories_awarded=300, superpower_2=Semi-absentee operations, sks_open_locations_three_years_ago=23, registration_michigan=Registered, internal_name=Spenga, hs_created_by_user_id=27497380, strong_zee_sales_skills_are_required=No, sks_royalties_collected_last_year=959820, scheduling_link=https://meetings.hubspot.com/roger-mcgreal/spenga-intro-call-with-roger-mcgreal, marketing_website_url=https://www.franchisesidekick.com/brands/spenga, initial_item_19_overview=NCI (Revenue) Less Disclosed Cost & Expenses 2019 Item 19: $300,979.46 (41%)  2020 Item 19: $123,222 (26%) - Covid 2021 Item 19: $128,201 (25%), override_brand_summary_image=https://commandcenter.franchisesidekick.com/brand_image/4915700570/additional_background?variant=large, sales_contact_last_name=McGreal, services_image_top_large=https://commandcenter.franchisesidekick.com/brand_image/4915700570/services_image_large, main_contact_is_contract_signer=Yes, superpower_5=Proven Franchisor leadership with fitness experience, franchise_fee=49500, inventory_type=Priority, sks_number_of_franchisees=56, semi_absentee_ownership=Yes, sks_owner_benefit_percentage=25.12, two_minute_drill_url=https://www.franchisesidekick.com/two-minute-drills/spenga, year_founded=2015, hs_pipeline=11403875, industry=Fitness, franchise_offering_components=A manager can run the day-to-day operations;Recurring Revenue Model (membership, subscription);Defined Customer Acquisition program;Technology-driven;Founder or Leadership that have 10+ years of industry experience;Hiring & Recruiting support;A physical location is required (retail or office location), hs_object_source_label=CRM_UI, registration_maryland=Pending, currently_franchising=Yes, website=https://spenga.com/, preferred_funding_partner=FranFund, royalty_external=7%, corporate_location=Homer Glen, IL, functions_of_semi_absentee_owner=Managing Marketing Plans Hold the team accountable - Watch Scorecard and KPI’s Build community relationships and cross promotions Financial/Cash management Attend Franchise Summit – Once a year, item_19_highlights=Item 19 Earnings Claims NCI (Revenue) Less Disclosed Cost & Expenses 2024 Item 19: $308,049 (40%) , sales_contact_phone=773-550-6735, real_estate_description=3,500 to 4,500 sq ft. High trade areas and visibility (Class A & B real estate), starting_employees_number_3=6+, sks_royalties_collected_two_years_ago=422795, starting_employees_number_1=1, starting_employees_number_2=2-3, hs_lastmodifieddate=1755195525212, number_of_associated_contacts=4, contact_created=true, sold_out_markets=Chicago, IL Tampa, FL Scottsdale, AZ Denver, CO Omaha, NE Columbus, OH Nashville, TN Louisville, KY, sks_item_19_revenue=510262.86, group_health_insurance=No, has_group_contact=Yes, franchisee_weekly_hours_required=Full-Time (40 or more hours per week);Part-Time (20-40 hours per week), registration_virginia=Deferred - Not Taking Leads, target_customer=Fitness & Wellness Enthusiasts, sales_contact_email=rmcgreal@spenga.com, person_completing_2_minute_drill=Roger McGreal, day_to_day_operators=Franchisee;Manager/Supervisor, starting_employees_type_1=General Manager, starting_employees_type_2=Part-Time Managers, starting_employees_type_3=Part-Time Instructors, founder_name=Roger McGreal, onboarding_link=https://www.franchisesidekick.com/franchisor-onboarding-2-minute-drill?brand_name=Spenga, has_current_fdd=Yes, average_start_to_open_time=6-12 months, home_based=No, sks_open_locations_two_years_ago=42, hs_object_id=4915700570, name=SPENGA, sidekick_commission_4=59600, sidekick_commission_5=71200, sidekick_commission_2=40000, sidekick_commission_3=50000, group_contact_first_name=Amy, fun_facts=SPENGA is the first studio of its kind to put equal focus on Cardio-Strength-Flexibility all in one 60-minute workout., sidekick_commission_1=30000, registration_illinois=Deferred - Not Taking Leads, business_model_b2b_percentage=0%, contact_email=rmcgreal@spenga.com, fbr_survey_link=https://campaigns.franchisesidekick.com/fbr-survey-information?brand_name=Spenga, hs_createdate=1657039947060, display_on_website=true, registration_south_dakota=Not Registered, e2_visa_candidates=No, brand_summary=SPENGA is the NEXT BIG BUSINESS in fitness. SPENGA offers a 60-minute workout separated into three components. The workout consists of 20 minutes of spin, 20 minutes of strength and 20 minutes of yoga. The workout is enhanced by the SPENGA 'Sweet Spot' technology that keeps members engaged and competitive. SPENGA is the first studio to put equal focus on the three pillars of fitness (cardio, strength, and flexibility) all in one 60-minute workout. SPENGA clients stay engaged and have more fun than other concepts that offer a singular training method for the entire workout. SPENGA’s tagline is "Best. Workout. Ever" and we firmly believe this. SPENGA fills a void in the market by delivering cardiovascular, strength, and flexibility training all in one 60-minute workout. Consumers are constantly searching for the most efficient and effective fitness solution that will yield them the best results. 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 incredible energy throughout the studio. SPENGA is a community of like-minded individuals all looking to live their best lives and get the most out of their workouts. SPENGA offers a recurring revenue business with item 19 showing a positive six-figure return of $186k, as well as average, high, medium, and low stats for membership, lead volume, membership rates and NCI increases., company_locations_open=1, technology=[Job Management, Scheduling, CRM, Inventory Management, Billing, Logistics], employees_per_mature_location=10 or more employees, territory_description=7500 households with a $75,000 income, item_7_3_unit_high=859595, territory_check_email=spengaleads@carpoolbyfastlane.com, item_7_high=789595, application_invite_link=https://www.franchisesidekick.com/zor-application-invite?brand_name=Spenga, is_boring_offering=No, use_hubdb_brand_page=true, royalty=7%, registration_rhode_island=Registered, mapping_login_password=Fastlane00, current_franchisees=70, brand_group=CarPool - FFL, id=4915700570, group_contact_last_name=Roberts, in_house_financing=3rd Party Recommendations, business_category=Fitness/Health, mapping_login_user_name=fastlane2, registration_california=Deferred - Not Taking Leads, registration_new_york=Pending, working_with_other_brokers=Yes, required_liquid_capital=250000, hs_pipeline_stage=45068180, registration_wisconsin=Registered, billing_contact_last_name=McGreal, registration_washington=Pending, sks_open_locations_last_year=57, brand_fund_external=2%, veteran_discount=$5,000 off first unit franchise fee, hs_updated_by_user_id=27497380, service_2=Spin, superpowers=1. Unparalleled workout experience with Sweet Spot technology integration 2. Semi-absentee operations 3. Recurring revenue model 4. Quick rate of return 5. Proven Franchisor with fitness experience and Franchisee network collaboration Ideal Franchise, billing_contact_email=rmcgreal@spenga.com, service_3=Yoga, registration_north_dakota=Not Registered, service_4=Strength, sales_process=CarPool, Powered by FastLane discovery process 1. Intro Call 2. Unit Economics 3. FDD Review 4. Franchisee Validation & Leadership Calls 5. Territory Mapping 6. Confirmation Day Prep 7. Confirmation Day 8. Franchise Agreement Delivery 9. Welcome Call, brand_registration_notes=, service_1=Fitness Classes, territory_protection=Yes, sks_item_7_range_low=288605, registration_indiana=Registered, leads_email=spengaleads@carpoolbyfastlane.com, billing_contact_first_name=Roger, initial_broker_commissions=1 Unit: $30,000 2 Units: $40,000 3 Units: $50,000 4+ Units: 40% of total franchise fee collected, frick___fastlane_url=https://franchise-fastlane-web-portal.herokuapp.com/divisions/5, item_7_3_unit_low=550280, re_enroll_onboarding_reminder=false, white_logo=https://commandcenter.franchisesidekick.com/brand_image/4915700570/white_logo, open_locations_disclosed_in_item_19=Yes, group_contact_email=aroberts@franchisefastlane.com, item_19_data__2=$308,048.83, item_19_data__1=$776,461.36, item_7_low=480280, referral=Franchise FastLane, main_logo=https://commandcenter.franchisesidekick.com/brand_image/4915700570/main_logo, services_image_top_small=https://commandcenter.franchisesidekick.com/brand_image/4915700570/services_image_small, hs_object_source_user_id=27497380, year_started_franchising=2016, sks_locations_represented_in_item_19=51, use_backup_presentation_pdf=false, sks_years_franchising=2016, units_awarded_last_12_months=8, contact_phone=773-550-6735, page_title=SPENGA, approximate_break_even_time_frame=Franchisees validate breakeven as quickly as 3-5 months. Target based upon metrics is first 6 months but several 2022 launches have pre-sold to breakeven, main_background=https://commandcenter.franchisesidekick.com/brand_image/4915700570/main_background?variant=large, customer_acquisition=[Digital, Referral / Relationship, Reputation Management], fdd_upload=https://api-na1.hubspot.com/form-integrations/v1/uploaded-files/signed-url-redirect/99355429633?portalId=21052030&sign=ec-S5hplbUGNuUC4SvhIRAvw3UI%3D&conversionId=27d429b0-ceed-411a-86c2-7559f91b8607&filename=27d429b0-ceed-411a-86c2-7559f91b8607-2-7178165/fdd_upload-Spenga_2022-FDD_Issued-4-27-2022-(For-use-in-CA-FL-IL-IN-KY-MI-NE-NY-RI-TX-UT-VA-WA-WI-and-the-Non-Reg-States)_As-of-10-28-2022.pdf, backup_presentation_pdf=https://21052030.fs1.hubspotusercontent-na1.net/hubfs/21052030/Brand%20Overview%20Sides/Individual%20Brands/SPENGA%20-%20Brand%20Overview%20Slides.pdf, services_image_bottom_small=https://commandcenter.franchisesidekick.com/brand_image/4915700570/services_image_small_2, brand_fund=2%, sales_contact_first_name=Roger, update_state_registrations_link=https://www.franchisesidekick.com/update-state-registration?brand_name=Spenga, functions_of_owner_operator=Lead, train, motivate and manage staff Manage sales and retention expectations Generate reports to ensure KPI's are being met Manage all operational aspects of the business including but not limited to: marketing spends, ordering supplies, equipment maintenance, payroll, scheduling, cleanliness Ensure SPENGA is integrated into your local community Plan and promote entertaining and productive events through community outreach and business partnerships, contact_first_name=Rogert, ideal_candidate=Relationship Builder;Passion to Help People;No Industry Experience Required;Community Centric;Passion for health/wellness;Outgoing, unique_name=Spenga, item_7=$288,605 - $858,138, major_competitors=Orange Theory; F45; Xponential Fitness Concepts, available_internationally=No, hs_merged_object_ids=[1797940643, 4887633666], services_image_bottom_medium=https://commandcenter.franchisesidekick.com/brand_image/4915700570/services_image_medium_2, sks_item_7_range_high=858138, competitive_advantage_3=Unique Concept - All your fitness needs in one 60-minute workout and members never have to clean anything. The staff comes behind them every step of the way cleaning the equipment., competitive_advantage_2=Avoid Boredom – A plateau-proof workout that transitions to a new workout segment every 20 minutes. (20 minutes spin, 20 minutes strength, 20 minutes yoga), competitive_advantage_1=Hot Trend - Fitness is hot and boutique fitness is the fasting growing segment in the industry and nobody offers a more complete workout experience., competitive_advantage_6=Low Cap Expenses, competitive_advantage_5=Simplicity of Operations - Lean staff, no real inventory (besides clothing items), payroll increases as membership grows (control payroll costs through schedule/session roll-out)., competitive_advantage_4=Recurring Revenue Model – SPENGA members buy recurring monthly memberships that give them 4, 8, or unlimited sessions., number_type_of_employees=Approximately 12 employees: 1 General Manager 2-3 Part-Time Managers 8 Part-Time Instructors * SPENGA will help Franchisees locate and train all new staff members through 3rd party recruiting options and on-site auditions for instructors. SPENGA also has master instructors that cover regions that will be on site for franchisee launch/training auditions., contact_last_name=McGreal, employee_skillset_type=Compensated less without a specific skillset, locations_open=50, item_19_label__1=Total NC1 , item_19_label__2=Total NC1 Less Total Disclosed Costs and Expenses, joined_inventory_at=1696291200000, required_net_worth=500000, registration_hawaii=Not Registered, registration_minnesota=Deferred - Not Taking Leads, services_image_bottom_large=https://commandcenter.franchisesidekick.com/brand_image/4915700570/services_image_large_2, submission_idempotent_id=27d429b0-ceed-411a-86c2-7559f91b8607, franchise_fee_10=299500, brand_summary_marketing_revision=SPENGA is the NEXT BIG BUSINESS in fitness. SPENGA offers a 60-minute workout separated into three components. The workout consists of 20 minutes of spin, 20 minutes of strength and 20 minutes of yoga. The workout is enhanced by the SPENGA 'Sweet Spot' technology that keeps members engaged and competitive. SPENGA is the first studio to put equal focus on the three pillars of fitness (cardio, strength, and flexibility) all in one 60-minute workout. SPENGA clients stay engaged and have more fun than other concepts that offer a singular training method for the entire workout. SPENGA’s tagline is "Best. Workout. Ever" and we firmly believe this. SPENGA fills a void in the market by delivering cardiovascular, strength, and flexibility training all in one 60-minute workout. Consumers are constantly searching for the most efficient and effective fitness solution that will yield them the best results. 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 incredible energy throughout the studio. SPENGA is a community of like-minded individuals all looking to live their best lives and get the most out of their workouts. SPENGA offers a recurring revenue business with item 19 showing a positive six-figure return of $186k, as well as average, high, medium, and low stats for membership, lead volume, membership rates and NCI increases. If you want to be involved with SPENGA, you better hurry. They have already awarded 330+ UNITS in a short period of time and will have 100 studios open in 2024., area_development_opportunities=No, franchise_fee_3=119500, franchise_fee_4=149000, franchise_fee_5=178000, industry_size=$34 Billion, franchise_fee_6=206000, franchise_fee_7=233000, franchise_fee_8=258000, franchise_fee_9=281000, hs_object_source=CRM_UI, display_two_minute_drill=true, mapping_access_url=http://spenga.mapwebserver05.com/Account/Login?ReturnUrl=%2fApplication%2fIndex%2fbpDka6SXeEO-Uweh5DpLLQ, business_model_b2c_percentage=100%, dynamic_page_slug=spenga, franchise_fee_2=89500}

• Brands
• SPENGA

SPENGA

Brand Summary

SPENGA is the NEXT BIG BUSINESS in fitness. SPENGA offers a 60-minute workout separated into three components. The workout consists of 20 minutes of spin, 20 minutes of strength and 20 minutes of yoga. The workout is enhanced by the SPENGA 'Sweet Spot' technology that keeps members engaged and competitive. SPENGA is the first studio to put equal focus on the three pillars of fitness (cardio, strength, and flexibility) all in one 60-minute workout. SPENGA clients stay engaged and have more fun than other concepts that offer a singular training method for the entire workout.

SPENGA’s tagline is "Best. Workout. Ever" and we firmly believe this. SPENGA fills a void in the market by delivering cardiovascular, strength, and flexibility training all in one 60-minute workout. Consumers are constantly searching for the most efficient and effective fitness solution that will yield them the best results. 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 incredible energy throughout the studio. SPENGA is a community of like-minded individuals all looking to live their best lives and get the most out of their workouts.

SPENGA offers a recurring revenue business with item 19 showing a positive six-figure return of $186k, as well as average, high, medium, and low stats for membership, lead volume, membership rates and NCI increases.

Brand Superpowers

Unique workout experience with premier technology systems

Semi-absentee operations

Recurring revenue model

Simplicity of operations

Proven Franchisor leadership with fitness experience

*THE NUMBERS

$480,280 - $789,595 Investment Range

$776,461.36 Total NC1

$308,048.83 Total NC1 Less Total Disclosed Costs and Expenses

7% Royalty

2% Brand Fund

$500,000 Financial Requirements

Business Basics Get to know the brand

The Stats What is the growth trajectory of the brand

Ideal Candidate What characteristics do the highest-performing franchisees have

Founder	Roger McGreal
Home Office Location	Homer Glen, IL
Company Founded	2015
Began Franchising	2016
Industry	Fitness
Industry Size	$34 Billion
Veteran Discount	$5,000 off first unit franchise fee
Group Health Insurance	No

Business Basics Get to know the brand

Founder	Roger McGreal
Home Office Location	Homer Glen, IL
Company Founded	2015
Began Franchising	2016
Industry	Fitness
Industry Size	$34 Billion
Veteran Discount	$5,000 off first unit franchise fee
Group Health Insurance	No

The Stats What is the growth trajectory of the brand

Company Units Open	1
Franchise Units Awarded All Time	300
Franchise Units Awarded Last 12 Months	8
Franchise Units Open	50
Number of franchisees	70

Ideal Candidate What characteristics do the highest-performing franchisees have

Relationship Builder
Passion to Help People
No Industry Experience Required
Community Centric
Passion for health/wellness
Outgoing

FREQUENTLY ASKED QUESTIONS

DO THEY OFFER FINANCING TO HELP BUY THE FRANCHISE?

3rd Party Recommendations

WHAT KIND OF TECHNOLOGY DO THEY HAVE IN PLACE?

Job Management, Scheduling, CRM, Inventory Management, Billing and Logistics

DO THEY OFFER FLEXIBLE OWNERSHIP?

Yes

DO THEY OFFER A DISCOUNT TO VETERANS?

$5,000 off first unit franchise fee

Looking for insider Info?

Connect with one of our Sidekicks to learn about:

• What current franchisees have to say
• The estimated return on investment
• The best ways to finance this franchise

Schedule a 10-Minute Call

*REFER TO MOST RECENT FRANCHISE DISCLOSURE DOCUMENT ITEM 19. THIS INFORMATION MAY HAVE CHANGED SINCE FIRST PUBLISHED. WE RECOMMEND THAT YOU ALWAYS VERIFY FEES, INVESTMENT AMOUNTS, AND OFFERS FOR THE FRANCHISE OPPORTUNITY DIRECTLY WITH THE FRANCHISOR PRIOR TO DECIDING TO INVEST.