7 prime Spenga Fitness Territories – Undeveloped
Spenga franchise for sale in Fairfax County, Virginia
List Price: $175,000 USD
Key Facts
Annual Gross Revenue
N/A (undeveloped)
Seasonal Business
No
Value of Inventory
$0
Value of Assets
$0
Year Established
2019
Business Operates From
A retail location
Location Is
N/A
Approx. Monthly Rent
N/A
Total Employees
Upon Inquiry
NoneTransition
Support
SomewhatPrice/Terms
Flexibility
SomeSeller financing Available
PassiveOwner
Involvement
About this Business
7 PRIME territories for development in the Washington DC suburbs of Northern Virginia! Buy all 7 together for $175,000 or individually for $35,000 each, a deal either way!
Tysons, VA
Annandale, VA
Centreville, VA
Reston, VA
Oakton, VA
Ashburn, VA
Chantilly, VA
These territories are in the densely populated Washington DC Metro area, in Northern Virginia. The population is educated and high-earning, with lots of young people who tend to hold the majority of boutique fitness memberships. The DC area is fairly recession proof as many people either work for the US Government or at a business that works with the federal government. The demographics here are ideal for SPENGA studios to thrive.
These territories are a great deal, discounted from the regular franchise price! Buy all 7 together for $175,000 and build your fitness empire OR buy individually for $35,000 each. Inquire now!
Growth opportunities
7 territories available to build a boutique fitness empire with potentially 10 studios! Take prime undeveloped territories to operating studios! Huge potential for growth at a big discount off the price of a standard new unit.
Owner's Day-to-Day Involvement
SPENGA corporate supports new owner with strong support in choosing site, building out studio, and then operating, sales, marketing and management.
Reason for Selling
Family decision to go in a different direction.
Why I Love My Franchise
It's a great exercise format and has a beautiful build out/ design.
About Spenga
Spenga is an innovative fitness franchise that uniquely combines three essential workout elements: spin, strength training, and yoga, all within a single 60-minute session. This comprehensive approach addresses the limitations of traditional boutique fitness studios, which often focus on just one type of exercise, leading to member boredom and limited results. By integrating cardiovascular, strength, and flexibility training, Spenga delivers a dynamic and engaging fitness experience that keeps clients motivated and encourages long-term participation. With its unique workout model, Spenga is revolutionizing the fitness industry by offering a balanced and effective fitness routine that caters to a wide range of fitness levels. The brand’s focus on providing a holistic workout experience has helped it quickly grow and establish itself as a leader in the boutique fitness sector.
Franchisee Support
Spenga offers extensive support to its franchisees, beginning with an 89-hour training program that includes both classroom and on-the-job training. Ongoing support includes monthly advertising and sales assistance, weekly and monthly field support, and help with site selection and lease negotiations. Franchisees also benefit from a dedicated franchise support team, ensuring they have the tools and resources needed to manage their studios effectively and build a strong, engaged community of members.
Brand Accolades & Awards
Spenga has received numerous accolades, highlighting its growth in the fitness industry. The brand ranked #32 on the Inc. 5000 Regionals Midwest list and #380 on Entrepreneur’s Franchise 500 in 2022. It was named a Top Brand by Franchise Journal in 2021 and featured in the Top 100 Game Changers by Franchise Dictionary Magazine in 2020. Spenga also ranked #916 on the Inc. 5000 in 2022 and was recognized as 2019 Brand of the Year by Franchise Brokers Association and Top Fitness Brand in Franserve's Fran-tastic 500.
Industry / Market
The fitness industry is valued at $35 billion, with boutique fitness as the fastest-growing segment. High-end fitness studios have been expanding rapidly, adding new locations at a rate of 450% per year since 2010. Currently, about 35% of all fitness memberships are held by boutique fitness centers, highlighting the strong demand for specialized, high-quality fitness experiences like those Spenga provides.
Ideal Owner
The ideal Spenga franchisee is a fitness enthusiast with a passion for high-intensity interval training and community engagement. They should be energetic, motivational, and capable of creating a supportive environment for members. Strong leadership and customer service skills are essential, along with experience in fitness or health-related fields, to ensure a successful and thriving studio.