1 prime Spenga Fitness territory – Undeveloped
Spenga franchise for sale in Centennial, Colorado
List Price: $30,000 USD
Key Facts
Annual Gross Revenue
N/A (undeveloped)
Seasonal Business
No
Value of Inventory
$0
Value of Assets
$0
Year Established
2020
Business Operates From
A retail location
Location Is
N/A
Approx. Monthly Rent
N/A
+3 MonthsTransition
Support
SomewhatPrice/Terms
Flexibility
SignificantSeller financing Available
About this Business
1 prime territory to build your boutique fitness business in the Denver area with seller financing!
Denver is one of SPENGA’s stronger markets showing its success with camaraderie with fellow franchisees.
This territory is in the South Denver Metro area. The population is known for being very active, health conscious, and willing to spend on health and fitness. The demographics here exceed the franchise’s standards and the area continues to grow and attract the ideal customer to the Denver area. This is one of 4 territories for sale by owner: Cherry Creek, Centennial, Englewood, or Foxfield. Can be purchased as a package of 4 for $80,000. They won’t last long in this prime location! Inquire now!
Growth opportunities
There are up to 4 territories available for growth and sale. They are in the best demographic parts of Denver. 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
I knew I wanted this franchise and business when I was working out at a SPENGA. It truly is the best workout. Other workouts don’t encompass the whole body. I decided to become a franchisee with my daughter while on the bike working out. The community is great. The franchisor is great and you are helping people feel better. Win-win-win!
Why I Love My Franchise
I bought this franchise with my daughter, who was going to run it. Her life took a turn when she got into Physician Assistant school. She has moved out of the Denver area and so will not be able to oversee the business. And my home is in another state. Sadly, we have wouldn’t do the brand justice being out of town.
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.