6 prime Spenga territories – Undeveloped
Spenga franchise for sale in Dallas, Texas
List Price: $300,000 USD
Key Facts
Annual Gross Revenue
N/A (undeveloped)
Seasonal Business
No
Value of Inventory
Upon Inquiry
Value of Assets
Upon Inquiry
Year Established
2005
Business Operates From
A retail location
Location Is
N/A
Approx. Monthly Rent
N/A
Total Employees
Less than 10
1–3 MonthsTransition
Support
SomewhatPrice/Terms
Flexibility
NoneSeller financing Available
Part-timeOwner
Involvement
About this Business
Build a successful fitness empire from the ground up and take Dallas/Ft Worth by storm with this incredible opportunity featuring not one but six undeveloped SPENGA territories!
While North Texas territories are completely sold out by the franchisor, this amazing opportunity provides exclusive access to the entire Dallas/Ft Worth metropolitan area and will allow the new owner to build their business from scratch while skipping months of time, effort and money on territory procurement with the company.
This opportunity is perfect for a hungry entrepreneur who is eager to skip the startup phase and dive in now.
KEY BENEFITS: – 6 exclusive territories in a sold out market – Backed by a growing franchise with proven success – Initial training and ongoing support from franchisor – Unique workout regimen providing a competitive advantage over other fitness businesses – Affluent territory containing 7,500 qualifying households within 8 minutes of each location – Large network of locations and strong brand presence – Alternate sources of income, including retail apparel and workout accessories – Profitable and fast-growing market.
This opportunity won’t last long – make these territories yours today!
Growth opportunities
This package includes 6 undeveloped territories in North Texas and the new owner therefore has an incredible opportunity to build a fitness empire from the ground up. Once open, each location will feature multiple revenue streams for the owner, including membership fees; corporate classes; and retail apparel and merchandise. With over 7,500 qualifying households within 8 minutes of each territory, there is a huge market of potential customers to take advantage of. SPENGA has a strong brand presence in the state of Texas, which will allow the new owner to transition seamlessly into a proven market.
Owner's Day-to-Day Involvement
The current owner works approximately 20 hours per week and focuses on scouting real estate locations, lease negotiations, and initial hiring for the undeveloped locations.
Asset Description
6 prime, undeveloped territories in the Dallas/Ft. Worth metro area.
Inventory Description
6 prime, undeveloped territories in the Dallas/Ft. Worth metro area.
Reason for Selling
Speed to market
Why I Love My Franchise
Dedicated, successful franchisor with a wide array of tools and resources to support franchisees; unique fitness offering with proven results; being part of a community-facing business with wonderful, loyal clients.
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.