7 PRIME SPENGA FITNESS TERRITORIES UNDEVELOPED
FRANCHISE FOR SALE IN FAIRFAX COUNTY, VIRGINIA
List Price: $175,000 USD
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Annual Gross Revenue:
NA
Value of Inventory:
$0
Value of Assets:
$0
Business Category:
Health & Fitness
Business Operates From:
A Retail Location
Year Established:
2019
Seasonal Business:
No
None
TRANSITION SUPPORT
Somewhat
PRICE/TERMS
FLEXIBILITY
Passive
OWNER INVOLVEMENT
SUMMARY
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 ----> Boutique fitness is the fastest growing segment in the $35 billion fitness industry! High-end fitness studios have been adding new studios at a clip of 450% a year since 2010! About 35% of all fitness memberships now go to boutique fitness centers. The award-winning (see below) SPENGA brand is an Inc#500 Fastest Growing Company positioned to be the next hot trend! WHY? SPENGA promises the Best. Workout. Ever. and they mean it. SPENGA fills a void in the market by delivering cardiovascular, strength, and flexibility training all in one 60-minute workout. It keeps clients excited and motivated to push themselves with a new workout segment every 20 minutes. No plateaus! 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!
PHOTOS
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FACTS
Part-Time Employees:
0
Full-Time Employees:
0
Total Employees:
Upon Inquiry
Timeframe for sale:
Immediate
Total Approx. Monthly Rent:
N/A
VIDEO
DESCRIPTION
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.
FRANCHISE BRAND ACCOLADES AND AWARDS
SPENGA ranked #32 on this year's Inc. 5000 Regionals Midwest list. SPENGA ranks #253 on Entrepreneur’s Franchise 500 List in 2021. SPENGA ranked in the 2020 #Inc5000 list of fastest-growing companies in the country.
ADDITIONAL INFO
There are some great perks to being part of the SPENGA brand!! Corporate hosts regular franchisee calls on who is new, what is new, special events & programs, and other subjects of interest to owners. There is so much support between franchisees in the network. Similarly, General Managers have a supportive network of colleagues. These are very motivating and helpful. The franchise also has a number of appealing retail items for sale, which provides the studios an added revenue source. There are regular specials and marketing support. As the brand grows, there is anticipation that national marketing will take place.
BONUS MATERIAL
WHY I LOVE MY FRANCHISE
It's a great exercise format and has a beautiful build out/ design.
REASON FOR SELLING
Family decision to go in a different direction.
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.
Some
SELLER FINANCING AVAILABLE
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