1 PRIME SPENGA FITNESS TERRITORY UNDEVELOPED

FRANCHISE FOR SALE IN CENTENNIAL, COLORADO

List Price: $40,000 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:

2020

Seasonal Business:

No

+3 Months

TRANSITION SUPPORT

Somewhat

PRICE/TERMS
FLEXIBILITY

SUMMARY

1 prime territory to build your boutique fitness business in the Denver area with seller financing! SPENGA’s tagline is 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’s a plateau-proof workout that keeps clients excited and motivated to push themselves with a new workout segment every 20 minutes. The award-winning (see below) SPENGA brand is an Inc#500 Fastest Growing Company positioned to be the next hot trend! Grand openings are back to pre-pandemic levels. Fitness is a $35 billion industry and boutique fitness is the fastest growing segment in the 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. 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 $100,000. They won’t last long in this prime location! Inquire now!

PHOTOS

FACTS

Part-Time Employees:

0

Full-Time Employees:

0

Total Employees:

Upon Inquiry

Timeframe for sale:

Flexible

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

PENGA 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

Being part of the SPENGA brand has great perks!! There is an amazing network of existing franchisees that support each other intensely. There are monthly calls just among franchisees on subjects of interest to owners. This makes the network value even stronger. There is also a general manager’s network to support each other in similar fashion. This franchisor is a growing brand and hosts regular calls with franchisees which are very motivating and helpful. They cover who is new, what is new, and any special events or programs coming up. The franchise also has a number of retail items that are sharp and available for resale giving the studios added revenue. 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

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.

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!

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.

Significant

SELLER FINANCING AVAILABLE

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