How much does a Spenga franchise cost?
Opening a Spenga franchise takes a total initial investment of $552,267 to $789,595, according to the brand's 2026 Franchise Disclosure Document. The FDD's Item 19 reports median NCI generated for franchised studios, tier 1 (highest performing) of $791,043 across 8 outlets.
Spenga franchises Studios offering spin, strength, and yoga services. Category: Fitness.
Item 7
What it costs to open a Spenga franchise
The franchisor's own estimated initial investment, as disclosed in its 2026 FDD. The total is $552,267 to $789,595. Each line below carries the FDD page it was read from.
Where the money goes
The largest costs are Leasehold Improvements ($379,829 to $469,656), Lease Expenses – 3 Months ($0 to $59,898), and Audio Video Package ($35,500 to $39,500). Together they make up about 72% of the high-end estimate.
The initial franchise fee is $49,500, about 9.0% of the low-end total.
Our arithmetic from the Item 7 table below.
| Expenditure | Low | High | Source |
|---|---|---|---|
| Initial Franchise Fee2026 FDD, Item 7, p. 15 | $49,500 | $49,500 | 2026 FDD, Item 7, p. 15 |
| Lease – Security Deposit2026 FDD, Item 7, p. 15 | $5,425 | $19,966 | 2026 FDD, Item 7, p. 15 |
| Lease Expenses – 3 Months2026 FDD, Item 7, p. 15 | $0 | $59,898 | 2026 FDD, Item 7, p. 15 |
| Leasehold Improvements2026 FDD, Item 7, p. 15 | $379,829 | $469,656 | 2026 FDD, Item 7, p. 15 |
| Fitness Equipment – Ongoing Payments (3 months under relevant agreement)2026 FDD, Item 7, p. 15 | $13,031 | $15,706 | 2026 FDD, Item 7, p. 15 |
| Other Equipment Furniture, Fixtures, and Equipment2026 FDD, Item 7, p. 15 | $7,832 | $12,669 | 2026 FDD, Item 7, p. 15 |
| Grand Opening Marketing Expense and Pre-Opening Activity Expenses2026 FDD, Item 7, p. 15 | $20,000 | $30,000 | 2026 FDD, Item 7, p. 15 |
| Signage2026 FDD, Item 7, p. 15 | $13,500 | $24,000 | 2026 FDD, Item 7, p. 15 |
| Computer Hardware and Software2026 FDD, Item 7, p. 15 | $4,000 | $6,000 | 2026 FDD, Item 7, p. 15 |
| Opening Supplies2026 FDD, Item 7, p. 15 | $1,700 | $2,100 | 2026 FDD, Item 7, p. 15 |
| Insurance2026 FDD, Item 7, p. 15 | $1,200 | $4,000 | 2026 FDD, Item 7, p. 15 |
| Other Deposits Including: Utilities, Banks/ | $1,000 | $2,000 | 2026 FDD, Item 7, p. 15-16 |
| Professional Fees2026 FDD, Item 7, p. 16 | $2,500 | $5,000 | 2026 FDD, Item 7, p. 16 |
| Initial Training Expenses2026 FDD, Item 7, p. 16 | $1,000 | $4,000 | 2026 FDD, Item 7, p. 16 |
| Additional Permits, Approvals and Qualifications (if and as applicable)2026 FDD, Item 7, p. 16 | $250 | $1,000 | 2026 FDD, Item 7, p. 16 |
| Initial Inventory of Retail Items2026 FDD, Item 7, p. 16 | $4,000 | $6,500 | 2026 FDD, Item 7, p. 16 |
| Audio Video Package2026 FDD, Item 7, p. 16 | $35,500 | $39,500 | 2026 FDD, Item 7, p. 16 |
| Employee Recruiting2026 FDD, Item 7, p. 16 | $2,000 | $7,500 | 2026 FDD, Item 7, p. 16 |
| Construction Design and Review Compliance2026 FDD, Item 7, p. 16 | $0 | $5,600 | 2026 FDD, Item 7, p. 16 |
| Additional Funds –3 Months2026 FDD, Item 7, p. 16 | $10,000 | $25,000 | 2026 FDD, Item 7, p. 16 |
| Total estimated initial investment2026 FDD, Item 7, p. 15-16 | $552,267 | $789,595 | 2026 FDD, Item 7, p. 15-16 |
Source Spenga, 2026 FDD, Item 7, p. 15-16, via Public FDD bucket (storage.googleapis.com/franchiseindx_fdds) (source record). Figures read and verified 2026-10-12.
Item 19
What Spenga franchisees actually report earning
Median NCI Generated for Franchised Studios, Tier 1 (Highest Performing)
$791,043
Spenga's 2026 FDD, Item 19, for the 2025 calendar year. Basis: Franchised Studios, with Affiliate Studio figures separately disclosed.
Sample size: 8 outlets. The FDD also reports average NCI generated for franchised studios, tier 1 (highest performing) of $809,902. We lead with the median because an average is pulled upward by the strongest outlets; the median is the middle outlet.
What the franchisor excluded from this figure
- Part I excludes the Franchised Studios because the franchisor did not receive operating costs and expense data from them for the 2025 calendar year in the required form and format.
- No Affiliate Studios were excluded from the Financial Performance Representation.
- Part VI excludes six Franchised Studios that do not participate in auto-billing for “no show” and “late cancel” fees.
- Part VII excludes 27 Franchised Studios that were not open for the entire 2025 calendar year or did not actively participate in the retail program and had less than $7,500 in Cost of Goods Sold for 2025.
- Part VIII excludes seven Franchised Studios that did not engage multiple third-party aggregators.
- Part IX excludes nine Franchised Studios that did not meet the minimum monthly marketing requirements.
- Part X covers the one Franchise Studio that conducted presales for 2025.
This is a disclosure of what some existing outlets reported, not a projection of what a new Spenga outlet would earn. Your results will differ.
Source Spenga, 2026 FDD, Item 19, p. 58-70, via Public FDD bucket (storage.googleapis.com/franchiseindx_fdds) (source record). Figures read and verified 2026-10-12.
Item 20
How many Spenga outlets there are, and how many closed
Spenga ended 2025 with 44 franchised outlets and 1 company-owned outlet. In that year 1 franchised outlet opened and 6 left the system.
Three years at a glance
From 2023 through 2025, Spenga opened 6 franchised outlets and 28 outlets left the system. That is a net loss of 22, from 66 to 44 franchised outlets. Of the outlets that left, 28 closed for other reasons.
On average, about 16% of franchised outlets left the system each year, roughly 1 in 6.
Our arithmetic from the FDD's Item 20 table below. "Left the system" counts every outlet the franchisor reports as terminated, not renewed, bought back, or closed for other reasons.
| Year | Start | Opened | Terminated | Non-renewed | Reacquired | Ceased, other | End | Source |
|---|---|---|---|---|---|---|---|---|
| 2025 | 49 | 1 | 0 | 0 | 0 | 6 | 44 | 2026 FDD, Item 20, p. 73 |
| 2024 | 57 | 1 | 0 | 0 | 0 | 9 | 49 | 2026 FDD, Item 20, p. 73 |
| 2023 | 66 | 4 | 0 | 0 | 0 | 13 | 57 | 2026 FDD, Item 20, p. 73 |
Source Spenga, 2026 FDD, Item 20, p. 71-74, via Public FDD bucket (storage.googleapis.com/franchiseindx_fdds) (source record). Figures read and verified 2026-10-12.
Compare
How Spenga compares with other Fitness franchises
Measured against the 50 Fitness franchises on this site, using each brand's own FDD.
- Cost to open. The middle of Spenga's estimated range is $670,931. It costs more to open than 69% of Fitness franchises here.
- Outlets leaving each year. 16% for Spenga. That is higher than 83% of the 30 Fitness franchises with at least 10 outlets.
- Three-year growth. Spenga's franchised system shrank 33%. The typical Fitness franchise here grew 20%.
- Earnings disclosure. 35 of the 50 Fitness franchises here publish earnings figures in Item 19. Spenga is one of them.
Our arithmetic from each brand's Item 7 and Item 20. Growth and departure comparisons leave out brands with fewer than 10 outlets, where one opening or closure distorts the figures. See every Fitness franchise side by side.
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