SPENGA franchise
A SPENGA franchisee operates a studio combining indoor cycling, strength training and yoga. At the end of 2025 there were 45 SPENGA locations in the US, 44 franchised and 1 company-owned.
- Cost to open
- $552K–$790K
- Franchise fee
- $49,500
- Royalty
- 7% + minimum
- Locations, 2025
- 45−22 in 3 yrs
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Company snapshot
- SBA loans
- On the SBA Franchise Directory
From SPENGA HOLDINGS LLC’s 2026 filing; SBA status from the SBA Franchise Directory, October 28, 2026.
How much a SPENGA franchise costs
Opening one traditional studio costs an estimated $552,267 to $789,595. That covers the franchise fee and everything else needed to open, through the first months of working capital.
Source: SPENGA HOLDINGS LLC, 2026 filing, page 24
SPENGA franchise fee
The franchise fee is $49,500. You pay it when you sign the franchise agreement.
Source: SPENGA HOLDINGS LLC, 2026 filing, page 14
Royalty and ongoing fees
| Royalty | The greater of 7% of net cash in or $1,000 per month, beginning at opening or month 13, whichever comes first. |
|---|
The typical franchise royalty is 6% of sales, plus 2% for marketing. See franchise fees and royalties to compare.
Source: SPENGA HOLDINGS LLC, 2026 filing, page 15
Sales and earnings
Shares figures SPENGA publishes sales or earnings figures for its locations: Historical information distinguishes franchise studios from the affiliate-owned studio.. The full tables, with notes on which locations are counted, are in its filing.
Source: SPENGA HOLDINGS LLC, 2026 filing, page 66
Locations opened and closed
| Year | Franchised | Company-owned | Closed |
|---|---|---|---|
| 2023 | 57 (−9) | 1 | 13 |
| 2024 | 49 (−8) | 1 | 9 |
| 2025 | 44 (−5) | 1 | 6 |
Closed or left counts terminations, non-renewals, locations bought back by the franchisor and locations that stopped operating.
See which brands grew most in the fastest-growing franchises rankings.
Source: SPENGA HOLDINGS LLC, 2026 filing, page 79
How SPENGA compares
Of the 43 fitness franchises on this site, SPENGA is the 37th cheapest to open and the 25th largest by number of locations.
| Measure | SPENGA | Typical fitness |
|---|---|---|
| Cost to open, low end | $552K | $338K |
| Royalty | 7% | 7% |
| Closed or left per year | 15.9% | 3.6% |
| Change in franchised locations, 3 yrs | −33.3% | +52.7% |
| Shares earnings figures | Yes | 35 of 43 |
Typical is the median across the 43 brands in fitness franchises.
