How Much Does a Spenga Franchise Cost?

The 2026 Franchise Disclosure Document separates two single-studio formats. A Combo Model is estimated at $480,280 to $566,143, while a Traditional Model is estimated at $552,267 to $789,595. These are Item 7 totals for opening and operating one 24-station Studio through its first three months, not just the Initial Franchise Fee.

The FDD cover states that $53,500 to $56,000 of either single-unit range must be paid to Spenga Holdings LLC or an affiliate. The rest is generally paid to landlords, required suppliers, insurers, professional advisers, employees, utilities, and other third parties. The official SPENGA investment page publishes the same combined outside endpoints, but it does not separate the Combo Model from the Traditional Model; the 2026 FDD does.

The main difference is the premises. The 2026 FDD describes the Traditional Model at approximately 3,500-4,000 square feet and the Combo Model at approximately 3,000-3,500 square feet. Both are designed for 24 training stations, but the Combo Model combines the strength and yoga areas in one footprint. Item 7 therefore assigns the Combo Model lower lease and leasehold-improvement estimates.

Item 7 includes the franchise payment, premises and build-out, equipment, launch marketing, technology, opening inventory, professional and regulatory expenses, training travel, and a three-month operating cushion. The categories below preserve the separate Traditional Model and Combo Model amounts.

Premises, build-out and major equipment

Premises costs produce most of the format difference. The fitness-equipment line is only the first three months of payments under the assumed financing or lease arrangement, not the full equipment purchase price.

Source: 2026 FDD, Item 7, pp. 15-19. Required Suppliers are specified for leasehold services, fitness equipment, FF&E, signage and the Audio Video Package.

Franchise, launch and operating setup

These categories are the same for both formats. The Initial Inventory of Retail Items may be purchased through an approved supplier or, if designated, the affiliate Spenga Private Label, LLC.

Source: 2026 FDD, Items 5 and 7, pp. 6 and 15-20.

Professional costs, insurance and working capital

The Additional Funds line is already inside the Item 7 total. It should not be added a second time. It covers miscellaneous supplies and equipment, payroll and other startup costs for three months, but excludes any owner draw or salary and excludes debt service.

Source: 2026 FDD, Item 7, pp. 16 and 19-20.

The cash does not leave at one moment. The Initial Franchise Fee is due at contract signing, the security deposit is due at lease signing, and most build-out, equipment, launch and setup costs are paid as incurred before opening. The sequence below is a planning order; construction, procurement, recruitment and presale activity can overlap.

What Item 7 does not resolve

Item 7 does not resolve the cost of purchasing real estate, owner compensation, debt service, payroll inside the pre-opening marketing line, a larger-than-24-station Studio, or all conversion work. It also does not cap costs caused by local construction conditions, landlord terms, system changes, or later supplier price increases.

The principal continuing charge is the Royalty Fee: the greater of 7% of Net Cash In or the $1,000 monthly Minimum Royalty. Net Cash In is the FDD-defined revenue base, subject to specified exclusions for items such as collected sales taxes and instructor tips. The royalty is generally due by the fifth day of each month for the preceding month.

Core franchisor and marketing charges

The 2026 FDD distinguishes percentage charges from minimum spending obligations. A percentage fee should not be converted into an annual dollar amount without an official Net Cash In figure.

Required supplier subscriptions

These amounts are paid to or collected for designated suppliers. Several may increase to reflect supplier pricing, while SEO, POS and Customer Review Software are subject to disclosed annual increase caps.

Source for both recurring-fee tables: 2026 FDD, Item 6, pp. 7-14.

A Development Agreement requires a nonrefundable Development Fee at signing and a schedule to open multiple Studios. The 2026 Item 7 development totals include the Development Fee plus the cost to open and operate only the first Studio for three months. They do not include the build-out and opening cost of the later Studios.

Payment timing: The full Development Fee is due when the Development Agreement is executed. A developer signs the first Franchise Agreement at the same time but does not pay a separate Initial Franchise Fee for each Studio covered by the Development Agreement. Later Studios still require their own premises, construction, equipment, launch and working-capital funding.

The official SPENGA ownership page displays minimum capital requirements of $250,000 liquid and $500,000 net. Those website screening figures are not the same as Item 7's Estimated Initial Investment, and the page does not define “net” in detail. A prospect should obtain the current written qualification criteria and confirm whether the figure means net worth and whether any non-borrowed-funds test applies.

Item 10 states that Spenga Holdings LLC offers no direct or indirect financing and does not guarantee notes, mortgages, leases or other obligations. Item 7 nevertheless assumes that fitness equipment may be leased or financed through a required supplier. Under that assumption, the FDD includes only the first three months of equipment payments; an outright equipment purchase is estimated at approximately $203,299.04. The modeled financing assumption uses a 10.2%-10.8% interest rate over 48-60 months for 24 stations. These are FDD assumptions, not guaranteed credit terms.

Item 6 includes training, renewal, transfer, relocation, convention, audit, late-payment and enforcement charges that do not belong in the opening total unless the triggering event occurs. These obligations can still be material over a ten-year Franchise Agreement term.

The first decision is the format and premises contract. For one Studio, the verified 2026 FDD range is $480,280-$566,143 for the Combo Model or $552,267-$789,595 for the Traditional Model. The Initial Franchise Fee is only $49,500 of that amount, and the official website's liquid and net screening figures are separate qualification measures. The largest unresolved variables are lease economics, tenant-improvement allowance, construction scope, equipment financing, required-supplier quotes, opening delays and the amount of working capital needed beyond the FDD's three-month estimate.