CHICAGO--(BUSINESS WIRE)--As consumers continue adopting healthy lifestyles, Chicago-based fitness concept, SPENGA, is continuing to gain popularity. The boutique studio that combines the three essential elements of fitness—cardiovascular, strength and flexibility—is responding to the increased demand for an effective and affordable workout experience with aggressive expansion plans slated for the Chicagoland area.
As part of the company’s national growth initiative, SPENGA recently signed multi-unit franchise agreements with separate entrepreneurial teams to add 11 new locations throughout Chicago suburbs Downers Grove, Naperville and Oak Park. The first location is set to open in May at 5216 Main Street, Downers Grove, IL 60515. The brand expects five of these units to be in operation by end of year 2016. Currently, the franchise has one company location in Mokena, Ill and four units under various stages of development in the Chicagoland area.
“Since we began franchising SPENGA in November 2015, we’ve received tremendous interest from entrepreneurs on both a national and local scale wishing to help evolve the SPENGA brand,” stated Scott Nichols, Senior Vice President, Franchise Development of SPENGA. “Given the positive feedback we’ve received surrounding our Mokena location, we’re confident SPENGA will be well-received in the Downers Grove, Naperville and Oak Park communities.”
Sara Bender will be opening the brand’s national flagship studio in Oak Park. With a passion for fitness and an extensive history teaching fitness classes since age 15, Bender was pushed toward franchise entrepreneurship to get more involved in the community and the fitness arena. Her multi-unit agreement also includes four locations in the Cleveland area.
“SPENGA provides an effective, yet fun workout for both fitness enthusiasts and those just beginning their journey,” stated Bender. “Every time you step into the studio, you are instantly energized by a dedicated staff member cheering you on for every ride, rep and revive. I look forward to seeing how members integrate into our like-minded community of individuals looking to make the most out of their work out and lives.”
SPENGA is an emerging concept delivering cardiovascular, strength and flexibility training in every session through a combination of spin, strength training and yoga. With space dedicated to each element, each studio is complete with energizing aromatherapy from essential oils and a DJ-inspired playlist—providing a multi-sensory experience unparalleled in the market. Skilled personal trainers lead each session, beginning with 20 minutes of spin, followed by 20 minutes of strength training and finishing with 20 minutes of yoga.
Outside of Chicago, SPENGA’s primary focus for expansion is in other major markets across the Midwest, specifically Indianapolis, Kansas City, Minneapolis and St. Louis. To augment the brand’s growth, SPENGA is seeking entrepreneurs to develop the franchise concept in the Midwest as well as Arizona, Colorado, Florida, New Jersey, New York, North Carolina, Pennsylvania, South Carolina, Texas and Virginia. In 2016 alone, the company expects to have 35 to 40 new franchise agreements signed, and 135 to 150 locations in various stages of development within the next three years.
A low-cost investment in the fitness industry, franchisees can expect an investment ranging from $263,050 to $577,600. SPENGA locations have flexible real-estate requirements in the 3,500 to 4,500 square foot range. Interested parties should have a strong desire to own a business, as well as a passion for health, wellness and success.
For more information about the SPENGA franchise opportunity, visit www.SPENGA.com/franchise.
About SPENGA
SPENGA is a boutique fitness concept providing an unrivaled experience in the industry. Unlike any studio of its kind, SPENGA combines three essential elements of fitness to create what’s simply known as the best workout ever. Each session is structured to include 20 minutes of spin, 20 minutes of strength training and 20 minutes of yoga to improve endurance, strength and flexibility. Founded in March 2015, SPENGA has one location operating in Mokena, Ill. and five units under development across Illinois, and Virginia. Offering an attractive investment opportunity in the fitness industry, SPENGA is seeking franchise partners to develop the brand nationwide. For more information surrounding SPENGA or its franchise opportunities, visit www.SPENGA.com or www.SPENGA.com/franchise.
