What does a SPENGA Franchise Cost?
SPENGA franchise fees for 2024:
Cash Investment: $250,000
Total Investment: $435,931 - $823,615
Minimum Net Worth: $500,000
Franchise Fee: $49,500
Royalty: 7%
Ad: 2% - not yet being billed
Average Number of Employees: 12
Item 19: Yes
Visa Candidates: No
Semi-Absentee Ownership / Executive Model: Yes
Home Based: No
B2B: No
Master Franchise Opportunities: No
Veteran Discount: Yes - $5,000 off first unit franchise
fee
Is SPENGA a Semi Absentee Franchise with a Passive Ownership Opportunity?
Yes. SPENGA is a semi absentee franchise and allows passive ownership. A semi-absentee franchise is a business you could start and run while still maintaining a job or other obligation.
Is SPENGA a Home Based franchise?
No. SPENGA is not a home based franchise opportunity.
What Do SPENGA Franchise Owners Make?
Click here to find out how much SPENGA franchisees make. SPENGA offers an Item 19 in their Franchise Disclosure Document which provides financial information about select franchisees in their franchise system.
Is SPENGA a Master Franchise Opportunity?
No. SPENGA is not a master franchise opportunity.
Does SPENGA Offer a Veteran Discount?
Yes. SPENGA franchise does offer a veteran discount.
Does SPENGA Work with E2 Visa and EB-5 Visa Candidates?
No. SPENGA franchise does not work with E2 Visa and EB-5 Visa candidates.
Is SPENGA Looking for Franchisees in Canada?
No. SPENGA franchise is not looking for Canada franchisees.
Is SPENGA Looking for International franchisees?
No. SPENGA franchise is not looking for International franchisees.
Where can I see SPENGA's FDD (Franchise Disclosure Document)?
Buying a Franchise Guide: What is a Franchise Disclosure Document?
When evaluating a franchise opportunity, reading and understanding the current version of their FDD is a necessity. Considering the benefits of franchising, such as established brand recognition and support from the franchisor, it's important to also take into account franchise fees and franchising royalty fees. Since most franchisors are privately owned companies, the current versions of their FDDs are typically not available unless requested directly from them.
Click here to connect with a Franchise Consultant who can help you obtain a copy quickly and for free. They can also guide you through the essential franchise questions to ask, ensuring you make a well-informed decision about your investment.