Spenga

$SPNGF500 #501

CategoryHealth & Wellness

SubcategoryFitness (General)

ParentSpenga Ventures LLC

Founded2014

Completeness30/34 (88%)

Years in Business11

Began Franchising2015

HQHomer Glen, IL

Executives11

LinksWeb

Main Phone(708) 465-9113

Emailfranchise@spenga.com

FDD IssuedApril 24, 2026

Last UpdatedMay 20, 2026

FDDs2026 · 2025 🔒

Franchisor

Spenga Holdings LLC offers franchises for the operation of fitness training Studios that combine spin, strength, and yoga to deliver a comprehensive workout experience.

Spenga Holdings LLC, formed in 2015, is a Delaware limited liability company. It is wholly owned by Spenga Ventures LLC, with key executives including CEO Roger McGreal and EVP Nancy Vrdolyak.

Spenga Holdings LLC offers franchises for the operation of fitness training Studios that combine spin, strength, and yoga to deliver a comprehensive workout experience.

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Inside the full scorecard

FranDeals Score

34-box data-completeness and quality rating

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Franchisee Health Score

Operator-side financial health signal

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Fees & Investment

Franchise fee, royalty, total startup cost (Items 5–7)

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Financial Strength & Stability

Current ratio, debt/equity, ROE, margins (Item 21)

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Item 19 — Financial Performance

Average unit revenue, revenue spread, payback

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Unit Count & Growth

Systemwide units and multi-year growth (Item 20)

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Outlet Trajectory

Openings, closures, survival & turnover rates

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Executive Team

Officers and directors (Item 2)

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Franchisee Roster

Current and former franchisee operators

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Litigation & Disclosures

Item 3 legal matters, Item 4 bankruptcy

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News & Peer Comparison

Recent signals and category benchmarks

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