Question 1

How much does it cost to open a SPENGA franchise?

Accepted Answer

The total initial investment for a SPENGA franchise ranges from $480K to $790K, according to the latest Franchise Disclosure Document (FDD).

Question 2

What is the SPENGA franchise fee?

Accepted Answer

The initial franchise fee for SPENGA is $50K.

Question 3

What are the net worth requirements for a SPENGA franchise?

Accepted Answer

Net worth requirements for SPENGA are specified in the Franchise Disclosure Document.

Question 4

Does SPENGA require a personal guarantee?

Accepted Answer

Yes, SPENGA requires a personal guarantee from franchisees. A spousal guarantee is also required.

Question 5

What equipment and inventory costs are involved with a SPENGA franchise?

Accepted Answer

Equipment costs for a SPENGA franchise range from $13K to $16K. Initial inventory costs range from $4K to $7K.