SPENGA vs Basecamp Fitness
Franchise Comparison 2026
Both SPENGA and Basecamp Fitness are health & fitness franchises. SPENGA requires an investment of $552K – $790K while Basecamp Fitness requires $513K – $833K. Basecamp Fitness discloses average revenue of $426K; SPENGA does not report Item 19 data. On SBA loan performance, Basecamp Fitness has a lower charge-off rate (0.0%) compared to SPENGA (32.0%). FranchiseVerdict rates SPENGA C (Average) and Basecamp Fitness A (Strongest tier).
| Metric | SPENGA | Basecamp Fitness |
|---|---|---|
| Verdict Grade | CAverageAverage | AStrongest tierStrongest tier |
| Investment Range | $552K – $790K | $513K – $833K |
| Franchise Fee | $50K | $43K |
| Royalty Rate | Greater of 7% of Net Cash In (NCI) generated by the Studio, or $1,000/month minimum royalty | 8.0% |
| Average Revenue (Item 19) | N/A | $426K |
| SBA Charge-Off Rate | 32.0% (65 loans) | 0.0% (12 loans) |
| Total Units | 45 | 23 |
| Unit Growth (YoY) | N/A | N/A |
| Year Began Franchising | 2015 | 2021 |
| FDD Year | 2026 | 2025 |
Investment Range
$552K – $790K
$513K – $833K
Franchise Fee
$50K
$43K
Royalty Rate
Greater of 7% of Net Cash In (NCI) generated by the Studio, or $1,000/month minimum royalty
8.0%
Average Revenue (Item 19)
N/A
$426K
SBA Charge-Off Rate
32.0% (65 loans)
0.0% (12 loans)
Total Units
45
23
Unit Growth (YoY)
N/A
N/A
Year Began Franchising
2015
2021
FDD Year
2026
2025