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FranchiseVerdict

SPENGA vs Pvolve

Franchise Comparison 2026

Both SPENGA and Pvolve are health & fitness franchises. SPENGA requires an investment of $436K – $824K while Pvolve requires $393K – $893K. Pvolve discloses average revenue of $838K; SPENGA does not report Item 19 data. On SBA loan performance, Pvolve has a lower charge-off rate (0.0%) compared to SPENGA (32.0%). FranchiseVerdict rates SPENGA F (Bottom Quintile) and Pvolve A (Top Quintile).

Investment Range
$436K – $824K
$393K – $893K
Franchise Fee
$50K
$50K
Royalty Rate
The greater of: (i) 7% of the “Net Cash In” generated by your Studio over a given reporting period; or (ii) royalty payment of $1,000 per month
7.0%
Average Revenue (Item 19)
N/A
$838K
SBA Charge-Off Rate
32.0% (65 loans)
0.0% (16 loans)
Total Units
58
6
Unit Growth (YoY)
N/A
N/A
Year Began Franchising
2015
2020
FDD Year
2024
2024