Look Good Naked vs OrangeTheory Fitness Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Look Good Naked vs OrangeTheory Fitness including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Look Good Naked Franchise
OrangeTheory Fitness Franchise
Investment $6,367 - $21,100$608,172 - $1,800,322
Franchise Fee $500$59,500
Royalty Fee 20% (up to 10% available in performance and quality rebates)8%
Advertising Fee $15 /mo.2%
Year Founded 20042010
Year Franchised 20132010
Term Of Agreement 3 years10 years
Term Of Agreement 3 years10 years
Renewal Fee --


Business Experience Requirements
 
Look Good Naked Franchise
OrangeTheory Fitness Franchise
Experience -$150K liquidity, $500K net worth, business experience, team builder, outgoing demeanor

Financing Options
 
Look Good Naked Franchise
OrangeTheory Fitness Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/Yes
Start-up Costs -/--/Yes
Equipment -/--/Yes
Inventory -/--/Yes
Receivables -/--/Yes
Payroll -/--/Yes

Training & Support
 
Look Good Naked Franchise
OrangeTheory Fitness Franchise
Training -On-The-Job Training: 3.3 hours Classroom Training: 58.25 hours Additional Training: E-learning
Support

Since your success is directly tied to our success, whether it's your first business or your last business, our support team is there to help you achieve the results you're looking for in a business. Franchisees will learn how to construct a business and marketing plan based on the size of business you want to run and then we'll coach you along the way to help you get there. Franchisees receive weekly education and training for ongoing development, plus we provide the educational tools and support needed for all LGN participants.

Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Proprietary Software Franchisee Intranet Platform
Marketing -

Co-op advertising, Ad slicks, Regional advertising
Operations -Manual provided Number of Employees Required to Run: 8 - 11

Expansion Plans
 
Look Good Naked Franchise
OrangeTheory Fitness Franchise
US Expansion YesYes
Canada Expansion -Yes
International Expansion -Yes

Company Overviews

About Look Good Naked

A Look Good Naked Franchise offers: A great brand name - who doesn't want to look good naked? The brand has been creative from its outset; it's not about looking good naked to "other people", looking good naked is about what we say to "ourselves". So, even though the name has a risque edge to it, the brand that is conveyed is empowering people to change from the inside-out. It also portrays our philosophy on nutrition; eating non-processed foods that are free of hormones, pesticides, and other toxins that can affect how our metabolism works - it's Looking Good - the Naked way. Great margins - Why spend thousands in overhead and take out large loans just to make 5-10% on your money? Look Good Naked boasts margins that are 4-10 times better than other businesses, making your time worth more. A scalable model - Look Good Naked attracts mostly those that want to own and operate their business. But, that doesn't necessarily mean that the business is limited in size. Look Good Naked can be run as small as 1 session per day taught solely by the owner, to several sessions run in several areas by subcontracted or hired trainers. The system is built to pay trainers very well. Nutrition Guidance - Look Good Naked has assembled a team of nutrition experts that provide nutritional education both in the initial classroom training and to the trainers through a weekly newsletter. Clients also receive access to nutrition information through our CRM and website, along with weekly newsletters with nutritional concepts, ideas and recipes. Flexible locations - All franchisees get protected territories, however, since the business goes where ever the trainer goes; the location of the workouts are limitless. Local parks, your back yard, churches, community centers, roof tops of buildings, fields, side roads, cul-de-sacs, basements, barns, corporate offices - the list goes on and on. Bring your boot camp anywhere to change the scenery. And, because businesses are not part of the protected territories, you can solicit boot camps to businesses anywhere you want!

About OrangeTheory Fitness

Orangetheory Fitness is an exciting new fitness concept like no other that is sweeping the nation. Hailed by the New York Times as an effective new plateau-busting workout, Orangetheory Fitness leverages heart-rate-monitored interval exercise and group personal training to maximize calorie burn. In less than a year after opening the first Orangetheory Fitness studio in Ft. Lauderdale in March 2010, the franchise grew to 38 locations - and counting.
Orangetheory Fitness offers:
*Specialized group personal training sessions to mid- and high-income consumers
*Studio will drive substantial unique consumers to the retail location every month
*Best one-hour workout in the country
*Affordable group personal training
*55 classes per week at all levels
*Experienced, successful franchise company & management team

This is your opportunity to be a small business owner. When you open an Orangetheory Fitness franchise, you gain a support network of other franchisees, a branding plan for your business, and cooperative advertising.

"Top  ""
#95 in Canada's Top franchises.
#43 in Franchise 500 for 2020.