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Updated RecentlyOrangeTheory Fitness vs Honor Yoga Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of OrangeTheory Fitness vs Honor Yoga including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $608,172 - $1,800,322 | $146,608 - $270,608 |
| Franchise Fee | $59,500 | $38,000 |
| Royalty Fee | 8% | - |
| Advertising Fee | 2% | - |
| Year Founded | 2010 | 2015 |
| Year Franchised | 2010 | 2016 |
| Term Of Agreement | 10 years | - |
| Term Of Agreement | 10 years | - |
| Renewal Fee | - | - |
Business Experience Requirements |
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| Experience | $150K liquidity, $500K net worth, business experience, team builder, outgoing demeanor | - |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | -/Yes | -/- |
| Start-up Costs | -/Yes | -/- |
| Equipment | -/Yes | -/- |
| Inventory | -/Yes | -/- |
| Receivables | -/Yes | -/- |
| Payroll | -/Yes | -/- |
Training & Support |
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| Training | On-The-Job Training: 3.3 hours Classroom Training: 58.25 hours Additional Training: E-learning | - |
| Support | 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 |
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| US Expansion | Yes | Yes |
| Canada Expansion | Yes | - |
| International Expansion | Yes | - |
Company Overviews
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.
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#95 in Canada's Top franchises.
#43 in Franchise 500 for 2020.
About Honor Yoga
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Honor Yoga is a sustainable community of healing offering an approachable, loving environment to honor your mind, body & self through the practice of yoga. Our beautiful eco-friendly studios are throughout Central NJ in Burlington, Mercer, Monmouth, Ocean & Somerset counties and expanding in the USA.
★ Our unique 200 and 300 Hour Yoga Alliance accredited Teacher Training Certification program is a life-changing experience.
★ Honor Yoga Now can help you practice and learn yoga through video subscription anywhere around the globe.
★ If bringing yoga to the world is your passion, and you have the leadership skills to manage and own your studio we are looking to work with you.
As a franchisee, you will operate an Honor Yoga studio which will offer yoga classes to students of all ages and at all stages of their practice in an eco-friendly environment. Class, workshops and series offerings include beginner yoga, intermediate yoga, advanced yoga, family yoga, teen/tween yoga, senior yoga, restorative yoga, heated yoga, pre/post-natal yoga, aerial yoga, yoga barre and various styles of meditation.
Honor Yoga - Mind, Body & Self