Nitro Fitness for Men vs OrangeTheory Fitness Franchise Comparison

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

Start-Up Costs and Fees

 
Nitro Fitness for Men Franchise
OrangeTheory Fitness Franchise
Investment $55,500 - $76,500$608,172 - $1,800,322
Franchise Fee $39,800$59,500
Royalty Fee $498/month8%
Advertising Fee -2%
Year Founded 20042010
Year Franchised 20042010
Term Of Agreement 7 years10 years
Term Of Agreement 7 years10 years
Renewal Fee $5000-


Business Experience Requirements

 
Nitro Fitness for Men Franchise
OrangeTheory Fitness Franchise
Experience -$150K liquidity, $500K net worth, business experience, team builder, outgoing demeanor

Financing Options

 
Nitro Fitness for Men Franchise
OrangeTheory Fitness Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees No/Yes-/Yes
Start-up Costs No/Yes-/Yes
Equipment No/Yes-/Yes
Inventory No/Yes-/Yes
Receivables No/Yes-/Yes
Payroll No/No-/Yes

Training & Support

 
Nitro Fitness for Men Franchise
OrangeTheory Fitness Franchise
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

 
Nitro Fitness for Men Franchise
OrangeTheory Fitness Franchise
US Expansion -Yes
Canada Expansion NoYes
International Expansion NoYes

Company Overviews

About Nitro Fitness for Men

The Nitro franchise business was created by experienced businessmen with systems, solutions and services designed for franchise owners. Franchising opportunities are available for a total capital investment of $55,500 to $76,500. Liquid capital required is only $30,000.

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.