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Below is an in-depth analysis and side-by-side comparison of Thrive Active Fitness Clubs vs OrangeTheory Fitness including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $140,000 - $750,000 | $608,172 - $1,800,322 |
Franchise Fee | $40,000 | $59,500 |
Royalty Fee | - | 8% |
Advertising Fee | - | 2% |
Year Founded | - | 2010 |
Year Franchised | - | 2010 |
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 |
Canada Expansion | - | Yes |
International Expansion | - | Yes |
Considering all of the endeavors you could pursue in your life, why not set your personal, business and financial goals to align with a philosophy of health, happiness and prosperity? With Thrive Active Fitness Clubs, you can do just that! The fulfilling experience of being a part of our completely integrated franchise model is only surpassed by knowing that you are making a positive difference in the lives of your club members. And how are you accomplishing that? Simple - by offering certified personal training in the areas of nutrition and exercise through our Thrive Biophase Training Systems. This element of the business becomes your sustainable competitive advantage and is generated month in, month out through our frequent, consistent and strategic print marketing program. Service is built right into our franchise model, not an extra-cost add-on! So, from the first step of business planning, to build-out, grand opening and start-up, continuing on through club operations, our franchisees receive a high level of support month after month, year after year. Our franchise development team is focused on your success every step of the way. Read on to see why you too should choose Thrive Active Fitness Clubs as the fitness franchise within your portfolio. Contact Us at your convenience. We stand ready to help you determine if a franchise with Thrive Active Fitness Clubs is right for you.