Fernwood Women's Health Clubs vs OrangeTheory Fitness Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Fernwood Women's Health Clubs vs OrangeTheory Fitness including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$500,000 - And Up | $608,172 - $1,800,322 |
Franchise Fee |
N/A | $59,500 |
Royalty Fee |
- | 8% |
Advertising Fee |
- | 2% |
Year Founded |
1989 | 2010 |
Year Franchised |
1993 | 2010 |
Term Of Agreement |
- | 10 years |
Term Of Agreement |
- | 10 years |
Renewal Fee |
- | - |
Business Experience Requirements |
Experience |
- | $150K liquidity, $500K net worth, business experience, team builder, outgoing demeanor |
Financing Options |
|
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 |
Training |
� Three weeks comprehensive program
� E-learning modules
� This includes one week at National Support Office and two weeks in club
� Ongoing in-club support & 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 |
US Expansion |
- | Yes |
Canada Expansion |
- | Yes |
International Expansion |
Yes | Yes |
Company Overviews
About Fernwood Women's Health Clubs
Looking to own your own Fernwood business?Fernwood Women's Health Clubs is a dominant player in the women's-only fitness in Australia. It owes its success to the quality of the franchisees who work hard in partnership with Fernwood to make a difference in the lives of women.
We want franchise partners to join our team who:
*Have a passion for customer service
*Have a passion for health & fitness
*Have a passion to drive your own business
*Have a passion to make a difference
Fernwood system offers:
*a well branded and dominate player in women's only fitness
*lifestyle and financial rewards
*opportunity for personal growth and achievements
*full training and on going support
*security of a long term franchise model
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.
#95 in Canada's Top franchises.
#43 in Franchise 500 for 2020.