OrangeTheory Fitness vs Workout Anytime 24/7 Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of OrangeTheory Fitness vs Workout Anytime 24/7 including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$608,172 - $1,800,322 | $562,850 - $1,008,550 |
Franchise Fee |
$59,500 | $35,000 |
Royalty Fee |
8% | 4%+ |
Advertising Fee |
2% | 1% |
Year Founded |
2010 | 1999 |
Year Franchised |
2010 | 2005 |
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 | Yes/- |
Start-up Costs |
-/Yes | Yes/- |
Equipment |
-/Yes | -/Yes |
Inventory |
-/Yes | -/Yes |
Receivables |
-/Yes | -/- |
Payroll |
-/Yes | -/Yes |
Training & Support |
Training |
On-The-Job Training: 3.3 hours
Classroom Training: 58.25 hours
Additional Training: E-learning |
On-The-Job Training: 30 hours
Classroom Training: 40 hours
|
Support |
Newsletter
Meetings/Conventions
Toll-Free Line
Grand Opening
Online Support
Security/Safety Procedures
Field Operations
Proprietary Software
Franchisee Intranet Platform | Purchasing Co-ops
Newsletter
Meetings/Conventions
Toll-Free Line
Grand Opening
Online Support
Security/Safety Procedures
Field Operations
Site Selection
Proprietary Software
Franchisee Intranet Platform
|
Marketing |
Co-op advertising, Ad slicks, Regional advertising | Co-op Advertising
Ad Templates
National Media
Regional Advertising
Social media
SEO
Website development
Email marketing
|
Operations |
Manual provided
Number of Employees Required to Run: 8 - 11 | - |
Expansion Plans |
US Expansion |
Yes | Yes |
Canada Expansion |
Yes | - |
International Expansion |
Yes | 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.
#95 in Canada's Top franchises.
#43 in Franchise 500 for 2020.
About Workout Anytime 24/7
Franchising with Workout Anytime is a great option for those who are looking to have more control over their own destiny by running their own business. One of the perks of franchising with an established brand like Workout Anytime is that once your location is up and running, you’ll be able to enjoy greater flexibility with your time. We want our franchise-partners to enjoy financial and lifestyle independence by being able to delegate day-to-day tasks to their trusted employees, leaving them free to decide for themselves when they’d like to come in to work.
The total investment necessary to begin operation of a Workout Anytime franchised business is from $562,850 to $1,008,550. This
includes
$159,398 to $273,004 that must be paid to the franchisor or affiliate.
The total investment necessary under the Development Agreement is from
$1,643,550 to $2,980,650. This includes total initial franchise fees of
$60,000 that must be paid to the franchisor or its affiliates.
Veteran Incentives 22% off franchise fee
#351 in Franchise 500 for 2020.