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Below is an in-depth analysis and side-by-side comparison of 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 | $608,172 - $1,800,322 | |
Franchise Fee | $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 | ||
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 |
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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 |