| ||||
Updated RecentlyOrangeTheory Fitness vs Physique 57 Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of OrangeTheory Fitness vs Physique 57 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 | $284,537 - $615,551 |
| Franchise Fee | $59,500 | $50,000 |
| Royalty Fee | 8% | 7% |
| Advertising Fee | 2% | - |
| Year Founded | 2010 | 2005 |
| Year Franchised | 2010 | 2019 |
| 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 | On-The-Job Training: 3.3 hours Classroom Training: 58.25 hours Additional Training: E-learning | On-The-Job Training: 40-185 hours Classroom Training: 45-100 hours |
| Support | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Proprietary Software Franchisee Intranet Platform | Grand Opening Security/Safety Procedures Field Operations Site Selection |
| Marketing | Co-op advertising, Ad slicks, Regional advertising | Ad Templates 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.
!["Top]("https://www.betheboss.ca/images/top-100-logo.final%202020.png"){kind=logo}
![""]("https://static.franchisedirect.ie/dims4/default/9cfe0cd/2147483647/crop/454x434%2B0%2B0/resize/200x191/quality/95/?url=http%3A%2F%2Fd1imm0s6tc8o7m.cloudfront.net%2F1f%2F1f%2F47018bb74550b92351e946038cf1%2Ftop100-big-2020.png")
#95 in Canada's Top franchises.
#43 in Franchise 500 for 2020.
About Physique 57
!["Physique]("https://fddexchange.com/wp-content/uploads/2020/08/Physique-57.jpg")
With studios across the globe in the United States, Dubai, Bangkok, Manila, and Mumbai,
Physique 57 inspires clients of all ages to transform their bodies and
strive for optimal well-being by providing a dynamic, challenging and
empowering fitness experience.
Currently, the following states regulate the offer and sale of
franchises: California, Hawaii, Illinois, Indiana, Maryland, Michigan,
Minnesota, New York, North Dakota, Oregon, Rhode Island, South Dakota,
Virginia, Washington and Wisconsin. Physique57 may not be registered in
all of the registration states and may not offer franchises to residents
of those states or to persons wishing to locate a franchise in those
states. If you are a resident of or want to operate a franchise in one
of these states, we will not offer you a franchise unless and until we
have complied with applicable pre-sale registration and disclosure
requirements in your state.
Coming in 2021
Physique
57 delivers results in only 8 workouts as a result of our
scientifically based proprietary method. Efficient and effective for
busy women who want rapid, visible transformations that can be
maintained long term.