OrangeTheory Fitness vs Legends Boxing Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of OrangeTheory Fitness vs Legends Boxing 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 | $313,951 - $734,835 |
Franchise Fee |
$59,500 | $51,900 |
Royalty Fee |
8% | - |
Advertising Fee |
2% | - |
Year Founded |
2010 | 2017 |
Year Franchised |
2010 | 2017 |
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 | - |
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 | Yes |
Canada Expansion |
Yes | - |
International Expansion |
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 Legends Boxing
The Legends Boxing brand has “put in the hard yards” to ensure that the
franchise owner has a spectacular fitness club that provides its members
with a safe, respectful, and cutting-edge atmosphere. When you
franchise with Legends, you receive a full-service real estate team,
prompt turnkey construction processes, a marketing plan that quickly
grows membership, ongoing training and support, and a proven business
model to follow.
The total investment necessary to begin operation of a Legends Boxing
franchise is approximately $313,951 to $621,035. This includes $64,850
that must be paid to the franchisor or their affiliates.
The total
investment necessary to begin operation under a Legends Boxing area
development agreement is approximately $366,951 to $734,835 for 3-5
Franchised Businesses within a Development Area (with 2 as the minimum).
This includes $117,850 to $178,650 that must be paid to the franchisor
or their affiliates.