Orangetheory Fitness
#43 Franchise 500| Group personal training

Orangetheory Fitness
Group personal training

About
Founded

2010

Franchising Since

2010 (10 Years)

Corporate Address

6000 Broken Sound Pkwy. N.W., #200
Boca Raton, FL 33487

Leadership

David Long, CEO

Parent Company

Ultimate Fitness Holdings LLC

Financial Requirements
Initial Investment

$576,022 - $1,498,122

Net-worth Requirement

$500,000

Liquid Cash Requirement

$150,000

Ongoing Fees
Initial Franchise Fee

$59,950 - $59,950

Ongoing Royalty Fee

8%

Ad Royalty Fee

2%

Financing Options

Orangetheory Fitness has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory, accounts receivable

Support Options
Ongoing Support

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 Support

Co-op Advertising

Ad Templates

National Media

Regional Advertising

Social media

SEO

Website development

Email marketing

Loyalty program/app

On-The-Job Training:

36 hours

Classroom Training:

33 hours

Additional Training:

E-learning

Number of Employees Required to Run:

12

Orangetheory Fitness is ranked #43 in the Franchise 500!
Bio
Orangetheory Fitness studios offer trainer-led group workout sessions, which are broken into intervals of cardiovascular and strength training. Equipment used in the classes includes treadmills, rowing machines and free weights. Each participant also wears a heart-rate monitor, and their heart rate is displayed on screens during the workout. The company has been franchising since 2010.
Cost
Initial Investment: Low - $576,022 High - $1,498,122
Units
+22.5%+225 UNITS (1 Year) +164.0%+761 UNITS (3 Years)

Units (Locations)

Where Seeking Franchisees:

Franchisor is seeking new franchise units worldwide.

Franchise Articles

Busting the Myths of Franchising

It's important to balance challenges with something personally meaningful.

Franchises: An Accessible and Successful Investment Model in Mexico

In the country franchises of all kinds are obtained, from restaurants, gas stations, gyms, to courier services. And as a whole, they have a relevant weight in the national economy.

Why Most Ghost Kitchens Will Fail in 2021

Ghost kitchens exploded in popularity this year, but are they a house of cards?

6 Ways Being in a Franchise System Helped Me Survive Covid-19

Here's how franchise systems are built to handle pivots and pressure.

10-Step Roadmap to Franchising Success

Here's what a business owner should consider when looking to turn their existing business into a franchise opportunity.

Disclaimer

The Franchise 500 is not intended to endorse, advertise, or recommend any particular franchise. It is solely a research tool you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing money in a franchise.
Updated: May 19th, 2020