Orangetheory Fitness

Orangetheory Fitness

Group personal training
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2021 Franchise 500 Rank
N/R Ranked #43 last year
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Initial investment
$576K - $1.5M
Units as of 2020
1,385 89.5% over 3 years

Company Overview

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.

About Orangetheory Fitness

Related Categories
Fitness
Founded
2010
Parent Company
Ultimate Fitness Holdings LLC
Leadership
David Long, CEO

Franchising Overview

Franchising Since
2010 (11 years)
# of employees at HQ
176
Where seeking

This company is seeking new franchisees throughout the US.

This company is seeking new franchisees worldwide.

# of Units
1,385 (as of 2020)

Franchisor Information

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

Information for Franchisees

Here’s what you need to know if you’re interested in opening a Orangetheory Fitness franchise.

Financial Requirements & Ongoing Fees

Here’s what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.

Initial Franchise Fee
$59,950
Initial Investment
$576,022 - $1,498,122
Net Worth Requirement
$500,000
Cash Requirement
$150,000
Royalty Fee
8%
Ad Royalty Fee
2%
Term of Agreement
10 years
Is franchise term renewable?
Yes

Financing Options

Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.

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

Training & Support Offered

Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.

On-The-Job Training
36 hours
Classroom Training
33 hours
Additional Training
E-learning
Ongoing Support
Purchasing Co-ops
Newsletter
Meetings & Conventions
Toll-Free Line
Grand Opening
Online Support
Security & Safety Procedures
Lease Negotiation
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

Operations

Additional details about running this franchise.

Is absentee ownership allowed?
No
Can this franchise be run from home/mobile unit?
No
Can this franchise be run part time?
No
# of employees required to run
12
Are exclusive territories available?
Yes

Franchise 500 Ranking History

Compare where Orangetheory Fitness landed on this year’s Franchise 500 Ranking versus previous years.

Additional Rankings

Curious to know where Orangetheory Fitness ranked on other franchise lists? Find out below.

Ranked #110

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Disclaimer
The information on this page is not intended as an endorsement or recommendation of any particular franchise by Entrepreneur Media. Our franchise listings and rankings are solely research tools you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise. That should include reviewing the franchisor's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees.
Updated: February 8th, 2021