Orangetheory Fitness

Orangetheory Fitness

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Promoted Opportunities

Orangetheory Fitness
#19

Initial Investment

LOW: $424,500
HIGH: $980,800

Change in Units

+37.3% +126 UNITS (1 Year)
+1,121.1% +426 UNITS (3 Years)

Company Profile

Founded

2010

Franchising Since

2010 (7 Years)

Corporate Address

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

CEO

David Long

Parent Company

Ultimate Fitness Holdings LLC

About Orangetheory Fitness

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.

Financials

Financial Requirements

Initial Investment

$424,500 - $980,800

Net-worth Requirement

$500,000

Liquid Cash Requirement

$150,000

Ongoing Fees

Initial Franchise Fee

$49,500

Ongoing Royalty Fee

7%

Ad Royalty Fee

1%

Financing Options

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

Units (Locations)

Where Seeking Franchisees:
Franchisor is seeking new franchise units throughout the U.S. and in the following regions/states: See List

Operations & Franchisor Support

Training Onsite: 5 days

Training at headquarters: 5 days

Additional Training: E-learning

Ongoing Support
Newsletter
Meetings
Toll-Free Line
Grand Opening
Internet
Field Operations

Marketing Support
Co-op Advertising
Ad Slicks
National Media
Regional Media

Number of employees required to run: 8 - 11

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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: April 27th, 2017

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