Orangetheory Franchise Opportunities
Orangetheory franchise is an international fitness chain which started in the USA and expanded to 21 countries. It specializes in group and personal training workouts. Owning an Orangetheory fitness franchise means seizing a vast range of Orangetheory fitness franchise opportunities. Such as many years of experience in the industry, a set of trainings for a franchisee, a reasonable cost and profit ratio. How to start an Orangetheory franchise? Choose the format among offered for sale, analyze Orangetheory franchise investment information including all fees required to pay for starting the franchise, study the franchise requirements and match them with your needs and ambitions.
How to open a Orangetheory Fitness franchise?
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Ensure you have adequate capitalization.
In order to open a Orangetheory Fitness franchise, you must have a net worth of more than $488,000. -
Appreciate the investment required for a franchise.
You will need to consider building and real estate costs, the cost of equipment and signs, the costs of licenses and permits, the cost of uniforms, the cost of insurance, etc. -
Evaluate your prior experience and strengths.
You should thoroughly evaluate your prior business experience before applying to become a Orangetheory Fitness franchise owner. -
Assess market availability.
You will want to look at the market availability for Orangetheory Fitness franchises and see if there are available markets in your location of interest before proceeding with the franchising application. -
Submit your application.
Your application will be reviewed by the Orangetheory Fitness franchise team. You will be emailed a confirmation receipt upon reception of your online application, where we will additionally provide the contact details of the franchise owner. -
Receive approval & opening your Orangetheory Fitness franchise.
You will receive franchise approval once your financial and background checks are completed. Approval will only be given to candidates who meet all the requirements of franchise owners.
How much does Orangetheory Fitness franchise cost?
Orangetheory Fitness has the franchise fee of up to $59,950, with total initial investment range of $488,405 to $994,360.
Initial investments: $488,405 - $994,360
Net-worth Requirement: $500,000
Liquid Cash Requirement: $150,000
| Name of Fee | Low | High |
|---|---|---|
| Initial Franchise Fee | $42,500 | $49,500 |
| Travel and Living Expenses During Training (for all attendees) | $1,200 | $4,800 |
| Deposit for Leasehold | $12,000 | $30,000 |
| 3 Month's Rent | $18,000 | $45,000 |
| Leaseholds Improvements and Construction Costs | $200,000 | $560,000 |
| Reception Desk, Retail Display Wall and all Interior Logo Signage | $11,500 | $14,500 |
| Fitness Equipment (including installation) and OT Beat Start-Up System | $93,108 | $111,913 |
| Fitness Equipment Maintenance Contract | $900 | $1,500 |
| Initial Inventory of Orangetheory Fitness Retail Merchandise | $4,000 | $6,000 |
| AED and First Aid Equipment/Training | $1,000 | $5,000 |
| Exterior Signage | $5,000 | $7,000 |
| Audio/Video System, Other Equipment and Supplies | $20,500 | $25,500 |
| Computer System | $14,000 | $18,000 |
| Pre-Sale and Grand Opening Advertising | $30,000 | $40,000 |
| Pre-Sale Coordinator Program | $0 | $3,900 |
| Business Licenses/Miscellaneous Opening Costs | $1,000 | $4,000 |
| Insurance | $3,500 | $5,000 |
| Additional Funds - 3 months | $25,000 | $50,000 |
| Estimated Total (Excluding real estate purchase costs) | $488,405 | $994,360 |
Ongoing Fees
Initial Franchise Fee: $59,950
Ongoing Royalty Fee: 8%
Ad Royalty Fee 2%
Are you interested in starting Orangetheory Fitness Franchise in the USA, Canada, Australia, Germany, the UK, India, or another country?
We provide estimated franchise costs for some countries:
- In the United States, the total investment to start the Orangetheory Fitness gym is around $488,405 to $994,360.
- In Canadian currency, the investment comes around Can$624,015 to Can$1,270,454.
- In Australian currency, the investment comes around AUD 637,000 to AUD 1,297,000.
- In currency of Germany, the investment comes around €397,339 to €808,956.
- In currency of the United Kingdom, the investment comes around £359,165 to £731,230.
- In Indian currency, the investment comes around Rs 3,57 crores to Rs 7,28 crores.
Support Options
On-The-Job Training: 36 hours
Classroom Training: 33 hours
Additional Training: E-learning
Number of Employees Required to Run: 8 - 11
Orangetheory Fitness Franchise Profit
For those eyeing the fitness industry, the Orangetheory Fitness franchise is a vibrant contender. But what's the profit potential in this world of heart-pumping workouts and healthy living?
On average, an Orangetheory Fitness franchise profit is substantial. The estimated revenue varies based on factors like location, staff, and local gym industry competition. While costs, including rent, staff salaries, and royalty fees, represent a slice of the pie, the potential profit is enticing.
Orangetheory's franchise fee grants access to a proven system, and the EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) can make a compelling case for profitability.
In the fitness franchise landscape, Orangetheory stands out. Its unique approach and dedicated following make it a symbol of success. The profit you can make depends on your ability to motivate and guide members on their fitness journeys. So, if you're passionate about fitness and ready to invest in your future, the Orangetheory Fitness franchise could represent a path to a healthier profit.
Orangetheory Franchise Info: https://www.orangetheoryfitness.com/franchising
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Starting investments from:$488,405
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Company type:Gym
- Company foundation year:2010
- Year of launching the franchise2010
- Franchise enterprises:977
- Corporate Address:6000 Broken Sound Pkwy. N.W., #200 Boca Raton, FL 33487, USA
- Units in USA:36+
- Units in Canada:60+
- Units in the UK:6
- Units in Australia:6
- Units in Mexico:2