How much does an Orangetheory owner make?
Orangetheory Fitness Franchise, LLC sells franchises to individuals or companies. They purchase territory and location rights to independently own and operate their local Orangetheory studio. The total investment to launch a franchise ranges from $563,529–$994,121, including a $59,950 initial fee. Profit potential depends on location.
Overview of Orangetheory Franchise
Orangetheory Fitness is a heart-rate based total-body group workout with 2,500 locations globally. The workouts combine science, coaching, and technology. Revenue and franchises continue growing.
Honors Holdings – Leading Franchisee
Honors Holdings owns over 130 studios, employs over 1,000 people, and is led by CEO Jamie Weeks. Franchise owners can make over $200,000 yearly.
Orangetheory Fitness Franchise, LLC sells franchises. Individuals or companies purchase territory and location rights. They then independently own and operate their local Orangetheory studio. The total investment to launch a franchise ranges from $563,529–$994,121, including a $59,950 initial fee. Profit potential depends on location.
Orangetheory Fitness Franchise, LLC sells franchise licenses. Franchisees purchase the rights to open and operate Orangetheory fitness studios. They independently own and operate their local Orangetheory studio. Individuals or companies purchase a franchise territory and location rights from Orangetheory Fitness Franchise, LLC.
Honors Holdings, led by CEO Jamie Weeks, is the largest franchisee. They own over 130+ Orangetheory studios and employ over 1,000 people. In 2017, Prospect Hill Growth Partners became a major equity partner. Franchise owners can make over $200,000 per year. Profit potential depends on location and other factors.