Orangetheory Fitness Franchise Overview
Orangetheory Fitness Franchise, LLC sells franchises. Individuals or firms purchase territory and location rights. The total investment to launch a franchise ranges from $563,529–$994,121. This includes a $59,950 initial fee. Revenue and franchises continue growing. The workouts combine science, coaching, and technology. Many franchisees own multiple studios.
Leading Orangetheory Franchisee
Honors Holdings, is the largest franchisee. They own over 130 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 yearly.
Franchise Details
Individuals or companies purchase a franchise territory and location rights from Orangetheory Fitness Franchise, LLC. They then independently own and operate their local Orangetheory studio. There are 2,500 locations globally. Orangetheory is a heart-rate based total-body group workout.