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.
Orangetheory 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 owns over 130 studios, employs over 1,000 people, and is led by CEO Jamie Weeks. In 2017, Prospect Hill Growth Partners became an equity partner. Franchise owners can make over $200,000 yearly.
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.
The total investment to begin an Orangetheory Franchise includes an initial franchise fee of $59,950. Ongoing royalties and expenses also need considering.