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Overview of Orangetheory Fitness Franchise
- Orangetheory Fitness Franchise, LLC sells franchises where individuals or firms purchase territory and location rights to own and operate studios.
- The total investment to launch a franchise is $563,529–$994,121, including a $59,950 initial fee, with profit potential dependent on location.
Orangetheory Fitness Concept
- Orangetheory is a heart-rate based total-body group workout that combines science, coaching, and technology.
- As of 2020, the chain has over one million members across its 2,500 global locations.
Honors Holdings and Franchise Ownership
- Honors Holdings, led by CEO Jamie Weeks, is the largest franchisee of Orangetheory with over 130 studios and 1,000 employees.
- Franchise owners can potentially earn over $200,000 annually.
- Revenue and franchise units are continuously growing, attracting many franchisees to own multiple studios.