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How much do OTF franchise owners make?
Average Orangetheory Fitness Owner/Manager yearly pay in the United States is approximately $110,000, which is 60% above the national average.
Do Orangetheory franchises make money?
Estimated Average Franchise Revenue: $517,000 1- Based on a midpoint investment of $1,378,500 with estimated profits of $51,800 (10% profit margin) it would take about 27 years to recoup your investment.
How much does a Orangetheory make a year?
How much does Orangetheory Fitness in California pay? Average Orangetheory Fitness hourly pay ranges from approximately $8.00 per hour for Sign Holder to $45.67 per hour for Head Coach. The average Orangetheory Fitness salary ranges from approximately $24,000 per year for Coach to $126,671 per year for Project Manager.
How much does it cost to open an OTF?
The cost to start a Orangetheory Franchise will include the following: Total Investment: The total investment necessary to begin operation of a “Orangetheory Franchise” franchise ranges from $563,529 – $994,121. Initial Fees: Initial franchise fee: $59,950.
What franchise is the most profitable?
Most Profitable FranchisesAnytime Fitness. Anytime Fitness is a popular gym brand with a low-cost investment and high revenue potential. ... McDonald's. McDonald's franchise program is one of the most established in the fast food industry. ... UPS Store. ... Jersey Mike's Subs. ... Dunkin' ... Sport Clips. ... 7-Eleven. ... Papa John's.
How much does franchise owner make?
Franchise Business Review found that the average annual pre-tax income of franchise owners in America is $80,000. Only 7% of franchise owners make more than $250,000 annually, and 51% earn less than $50,000.
How are Orangetheory coaches paid?
Hourly Pay Rate Can Be Great Coaches get paid by how many members join their classes. The fewer the members, the lower the pay. There is a max of 4 classes you can coach in a row.
Is Orangetheory overpriced?
It is expensive, and the employees can be too salesy. Like other gyms that focus primarily on group fitness such as F45 or CrossFit, Orangetheory is much more expensive than most standard gyms. And when you go for your first class, the staff can be pushy about getting you to sign up for a membership.
How much do Orangetheory coaches make in California?
How much does a Personal Trainer make at Orangetheory Fitness in California? Average Orangetheory Fitness Personal Trainer hourly pay in California is approximately $39.85, which is 74% above the national average.
What is the most profitable franchise to own in 2022?
Most Profitable FranchisesDunkin'7-Eleven.Planet Fitness.JAN-PRO.Taco Bell.Orangetheory Fitness.Great Clips.Mac Tools.More items...•
What is the cost of McDonald's franchise?
Documents- ID cards, lease documents, etc. Franchise Investment Cost- In India, if anyone wants to start a McDonald's franchise in India, then their net worth should be between INR 10 to 15 Crore. Also, assets worth INR 5 Crore should be in the form of cash or liquid assets.
How many members does Orangetheory have?
one million membersAs of 2020, the chain has over one million members....Orangetheory Fitness.An Orangetheory Fitness studio in Markham, OntarioHeadquartersBoca Raton, Florida , United StatesNumber of locations1,225 (2019)8 more rows
What is the most profitable franchise to own in 2022?
Most Profitable FranchisesDunkin'7-Eleven.Planet Fitness.JAN-PRO.Taco Bell.Orangetheory Fitness.Great Clips.Mac Tools.More items...•
How are Orangetheory coaches paid?
Hourly Pay Rate Can Be Great Coaches get paid by how many members join their classes. The fewer the members, the lower the pay. There is a max of 4 classes you can coach in a row.
Is Orangetheory overpriced?
It is expensive, and the employees can be too salesy. Like other gyms that focus primarily on group fitness such as F45 or CrossFit, Orangetheory is much more expensive than most standard gyms. And when you go for your first class, the staff can be pushy about getting you to sign up for a membership.
Who is orange theory owned by?
Ellen LathamEllen Latham created the Orangetheory Fitness workout with one goal in mind: to make sure anyone who tried it was successful. It's safe to say that she accomplished this goal, as Orangetheory now has nearly 1 million members and over 1,000 studios all over the world.
How much does an Orange Theory Fitness franchise make?
Typically, franchise profits are proportionate to the size of investment. We can help you figure out how much money you can make by reviewing your personal situation. Please unlock this franchise for more information.
What is an orange theory?
Orange Theory Fitness Studios are health and fitness studios that offer members access to exercise equipment, including cardio and strength equipment, in a simple, contemporary atmosphere characterized by a signature, energizing orange color scheme and trade dress.
How many franchise locations do they have?
As of the 2020 Franchise Disclosure Document, there are 1197 franchised Orange Theory Fitness locations in the USA.
What does it mean to find the best franchise?
Finding the best franchise means comparing several brands to determine the ideal fit for you.
Orangetheory Fitness Salary FAQs
How does the salary as a Franchise Owner at Orangetheory Fitness compare with the base salary range for this job?
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Orangetheory Fitness Careers
Become part of a bigger mission to help others live longer, more vibrant lives. If you join one of our independently owned and operated... – More
What is Orange Theory Fitness?
Orange Theory Fitness operates gyms which incorporate scientific processes proven to help rejuvenate the body. Our specialized group sessions promise to increase daily energy and productivity, stamina, and cardiovascular health. Whether you are a first-time franchisee or an experienced business owner, the Orangetheory Fitness franchise system empowers you to get more out of what you want from your business and your life
What is Orangetheory?
Orangetheory ® is a proven system that includes ongoing training and marketing – with Franchisor advice on location, programming, operations, business plan and branding. Our business model offers:
Why is OrangeTheory so popular?
The unique setup of the business so that all sessions are group sessions helps keep accountability and makes it easier to bring in more people at once as people can make it a social gathering.
Is splash and dash a fitness franchise?
If you are concerned about the cost and potential return on investment with an OrangeTheory fitness franchise then you should consider a Splash and Dash franchise. Sure this is not a weight loss franchise but rather a pet franchise. It is also an Inc 500 company and growing strong over the last few years. The company revolutionized the pet industry when they introduced their signature bath membership which allows people to bring their pets in for unlimited baths and brushes for a fee that is around what many pet stores charge just for a bath. While this may seem like it won’t make the company money, they have found the recurring revenue from the memberships are great and this even helps to drive sales in the grooming salon and boutique as well.
Does OrangeTheory have unlimited plans?
There are different plans available with an OrangeTheory fitness franchise. This is based on the number of times a person comes in during the month or they can do an unlimited package so they can come in as much as they want.
Can This Provide a Good ROI?
Now that you have seen the different ways this company can make money, the next thing to consider is how the return on investment is with an OrangeTheory fitness franchise. The truth is that there is no way to guarantee this as every market is a little different and it will really depend on how well you handle your marketing and what the people in your local area are interested in. For instance, people in your area may prefer gyms where they can work out on their own or may like solo classes rather than a group environment. Also, you need to think about the cost to open the business. The minimum cost to open is over $437,600 and this number can go up as high as $772,100. While the franchise fee itself is not too bad at $39.400, the real issue here is buying all the equipment needed.
How much does Orangetheory pay?
How much does Orangetheory Fitness in the United States pay? Average Orangetheory Fitness hourly pay ranges from approximately $10.00 per hour for Sales Specialist to $40.81 per hour for Coach. The average Orangetheory Fitness salary ranges from approximately $23,000 per year for Marketing Intern to $88,072 per year for Regional Sales Manager.
How much does Orangetheory Fitness in the United States pay?
The average Orangetheory Fitness salary ranges from approximately $20,000 per year for Front Desk Receptionist to $88,795 per year for Engineer.