Full Answer
How much does an Orangetheory franchise owner make?
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.
Who owns the most Orangetheory franchises?
Honors HoldingsHonors Holdings, founded in 2014 and headquartered in Atlanta, GA, is the world's largest franchisee of Orangetheory Fitness studios. Honors operates and oversees more than 120 existing Orangetheory® Fitness studios, including more than 75 corporate owned locations and more than 45 subfranchised studios.
Are Orange theories franchises?
Today OTF has taken the world by storm to become one of the most well-known fitness franchises on the planet. We're spread across more than 1,500 studios in 25 countries across the globe.
Are Orangetheory workouts the same everywhere?
All OrangeTheory studios across the country do the exact same workout in a given day, so it doesn't matter which time you sign up for within a day or what studio you attend. That's a really neat thing about OrangeTheory.
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.
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 many orange theories are there in the world?
Orangetheory Fitness has over 1,300 studios throughout 50 states and 23 countries.
Can you go to different Orangetheory locations?
As an Orangetheory member, your membership is good at any Orangetheory location* in the country where your membership was purchased. Outside of the country, you'll pay the drop-in rate in place at the studio you visit.
Is Orangetheory afterburn real?
In short, the afterburn effect is real, but perhaps not as impressive as the company claims. Men's Health exercise-science advisor Brad Schoenfeld, Ph.
How many splat points is too many?
3 answers. Splat points are minutes spent in the orange and red heart rate zones. 34 minutes is a lot to spend there, overall. Generally you want members to hit 20 or so, but it varies a lot from person to person.
What is the Orangetheory Tornado?
Description. The Tornado is a fast paced, ever changing workout designed for 9 rounds of :60 hard efforts in each of the 3 workout components: Treadmill, Rowers and Weight Floor. You can expect high heart rate training with :45 seconds recovery between each hard effort.
Who owns Orangetheory?
Roark Capital GroupOrangetheory Fitness / Parent organizationRoark Capital Group is an American private equity firm with over $33 billion in assets under management. The firm is focused on leveraged buyout investments in middle-market companies, primarily in the franchise/multi-location, restaurant and food, health and wellness, and business services sectors. Wikipedia
What franchise is the most profitable?
Most Profitable FranchisesDunkin'7-Eleven.Planet Fitness.JAN-PRO.Taco Bell.Orangetheory Fitness.Great Clips.Mac Tools.More items...•
Who bought orange theory?
Level 5 Capital Partners112 Orangetheory Fitness Studios Purchased by Level 5 Capital Partners.
How many members does orange theory 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 Orange Effect?
studio to prove it. Orangetheory is a science-backed, technology-tracked, coach-inspired group workout designed to produce results from the inside out.
How many OTF studios are there?
Today OTF has taken the world by storm to become one of the most well-known fitness franchises on the planet. We’re spread across more than 1,400 studios in 25 countries across the globe.
What are the two business opportunities available to potential investors?
There are essentially two business opportunities available to potential investors: Master Franchising and Sub-Franchising.
Background
In 2007, physiologist Ellen Latham brought science and fitness together in a revolutionary way. She called it the Orange Effect and started a U.S. studio to prove the revolution was real.
Support and Training Offered By Orangetheory Fitness
In terms of training, the franchise offers franchisees on-the-job training that lasts for 36 hours, as well as 33 hours of classroom training.
Franchises Similar to Orangetheory Fitness
The International Franchise Professionals Group (IFPG) is an internationally recognized membership-based franchise organization. IFPG Franchise Consultants guide aspiring business owners through the process of identifying and investing in franchise businesses. The IFPG represents more than 550 franchises.
How much does a "Orangetheory" franchise cost?
The minimum amount required for a franchisee to invest is $675,542 and can go all the way up to $2,105,322.
How many "Orangetheory" units are in the United States?
There are 1213 Orangetheory locations in the United States, of which "16" are corporate units and 16 are franchise units.
From the Franchise Disclosure Document of "Orangetheory", that was issued on, 06, 09 2021
OTF Franchisor, LLC offers franchises for the operation of health and fitness studios that offer members access to exercise equipment, including cardio and strength equipment, in a simple, contemporary atmosphere characterized by our signature, energizing orange color scheme and trade dress under the Orangetheroy trademarks.
