This is the perfect blog for those Indian Entrepreneurs who want to invest big capital in the Fitness Industry. As you know, the fitness industry in India has been multiplying for the last 5 years. Right now most people have become health conscious and hit the gym every day. Well, you can also be a part of the fitness industry business by investing money in the Franchise model. Yes, we are talking about the Orangetheory Fitness Franchise Business Opportunity in India. Orangetheory Fitness is well know brand in the United States and now it wants to expand its branches out of the country.
Orangetheory Fitness Franchise in India
Let’s explore the basic information of a very famous fitness brand “Orangertheory Fitness”. This is a multinational chain of fitness centers called Orangetheory originated in the USA and has now spread to 21 nations. This Fitness Centre especially famous for workouts for both personal and group training are its specialty. Orangetheory is a coach-inspired, scientifically supported, technologically monitored group exercise program that targets internal body issues. We make it easy for you to challenge yourself, achieve your personal best, and give it your all.
The hardest part of our workouts is just turning up. MORE outcomes. MORE self-assurance. ADDITIONAL Life. beyond a gym. Since exercising shouldn’t be your life. Exercise is essential to survival. Seizing a wide selection of Orangetheory fitness franchise possibilities is part of becoming an Orangetheory fitness franchise owner. For instance, several years of expertise in the field, a training program for a franchisee, and a fair cost-to-profit ratio. How can a franchise for Orangetheory be started? Select the format from those that are for sale, research the Orangetheory franchise investment details, including all startup costs, and make sure that the criteria align with your goals and desires.
Orangetheory Fitness India Company Overview
Post Topic | Orangetheory Fitness Franchise Cost & Profit Margin |
Industry | Health & Wellness |
Related Categories | Fitness |
Established In | 2010 |
Parent Company | Ultimate Fitness Holdings, LLC |
Leadership | Richard Armstrong, CDO |
No. of Outlets | 1,500 studios in 25 countries |
Official Website | https://www.orangetheory.com/ |
Orangetheory Fitness Franchise Cost in India
This section will help you to give an idea of the Financial Requirements for opening the Orangetheory Fitness Franchise in India. Let’s check out the details for Franchise Fees, Charges, Total Investments, etc in the below-mentioned table only:-
Initial Investment | INR 1 Crore Lakhs |
Initial Franchise Fee | Rs 50 Lakhs |
Cash Requirement | 1. 5 to 2 Crore |
Royalty Fee | 8% |
Ad Royalty Fee | 3% |
Term of Agreement | 10 years |
Total Requirements | 5 to 8 Crore |
Profit – Margin in Orangetheory Fitness Franchise
Orangetheory Fitness franchisees have an average payback period of 11 years, which is longer than the norm for fitness franchises (8 to 9 years). All the investors of this franchise business model can earn up assuming a net profit margin of 15% to 25%. You have around 11 years to recover your investment and pay off all of your creditors, including banks and investors. It’s not the finest payback period we discovered for fitness franchises, but it’s not horrible either. Nevertheless, you shouldn’t base your choice just on your ability to generate income and swiftly recover your investment.
How to start the Orangetheory Fitness franchise in India?
In this section, you can check out the step-by-step guidance for starting the Orangetheory Fitness in India. Kindly follow up on the given mentioned steps only:-
- First of all, you need to open the official website of Orangetheory Fitness by clicking on the link here => https://www.orangetheory.com/en-in/franchising
- Now you will reach the homepage of the site.
- Kindly scroll down the page to apply for the Franchise model.
- Now you have to click on the option called “Franchising”.
- After that, you need to click on the “Apply Now” option.
- So you will land on the new page, where you can see the application form.
- Kindly fill up the required details in this form like Name, Last Name, Email ID, Investment Cost, Country, State Province, and Click on SUBMIT.
- Finally, the supporting team will contact you on the behalf above details and you can start the process of Franchise setup.
Requirements to Set Up Orangetheory Fitness Center
There are some basic requirements important for opening the Orangetheory Fitness Franchise model in India. You can read it all from the below section:-
- Individual or group investors with solid entrepreneurial experience
- Owner/Operator, engage with your team daily – helping to drive the business and building community in your studio – NO ABSENTEE OWNERSHIP
- Rs. 30 Lakh liquid capital with Rs. 8 Crore net worth.
- Land Area:- 3200 to 4000 Sq.Ft.
- Open Your Studio: https://www.orangetheory.com/en-in/franchising