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- RE: Orangetheory Absentee Franchise In Upstate NY
- Contact: Ken Stein
Quick Facts
Asking Price: | $99,000 | |
Annual Revenue: | $545,000 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $63,000 | |
Total Debt: | Not Disclosed | |
FF&E: | $250,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 2020 | |
Employees: | 12 | |
BBN Listing #: | 938106 | |
Broker Reference #: | 15264 |
Business Overview:
An incredible and rare opportunity to join the leading boutique fitness franchise, Orangetheory, for a fraction of what it cost to open. Priced to SELL at ONLY $99,000. The numbers speak for themselves- Orangetheory as of 2023, has over 1,500 studios throughout 50 US states and 24 countries. Since its founding in 2010, the chain has continuously expanded, surpassing $1 billion in systemwide sales in 2018 and as of 2020 the chain has over one million members. Their science-backed, technology-tracked, coach-inspired group workout designed to produce results from the inside out has been a huge success to their clients AND their franchisees. The Seller opened during the pandemic and has been operating semi-absentee since inception. The studio is profitable, but there is SO MUCH more opportunity to grow sales and earnings as the seller lives over an hour away and has other businesses and only works 4-8 hours per week at the studio. A more involved active owner who is passionate about fitness and wants to build community relationships has countless marketing opportunities to take advantage of, as almost no community outreach has been done. Please refer to listing 15264.
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Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is a franchise resale opportunity
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