Orangetheory Fitness Franchise For Sale - 2 Locations in Massachusetts
Excellent Locations / Turnkey Operation
Essex County, Massachusetts
Listing Number: 1630
Asking Price: $1,500,000
2019 SDE: $200,000
Projected 2020 SDE: $275,000
Gross Revenues: $1,300,000
One of the hottest fitness studios in the world, Orangetheory Fitness is known for its technology-tracked, coach-inspired workouts that help clients reach their fitness goals in a fun, engaging environment. Their model has paid off in spades -- the company now has over 1000 studios in 44 U.S. states, along with 100+ locations in 13 countries. Earlier this year, Orangetheory Fitness announced that it had exceeded $1 billion in systemwide revenues for 2018.
As a result, demand for an Orangetheory Fitness franchise has been consistently high. However, the availability of this hot prospect is scarce. In fact, less than 0.1% of aspiring franchisees have been able to secure a lucrative Orangetheory territory in recent years.
Orangetheory Fitness (OTF)– MASSACHUSETTS is a rare chance to acquire two boutique fitness studios under the Orangetheory Fitness banner, along with their much sought-after market territories in the northeast region of Massachusetts. The business, first established in 2018, is in high demand given the future cash flow this fledgling venture will bring in, as indicated by the comparable income generated by other Orangetheory franchises. After establishing and growing the business for two years, the owners must move out of state due to personal reasons. Their change in plans provides an exceptional prospect for a savvy fitness entrepreneur to acquire one these coveted franchises.
Support & Training: The sellers will provide necessary support and training.
Reason Selling: To concentrate on other business opportunities