Network of 17 Orangetheory Units on the East Coast

North Carolina
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Cash Flow:$1,050,000
FF&E:$10,000,000
Gross Revenue:$8,350,000
Established Year:2018
BUSINESS DESCRIPTION

Rare opportunity to buy into one of the most coveted brands in franchising!

A rare opportunity to buy into one of the most coveted brands in franchising, Orangetheory Fitness, the leading niche fitness brand in the country. The sellers have 9 operating units for sale and have the rights to develop 8 more sites, for a total of 17 locations. The studios operate in very strong markets with excellent demographics that match well with Orangetheory target audience. All the sites are highly visible locations and in close clusters making it easy to operate and manage. The studio membership continues to climb back since the pandemic and with the ability to grow the network with additional of locations, there is a lot of growth ahead for the network. The sellers have identified several new sites to develop which will continue their trajectory of increased revenue and profits. 2025 EBITDA is projected to be in excess of $3.5m WITHOUT any additional development of new units. If you are looking to join a leader in franchising, in PRIME TIME, AAA locations, in Strong Metro Areas, please call about listing 15388.


DETAILED INFORMATION
Location
North Carolina
Inventory
Not Included in asking price
Real Estate
Leased
Employees
80
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Franchise
This business is an established franchise
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Ken
Stein/Kensington Company
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Ken Stein/Kensington Company