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SUBJECT DOSSIER · FDD 2026

ORANGETHEORY

Fitness & Gyms · disclosure-honesty grade · from public state filings
GRADE D · WEAK DISCLOSURE

Disclosure honesty

D
Transparency 2 / 5

ORANGETHEORY discloses earnings (Item 19) — but the grade is how honestly. We graded it D.

Outlets1,224
Disclosed lawsuits0
Closure signals61 ceased
Investment
$764,577–$1,104,920
Total fees
11% of sales
Outlets
1,224
Closure signals
61 ceased, 13 terminated
Lawsuits
0
◢ FINDINGS
ITEM 19
Grade D disclosure
The disclosed numbers are incomplete or framed to look better than an owner's real take-home.
ITEM 20
61 outlets ceased operations
74 net closures in 2025; 95 studios permanently closed during period; 13 terminations.

What their own earnings claim actually says

Gross sales data for 1,189 operating studios (Feb 2026). Average $802,145; median $750,643. 44% met/exceeded average. No expense/profit data disclosed.

Is ORANGETHEORY worth it? — how it compares to 46 similar franchises

Ongoing fees11% of salessteeper than 92% of fitness & gyms franchises
Startup costfrom $764,577pricier than 89% of peers
Disclosure honestyGrade Dless honest than most of the category
Closure rate5.0% of outletsworse than 78% of peers
Disclosed lawsuits0fewer than most

Benchmarked against every fitness & gyms franchise we've graded from public FDDs — the context the franchisor's pitch never gives you.

◤ CLASSIFIED · ITEM 19 RECONSTRUCTED

Owner take-home for a ORANGETHEORY

The franchisor's framing: Gross sales data for 1,189 operating studios (Feb 2026). Average $802,145; median $750,643… We reconstruct what an owner actually keeps, from their own FDD.

LOW
MEDIAN
HIGH

See a full sample report → · 30-day guarantee

ORANGETHEORY franchise — frequently asked

How much does a ORANGETHEORY franchise cost?
The FDD lists a total initial investment of about $764,577–$1,104,920, including a $59,950 initial franchise fee.
How much do ORANGETHEORY franchise owners make?
Gross sales data for 1,189 operating studios (Feb 2026). Average $802,145; median $750,643. 44% met/exceeded average. No expense/profit data disclosed. We grade this disclosure D for honesty.
What is the ORANGETHEORY franchise failure rate?
74 net closures in 2025; 95 studios permanently closed during period; 13 terminations.
Is a ORANGETHEORY franchise worth it?
It depends on the numbers, not the pitch. ORANGETHEORY scores D on disclosure honesty, carries about 11% of sales in ongoing fees. Get the real owner take-home before you sign.

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Source: WI DFI Franchise Registration (2026). FranchiseValidate is independent and not affiliated with ORANGETHEORY or its franchisor. Figures are extracted from the franchisor's own public disclosure document; verify against the current FDD before any decision.