Franchise opportunities compared
MN Filing 36062-202604-01 vs ORANGETHEORY
Reviewed figures from each brand's Franchise Disclosure Document (FDD), side by side. Each figure carries its FDD year and page. This is not a ranking or recommendation, and the two FDDs may cover different years and location groups.
Before you compare
- Both sets of figures come from 2026 FDDs.
- Item 19 figures cover the location groups each FDD names (MN Filing 36062-202604-01: 18, ORANGETHEORY: 3). Different groups are not directly comparable.
| Disclosure | MFMN Filing 36062-202604-01 |  ORANGETHEORY |
|---|---|---|
| Financial commitment | ||
| Estimated initial investment (Item 7) | $681,372 – $1,151,135 Franchise Agreement — Studio initial investment: TOTAL ESTIMATED INITIAL INVESTMENT $681,372–$1,151,135 2026 FDD · Item 7 · PDF p. 30 | $764,577 – $1,104,920 Single Studio — TOTAL (excluding real estate purchase costs) 2026 FDD · Item 7 · PDF p. 24 |
| Standard initial franchise fee (Item 5) | Not available No single standard fee identified | $59,950 The fee is non-refundable; the franchisor may decrease it case-by-case, for promotions, or for area development agreements. 2026 FDD · Item 5 · PDF p. 16 |
| Royalty (Item 6) | 7% Royalty 2026 FDD · Item 6 · PDF p. 23 | 8% · Percent of Gross Sales; weekly; subject to minimum performance standards and royalty shortfall payments. Royalty Fee 2026 FDD · Item 6 · PDF p. 19 |
| Brand / advertising fund (Item 6) | 2% Brand Development Fund contribution — 2% 2026 FDD · Item 6 · PDF p. 23 | 3% of gross sales; monthly; current rate 3%, may increase to 5%. Brand Fund Contributions 2026 FDD · Item 6 · PDF p. 19 |
| System scale & health | ||
| Total outlets (Item 20) | 88 Outlets at end of 2025 2026 FDD · Item 20 · PDF p. 77 | 1,224 Outlets at end of 2025 2026 FDD · Item 20 · PDF p. 67 |
| Net outlet change (Item 20) | +24 Calculated: 64 at end of 2023 → 88 at end of 2025 | −109 Calculated: 1,333 at end of 2023 → 1,224 at end of 2025 |
| Outlet exits (Item 20) | Not available No complete exit records for a year | Not available No complete exit records for a year |
| Franchising since (Item 1) | Not available Not in reviewed records | March 2019 for Studio unit franchises 2026 FDD · Item 1 · PDF p. 8 |
| Franchisor founded (Item 1) | Not available Not in reviewed records | Franchisor formed December 10, 2018 2026 FDD · Item 1 · PDF p. 8 |
| Performance (Item 19) | ||
| Financial performance (Item 19), by location group | Locations counted not stated in the reviewed record — Qualified Studios in the 2nd Quartile 202 members other Part A-2 · 2026 FDD · Item 19 · PDF p. 71 Locations counted not stated in the reviewed record — Qualified Studios in the 3rd Quartile 4 studios other Part A-2 · 2026 FDD · Item 19 · PDF p. 71 Locations counted not stated in the reviewed record — Qualified Studios in the 4th Quartile 104 members other Part A-2 · 2026 FDD · Item 19 · PDF p. 71 +15 more groups in the full report | Franchised (1,189 locations) — memberships and revenue and other measures 49 percent other Studios at or above average Monthly Member Count · 2026 FDD · Item 19 · PDF p. 66 Franchised (95 locations) — other measures 95 studios other Permanently closed franchised Studios excluded · 2026 FDD · Item 19 · PDF p. 65 Franchised (1,189 locations) — memberships and revenue $855,427 median Total Gross Sales · 2026 FDD · Item 19 · PDF p. 65 |
Item 19 groups are shown separately and never combined. Revenue or sales figures are not profit. Net outlet change and turnover are Franopolis calculations from the disclosed counts; turnover is a count-based rate, not a measure of owner earnings.
MN Filing 36062-202604-01 vs ORANGETHEORY: common questions
- Which costs less to open, MN Filing 36062-202604-01 or ORANGETHEORY?
- MN Filing 36062-202604-01: $681,372 – $1,151,135 (2026 FDD · Item 7 · PDF p. 30); ORANGETHEORY: $764,577 – $1,104,920 (2026 FDD · Item 7 · PDF p. 24). These are each franchisor's Item 7 estimated initial investment. The low end of the disclosed estimate is lower for MN Filing 36062-202604-01. Estimates are not quotes, and the FDD years may differ.
- How do MN Filing 36062-202604-01 and ORANGETHEORY royalties compare?
- MN Filing 36062-202604-01: 7% (2026 FDD · Item 6 · PDF p. 23); ORANGETHEORY: 8% · Percent of Gross Sales; weekly; subject to minimum performance standards and royalty shortfall payments. (2026 FDD · Item 6 · PDF p. 19). Royalties as disclosed in Item 6; other recurring fees are listed separately.
- Which has more locations, MN Filing 36062-202604-01 or ORANGETHEORY?
- MN Filing 36062-202604-01: 88 (2026 FDD · Item 20 · PDF p. 77); ORANGETHEORY: 1,224 (2026 FDD · Item 20 · PDF p. 67). Total outlets from Item 20. Outlet counts do not indicate territory availability or franchisee results.
- Do MN Filing 36062-202604-01 and ORANGETHEORY disclose financial performance (Item 19)?
- MN Filing 36062-202604-01 has reviewed Item 19 figures for 18 location groups; ORANGETHEORY has reviewed Item 19 figures for 3 location groups. Different location groups are not directly comparable, and revenue is not profit.
Answers restate the reviewed figures above. Not a ranking or recommendation.