Franchise opportunities compared

    ORANGETHEORY vs Pickleball Kingdom Business

    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.

    Initial investment · Item 7

    ORANGETHEORY

    $764,577 – $1,104,920

    2026 FDD · Item 7 · PDF p. 24

    Pickleball Kingdom Business

    $940,000 – $2,257,600

    2025 FDD · Item 7 · PDF p. 25

    Initial franchise fee · Item 5

    ORANGETHEORY

    $59,950

    2026 FDD · Item 5 · PDF p. 16

    Pickleball Kingdom Business

    $60,000

    2025 FDD · Item 5 · PDF p. 15

    Royalty · Item 6

    ORANGETHEORY

    8% · Percent of Gross Sales; weekly; subject to minimum performance standards and royalty shortfall payments.

    2026 FDD · Item 6 · PDF p. 19

    Pickleball Kingdom Business

    7%

    2025 FDD · Item 6 · PDF p. 16

    Before you compare

    • ORANGETHEORY figures come from its 2026 FDD and Pickleball Kingdom Business figures from its 2025 FDD, so the years differ.
    • Item 19 figures cover the location groups each FDD names (ORANGETHEORY: 3, Pickleball Kingdom Business: 1). Different groups are not directly comparable.

    Financial commitment

    Estimated initial investment (Item 7)

    ORANGETHEORY

    $764,577 – $1,104,920
    Single Studio — TOTAL (excluding real estate purchase costs)
    2026 FDD · Item 7 · PDF p. 24

    Pickleball Kingdom Business

    $940,000 – $2,257,600
    Total Estimated Initial Investment — Franchise Agreement
    2025 FDD · Item 7 · PDF p. 25
    Standard initial franchise fee (Item 5)

    ORANGETHEORY

    $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

    Pickleball Kingdom Business

    $60,000
    2025 FDD · Item 5 · PDF p. 15
    Royalty (Item 6)

    ORANGETHEORY

    8% · Percent of Gross Sales; weekly; subject to minimum performance standards and royalty shortfall payments.
    Royalty Fee
    2026 FDD · Item 6 · PDF p. 19

    Pickleball Kingdom Business

    7%
    Royalty Fee
    2025 FDD · Item 6 · PDF p. 16
    Brand / advertising fund (Item 6)

    ORANGETHEORY

    3% of gross sales; monthly; current rate 3%, may increase to 5%.
    Brand Fund Contributions
    2026 FDD · Item 6 · PDF p. 19

    Pickleball Kingdom Business

    2%
    Advertising Fund contribution — 2%
    2025 FDD · Item 6 · PDF p. 18

    System scale & health

    Total outlets (Item 20)

    ORANGETHEORY

    1,224
    Outlets at end of 2025
    2026 FDD · Item 20 · PDF p. 67

    Pickleball Kingdom Business

    4
    Outlets at end of 2024
    2025 FDD · Item 20 · PDF p. 69
    Net outlet change (Item 20)

    ORANGETHEORY

    −109
    Calculated: 1,333 at end of 2023 → 1,224 at end of 2025

    Pickleball Kingdom Business

    +3
    Calculated: 1 at end of 2022 → 4 at end of 2024
    Outlet exits (Item 20)

    ORANGETHEORY

    Not available
    No complete exit records for a year

    Pickleball Kingdom Business

    Not available
    No complete exit records for a year
    Franchising since (Item 1)

    ORANGETHEORY

    March 2019 for Studio unit franchises
    2026 FDD · Item 1 · PDF p. 8

    Pickleball Kingdom Business

    Not available
    Not in reviewed records
    Franchisor founded (Item 1)

    ORANGETHEORY

    Franchisor formed December 10, 2018
    2026 FDD · Item 1 · PDF p. 8

    Pickleball Kingdom Business

    Not available
    Not in reviewed records

    Financial performance (Item 19), by location group

    ORANGETHEORY
    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
    PKPickleball Kingdom Business
    Locations counted not stated in the reviewed record
    $1,867,466
    other Gross revenue
    2025 FDD · Item 19 · PDF p. 68

    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.

    ORANGETHEORY vs Pickleball Kingdom Business: common questions

    Which costs less to open, ORANGETHEORY or Pickleball Kingdom Business?
    ORANGETHEORY: $764,577 – $1,104,920 (2026 FDD · Item 7 · PDF p. 24); Pickleball Kingdom Business: $940,000 – $2,257,600 (2025 FDD · Item 7 · PDF p. 25). These are each franchisor's Item 7 estimated initial investment. The low end of the disclosed estimate is lower for ORANGETHEORY. Estimates are not quotes, and the FDD years may differ.
    How do ORANGETHEORY and Pickleball Kingdom Business royalties compare?
    ORANGETHEORY: 8% · Percent of Gross Sales; weekly; subject to minimum performance standards and royalty shortfall payments. (2026 FDD · Item 6 · PDF p. 19); Pickleball Kingdom Business: 7% (2025 FDD · Item 6 · PDF p. 16). Royalties as disclosed in Item 6; other recurring fees are listed separately.
    Which has more locations, ORANGETHEORY or Pickleball Kingdom Business?
    ORANGETHEORY: 1,224 (2026 FDD · Item 20 · PDF p. 67); Pickleball Kingdom Business: 4 (2025 FDD · Item 20 · PDF p. 69). Total outlets from Item 20. Outlet counts do not indicate territory availability or franchisee results.
    Do ORANGETHEORY and Pickleball Kingdom Business disclose financial performance (Item 19)?
    ORANGETHEORY has reviewed Item 19 figures for 3 location groups; Pickleball Kingdom Business has reviewed Item 19 figures for 1 location group. Different location groups are not directly comparable, and revenue is not profit.

    Answers restate the reviewed figures above. Not a ranking or recommendation.

    How Franopolis reviews FDD figures

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