Entrepreneur

After Explosive Growth, the CEO of Orangetheory Explains How He's Moving So Fast

The fitness franchise has increased revenue by 137 percent in the last three years.
Source: Courtesy of Orangetheory
Courtesy of Orangetheory

There’s a lot of money in the . The U.S. market is worth $28 billion, and franchise brands are the hottest, fastest-­growing part of it. So how does one of the hottest brands thrive in one of the hottest markets? Ask Dave Long, CEO of the fitness company and workout craze , which offers some actual fun alongside its members’ healthy pursuit. Founded in 2010 and headquartered in Boca Raton, Fla., Orangetheory’s 823 franchise studios have one-hour, trainer-led group classes featuring wrist- or chest-worn heart-rate monitors. Classes aim to help members achieve an “afterburn” effect -- a metabolic sweet spot that sheds calories long after the gym session ends. But Long says that the company’s explosive -- including a solid 137 percent increase in revenue over the past three years -- isn’t just about good timing.

You’re reading a preview, subscribe to read more.

More from Entrepreneur

Entrepreneur11 min read
The Top 150 New and Emerging Franchises
Franchising is full of decades-old brands that have proven themselves—so why would someone consider buying a franchise from a brand-new franchisor instead? There are many reasons: Although newer franchise concepts may come with higher risk, you can u
Entrepreneur1 min read
The Path To Millions Starts Here
A million dollars sounds sexy. But what is it, really? For some, a dream. For others, a goal. A million in profit is a form of financial security—or at least the freedom to take some risks. A million in revenue is a marker point where business models
Entrepreneur2 min read
Which Fridge Would You Eat From?
Will people buy cheap food to help save the planet? The answer is yes—and no. This was the idea behind Flashfood, an app-based marketplace that aims to divert food away from landfills, and to families in need. It collects food nearing its best-by dat

Related Books & Audiobooks