Opening a franchise can seem like a challenge. Luckily, Orange Shoe Personal Fitness is available to help you through the process:
The cost of each unit varies by size and location. The total investment range is $81,500 - 271,000.
| Type of Expenditures |
Low Amount |
High Amount |
Method of Payment |
When Due |
To Whom Payment is Made |
| Initial Franchise Fee |
$29,000 | $29,000 |
Lump sum |
Upon execution of the Franchise Agreement |
Orange Shoe |
| Lease Utility & Security Deposits |
$0 | $8,500 | As incurred |
As incurred |
Third parties |
| Leasehold Improvements |
$0 |
$125,000 |
As arranged |
As arranged |
Third parties |
| Signage | $2,000 | $8,500 |
Lump sum |
As arranged | Approved Suppliers |
| Fitness Equipment |
$3,000 |
$5,000 |
Lump sum | As arranged | Approved Suppliers |
| Electronic Equipment & Software |
$6,000 |
$8,000 |
Lump sum | As arranged | Approved Suppliers |
| Apparel | $500 |
$1,000 |
As arranged |
As arranged | Orange Shoe or Approved Suppliers |
| Furniture & Fixtures |
$4,000 |
$6,000 |
As incurred |
As incurred |
Third parties |
| Office Supplies & Misc. |
$2,500 |
$3,500 |
As incurred |
As incurred |
Orange Shoe or Approved Suppliers |
| Business Licenses & Permits |
$100 |
$500 |
As incurred |
As Incurred | Third parties |
| Professional Fees |
$500 |
$3,500 |
As arranged |
As arranged |
Third parties |
| Insurance | $1,500 |
$2,500 |
Lump sum |
Before commencing business | Third parties |
| Initial Training |
$3,000 |
$4,000 |
As incurred |
As incurred | Third parties |
| Grand Opening Marketing |
$3,000 |
$6,000 |
As incurred |
As incurred | Third parties |
| Additional Funds/Working Capital |
$30,000 | $60,000 |
As incurred |
As incurred |
Third parties |
| Total | $85,100 |
$271,000 |