15 Fastest Growing Franchises

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9. Orangetheory Fitness

The boutique fitness studio franchise is based in Boca Raton, Florida. The private company was founded in 2010 by David Long, Jerome Kern and Ellen Latham. It has about 1,200 studios spanning the 50 American states and over 23 countries. According to NBC (NASDAQ:CMCSA) the chain has surpassed a million members. According to a research by Emma Schmidt in Fresh Squeezed Fitness: A Case Study on the Marketing of Orangetheory Fitness, about 75% of its employees are millennial. The initial fee for a franchise is $39,500.

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