Start-Up Costs and Fees |
||
| Iron Tribe Fitness | Cuts Fitness For Men | |
| Investment | 300000 - 433500 | 33600 - 77900 |
| Franchise Fee | ||
| Royalty Fee | 6% | $400/mo. |
| Advertising Fee | 1% | |
| Year Founded | 2010 | 2003 |
| Year Franchised | 2012 | 2003 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Iron Tribe Fitness | Cuts Fitness For Men | |
| Experience | Industry experience General business experience Marketing skills | |
Financing Options |
||
| Iron Tribe Fitness | Cuts Fitness For Men | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Iron Tribe Fitness | Cuts Fitness For Men | |
| Training | On-The-Job Training: 20 hours Additional Training: Online pre-training course | |
| Support | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform | Newsletter, Meetings, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives |
| Marketing | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app | Co-op advertising, Regional advertising |
| Operations | Absentee Ownership Allowed Number of Employees Required to Run: 5 | 20% of all franchisees own more than one unit Number of employees needed to run franchised unit: 1 - 2 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
||
| Iron Tribe Fitness | Cuts Fitness For Men | |
| US Expansion | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming | |
| Canada Expansion | 0 | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Iron Tribe Fitness | |
| Cuts Fitness For Men | |
| Franchise Fee | |
| Iron Tribe Fitness | |
| Cuts Fitness For Men | |
| Royalty Fee | |
| Iron Tribe Fitness | 6% |
| Cuts Fitness For Men | $400/mo. |
| Advertising Fee | |
| Iron Tribe Fitness | 1% |
| Cuts Fitness For Men | |
| Year Founded | |
| Iron Tribe Fitness | 2010 |
| Cuts Fitness For Men | 2003 |
| Year Franchised | |
| Iron Tribe Fitness | 2012 |
| Cuts Fitness For Men | 2003 |
| Term Of Agreement | |
| Iron Tribe Fitness | |
| Cuts Fitness For Men | 10 years |
| Renewal Fee | |
| Iron Tribe Fitness | |
| Cuts Fitness For Men | |
Business Experience Requirements |
|
| Experience | |
| Iron Tribe Fitness | |
| Cuts Fitness For Men | Industry experience General business experience Marketing skills |
Financing Options |
|
| Franchise Fees | |
| Iron Tribe Fitness | |
| Cuts Fitness For Men | |
| Start-up Costs | |
| Iron Tribe Fitness | |
| Cuts Fitness For Men | |
| Equipment | |
| Iron Tribe Fitness} | |
| Cuts Fitness For Men | |
| Inventory | |
| Iron Tribe Fitness | |
| Cuts Fitness For Men | |
| Receivables | |
| Iron Tribe Fitness | |
| Cuts Fitness For Men | |
| Payroll | |
| Iron Tribe Fitness | |
| Cuts Fitness For Men | |
Training & Support |
|
| Training | |
| Iron Tribe Fitness | On-The-Job Training: 20 hours Additional Training: Online pre-training course |
| Cuts Fitness For Men | |
| Support | |
| Iron Tribe Fitness | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Cuts Fitness For Men | Newsletter, Meetings, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives |
| Marketing | |
| Iron Tribe Fitness | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Cuts Fitness For Men | Co-op advertising, Regional advertising |
| Operations | |
| Iron Tribe Fitness | Absentee Ownership Allowed Number of Employees Required to Run: 5 |
| Cuts Fitness For Men | 20% of all franchisees own more than one unit Number of employees needed to run franchised unit: 1 - 2 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
|
| US Expansion | |
| Iron Tribe Fitness | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming |
| Cuts Fitness For Men | |
| Canada Expansion | |
| Iron Tribe Fitness | |
| Cuts Fitness For Men | 0 |
| International Expansion | |
| Iron Tribe Fitness | |
| Cuts Fitness For Men | |