Start-Up Costs and Fees |
||
| Iron Tribe Fitness | MADabolic | |
| Investment | 300000 - 433500 | 222450 - 378200 |
| Franchise Fee | ||
| Royalty Fee | 6% | |
| Advertising Fee | 1% | |
| Year Founded | 2010 | 0 |
| Year Franchised | 2012 | 0 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Iron Tribe Fitness | MADabolic | |
| Experience | ||
Financing Options |
||
| Iron Tribe Fitness | MADabolic | |
| Franchise Fees | ||
| Start-up Costs | ||
| Equipment | ||
| Inventory | ||
| Receivables | ||
| Payroll | ||
Training & Support |
||
| Iron Tribe Fitness | MADabolic | |
| Training | On-The-Job Training: 20 hours Additional Training: Online pre-training course | 3 day intensive training course takes place in Charlotte NC at our flagship location and corporate head quarters. Some of the topics that will be covered in your 3 days are: a) The MADabolic System & Philosophy b) Program Design & Implementation c) Exercise Equipment Description & Function d) Facility Layout & Execution e) Presentation & Pricing f) Inventory, Ordering & Approved Vendors g) Contracts, Waivers & Membership Programs h) Safety, Security, Health & Sanitation i) Hiring Instructors, Employees and Staffing Your Business j) Technology & Software Overview k) Administrative & Bookkeeping Responsibilities l) Marketing & Promoting Your Business m) Social Media Overview & Guidelines |
| 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 | Online Video Database On Site Pre Opening Support |
| Marketing | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app | |
| Operations | Absentee Ownership Allowed Number of Employees Required to Run: 5 | |
Expansion Plans |
||
| Iron Tribe Fitness | MADabolic | |
| 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 | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Iron Tribe Fitness | |
| MADabolic | |
| Franchise Fee | |
| Iron Tribe Fitness | |
| MADabolic | |
| Royalty Fee | |
| Iron Tribe Fitness | 6% |
| MADabolic | |
| Advertising Fee | |
| Iron Tribe Fitness | 1% |
| MADabolic | |
| Year Founded | |
| Iron Tribe Fitness | 2010 |
| MADabolic | 0 |
| Year Franchised | |
| Iron Tribe Fitness | 2012 |
| MADabolic | 0 |
| Term Of Agreement | |
| Iron Tribe Fitness | |
| MADabolic | |
| Renewal Fee | |
| Iron Tribe Fitness | |
| MADabolic | |
Business Experience Requirements |
|
| Experience | |
| Iron Tribe Fitness | |
| MADabolic | |
Financing Options |
|
| Franchise Fees | |
| Iron Tribe Fitness | |
| MADabolic | |
| Start-up Costs | |
| Iron Tribe Fitness | |
| MADabolic | |
| Equipment | |
| Iron Tribe Fitness} | |
| MADabolic | |
| Inventory | |
| Iron Tribe Fitness | |
| MADabolic | |
| Receivables | |
| Iron Tribe Fitness | |
| MADabolic | |
| Payroll | |
| Iron Tribe Fitness | |
| MADabolic | |
Training & Support |
|
| Training | |
| Iron Tribe Fitness | On-The-Job Training: 20 hours Additional Training: Online pre-training course |
| MADabolic | 3 day intensive training course takes place in Charlotte NC at our flagship location and corporate head quarters. Some of the topics that will be covered in your 3 days are: a) The MADabolic System & Philosophy b) Program Design & Implementation c) Exercise Equipment Description & Function d) Facility Layout & Execution e) Presentation & Pricing f) Inventory, Ordering & Approved Vendors g) Contracts, Waivers & Membership Programs h) Safety, Security, Health & Sanitation i) Hiring Instructors, Employees and Staffing Your Business j) Technology & Software Overview k) Administrative & Bookkeeping Responsibilities l) Marketing & Promoting Your Business m) Social Media Overview & Guidelines |
| 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 |
| MADabolic | Online Video Database On Site Pre Opening Support |
| Marketing | |
| Iron Tribe Fitness | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| MADabolic | |
| Operations | |
| Iron Tribe Fitness | Absentee Ownership Allowed Number of Employees Required to Run: 5 |
| MADabolic | |
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 |
| MADabolic | |
| Canada Expansion | |
| Iron Tribe Fitness | |
| MADabolic | |
| International Expansion | |
| Iron Tribe Fitness | |
| MADabolic | |