Start-Up Costs and Fees |
||
| Iron Tribe Fitness | Star Lady Fitness | |
| Investment | 300000 - 433500 | 33500 - 33500 |
| Franchise Fee | ||
| Royalty Fee | 6% | $2/member |
| 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 | Star Lady Fitness | |
| Experience | ||
Financing Options |
||
| Iron Tribe Fitness | Star Lady Fitness | |
| Franchise Fees | ||
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Iron Tribe Fitness | Star Lady Fitness | |
| Training | On-The-Job Training: 20 hours Additional Training: Online pre-training course | At franchisee's location: 3-4 days |
| 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 | |
| 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 | * 0% of all franchisees own more than one unit * Number of employees needed to run franchised unit: 2 - 2 * Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
||
| Iron Tribe Fitness | Star Lady Fitness | |
| 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 | |
| Star Lady Fitness | |
| Franchise Fee | |
| Iron Tribe Fitness | |
| Star Lady Fitness | |
| Royalty Fee | |
| Iron Tribe Fitness | 6% |
| Star Lady Fitness | $2/member |
| Advertising Fee | |
| Iron Tribe Fitness | 1% |
| Star Lady Fitness | |
| Year Founded | |
| Iron Tribe Fitness | 2010 |
| Star Lady Fitness | 2003 |
| Year Franchised | |
| Iron Tribe Fitness | 2012 |
| Star Lady Fitness | 2003 |
| Term Of Agreement | |
| Iron Tribe Fitness | |
| Star Lady Fitness | 5 years |
| Renewal Fee | |
| Iron Tribe Fitness | |
| Star Lady Fitness | $1,000 |
Business Experience Requirements |
|
| Experience | |
| Iron Tribe Fitness | |
| Star Lady Fitness | |
Financing Options |
|
| Franchise Fees | |
| Iron Tribe Fitness | |
| Star Lady Fitness | |
| Start-up Costs | |
| Iron Tribe Fitness | |
| Star Lady Fitness | |
| Equipment | |
| Iron Tribe Fitness} | |
| Star Lady Fitness | |
| Inventory | |
| Iron Tribe Fitness | |
| Star Lady Fitness | |
| Receivables | |
| Iron Tribe Fitness | |
| Star Lady Fitness | |
| Payroll | |
| Iron Tribe Fitness | |
| Star Lady Fitness | |
Training & Support |
|
| Training | |
| Iron Tribe Fitness | On-The-Job Training: 20 hours Additional Training: Online pre-training course |
| Star Lady Fitness | At franchisee's location: 3-4 days |
| 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 |
| Star Lady Fitness | |
| Marketing | |
| Iron Tribe Fitness | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Star Lady Fitness | |
| Operations | |
| Iron Tribe Fitness | Absentee Ownership Allowed Number of Employees Required to Run: 5 |
| Star Lady Fitness | * 0% of all franchisees own more than one unit * Number of employees needed to run franchised unit: 2 - 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 |
| Star Lady Fitness | |
| Canada Expansion | |
| Iron Tribe Fitness | |
| Star Lady Fitness | |
| International Expansion | |
| Iron Tribe Fitness | |
| Star Lady Fitness | |