Start-Up Costs and Fees |
||
| Orange Shoe Personal Fitness | Iron Tribe Fitness | |
| Investment | 96600 - 325000 | 300000 - 433500 |
| Franchise Fee | ||
| Royalty Fee | 6% | 6% |
| Advertising Fee | 1% | |
| Year Founded | 2007 | 2010 |
| Year Franchised | 2009 | 2012 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Orange Shoe Personal Fitness | Iron Tribe Fitness | |
| Experience | ||
Financing Options |
||
| Orange Shoe Personal Fitness | Iron Tribe Fitness | |
| Franchise Fees | Yes | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Orange Shoe Personal Fitness | Iron Tribe Fitness | |
| Training | Available at headquarters: 8 days. At franchisee's location: 8 days. Online training : 4 days. | On-The-Job Training: 20 hours Additional Training: Online pre-training course |
| Support | Newsletter Meetings Toll-free phone line Grand opening Internet Security/safety procedures Field operations/evaluations | 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 slicks | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Operations | 25% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 4. Absentee ownership of franchise is allowed. (80% of current franchisees are owner/operators). | Absentee Ownership Allowed Number of Employees Required to Run: 5 |
Expansion Plans |
||
| Orange Shoe Personal Fitness | Iron Tribe 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 | |
| Orange Shoe Personal Fitness | |
| Iron Tribe Fitness | |
| Franchise Fee | |
| Orange Shoe Personal Fitness | |
| Iron Tribe Fitness | |
| Royalty Fee | |
| Orange Shoe Personal Fitness | 6% |
| Iron Tribe Fitness | 6% |
| Advertising Fee | |
| Orange Shoe Personal Fitness | |
| Iron Tribe Fitness | 1% |
| Year Founded | |
| Orange Shoe Personal Fitness | 2007 |
| Iron Tribe Fitness | 2010 |
| Year Franchised | |
| Orange Shoe Personal Fitness | 2009 |
| Iron Tribe Fitness | 2012 |
| Term Of Agreement | |
| Orange Shoe Personal Fitness | 10 years |
| Iron Tribe Fitness | |
| Renewal Fee | |
| Orange Shoe Personal Fitness | |
| Iron Tribe Fitness | |
Business Experience Requirements |
|
| Experience | |
| Orange Shoe Personal Fitness | |
| Iron Tribe Fitness | |
Financing Options |
|
| Franchise Fees | |
| Orange Shoe Personal Fitness | Yes |
| Iron Tribe Fitness | Yes |
| Start-up Costs | |
| Orange Shoe Personal Fitness | |
| Iron Tribe Fitness | |
| Equipment | |
| Orange Shoe Personal Fitness} | |
| Iron Tribe Fitness | |
| Inventory | |
| Orange Shoe Personal Fitness | |
| Iron Tribe Fitness | |
| Receivables | |
| Orange Shoe Personal Fitness | |
| Iron Tribe Fitness | |
| Payroll | |
| Orange Shoe Personal Fitness | |
| Iron Tribe Fitness | |
Training & Support |
|
| Training | |
| Orange Shoe Personal Fitness | Available at headquarters: 8 days. At franchisee's location: 8 days. Online training : 4 days. |
| Iron Tribe Fitness | On-The-Job Training: 20 hours Additional Training: Online pre-training course |
| Support | |
| Orange Shoe Personal Fitness | Newsletter Meetings Toll-free phone line Grand opening Internet Security/safety procedures Field operations/evaluations |
| 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 |
| Marketing | |
| Orange Shoe Personal Fitness | Co-op advertising Ad slicks |
| Iron Tribe Fitness | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Operations | |
| Orange Shoe Personal Fitness | 25% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 4. Absentee ownership of franchise is allowed. (80% of current franchisees are owner/operators). |
| Iron Tribe Fitness | Absentee Ownership Allowed Number of Employees Required to Run: 5 |
Expansion Plans |
|
| US Expansion | |
| Orange Shoe Personal Fitness | |
| 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 |
| Canada Expansion | |
| Orange Shoe Personal Fitness | |
| Iron Tribe Fitness | |
| International Expansion | |
| Orange Shoe Personal Fitness | |
| Iron Tribe Fitness | |