Start-Up Costs and Fees |
||
| Cuts Fitness For Men | Iron Tribe Fitness | |
| Investment | 33600 - 77900 | 300000 - 433500 |
| Franchise Fee | ||
| Royalty Fee | $400/mo. | 6% |
| Advertising Fee | 1% | |
| Year Founded | 2003 | 2010 |
| Year Franchised | 2003 | 2012 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Cuts Fitness For Men | Iron Tribe Fitness | |
| Experience | Industry experience General business experience Marketing skills | |
Financing Options |
||
| Cuts Fitness For Men | Iron Tribe Fitness | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Cuts Fitness For Men | Iron Tribe Fitness | |
| Training | On-The-Job Training: 20 hours Additional Training: Online pre-training course | |
| Support | Newsletter, Meetings, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives | 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, Regional advertising | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Operations | 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) | Absentee Ownership Allowed Number of Employees Required to Run: 5 |
Expansion Plans |
||
| Cuts Fitness For Men | 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 | 0 | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Cuts Fitness For Men | |
| Iron Tribe Fitness | |
| Franchise Fee | |
| Cuts Fitness For Men | |
| Iron Tribe Fitness | |
| Royalty Fee | |
| Cuts Fitness For Men | $400/mo. |
| Iron Tribe Fitness | 6% |
| Advertising Fee | |
| Cuts Fitness For Men | |
| Iron Tribe Fitness | 1% |
| Year Founded | |
| Cuts Fitness For Men | 2003 |
| Iron Tribe Fitness | 2010 |
| Year Franchised | |
| Cuts Fitness For Men | 2003 |
| Iron Tribe Fitness | 2012 |
| Term Of Agreement | |
| Cuts Fitness For Men | 10 years |
| Iron Tribe Fitness | |
| Renewal Fee | |
| Cuts Fitness For Men | |
| Iron Tribe Fitness | |
Business Experience Requirements |
|
| Experience | |
| Cuts Fitness For Men | Industry experience General business experience Marketing skills |
| Iron Tribe Fitness | |
Financing Options |
|
| Franchise Fees | |
| Cuts Fitness For Men | No |
| Iron Tribe Fitness | No |
| Start-up Costs | |
| Cuts Fitness For Men | |
| Iron Tribe Fitness | |
| Equipment | |
| Cuts Fitness For Men} | |
| Iron Tribe Fitness | |
| Inventory | |
| Cuts Fitness For Men | |
| Iron Tribe Fitness | |
| Receivables | |
| Cuts Fitness For Men | |
| Iron Tribe Fitness | |
| Payroll | |
| Cuts Fitness For Men | |
| Iron Tribe Fitness | |
Training & Support |
|
| Training | |
| Cuts Fitness For Men | |
| Iron Tribe Fitness | On-The-Job Training: 20 hours Additional Training: Online pre-training course |
| Support | |
| Cuts Fitness For Men | Newsletter, Meetings, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives |
| 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 | |
| Cuts Fitness For Men | Co-op advertising, Regional advertising |
| Iron Tribe Fitness | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Operations | |
| 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) |
| Iron Tribe Fitness | Absentee Ownership Allowed Number of Employees Required to Run: 5 |
Expansion Plans |
|
| US Expansion | |
| Cuts Fitness For Men | |
| 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 | |
| Cuts Fitness For Men | 0 |
| Iron Tribe Fitness | |
| International Expansion | |
| Cuts Fitness For Men | |
| Iron Tribe Fitness | |