Start-Up Costs and Fees |
||
| HOTWORX Studio | Iron Tribe Fitness | |
| Investment | 188070 - 351885 | 300000 - 433500 |
| Franchise Fee | ||
| Royalty Fee | $550/mo. | 6% |
| Advertising Fee | 1% | |
| Year Founded | 2016 | 2010 |
| Year Franchised | 2017 | 2012 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
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| HOTWORX Studio | Iron Tribe Fitness | |
| Experience | ||
Financing Options |
||
| HOTWORX Studio | Iron Tribe Fitness | |
| Franchise Fees | ||
| Start-up Costs | ||
| Equipment | ||
| Inventory | ||
| Receivables | ||
| Payroll | ||
Training & Support |
||
| HOTWORX Studio | Iron Tribe Fitness | |
| 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 | |
| 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 |
||
| HOTWORX Studio | 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 | 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 | |
| HOTWORX Studio | |
| Iron Tribe Fitness | |
| Franchise Fee | |
| HOTWORX Studio | |
| Iron Tribe Fitness | |
| Royalty Fee | |
| HOTWORX Studio | $550/mo. |
| Iron Tribe Fitness | 6% |
| Advertising Fee | |
| HOTWORX Studio | |
| Iron Tribe Fitness | 1% |
| Year Founded | |
| HOTWORX Studio | 2016 |
| Iron Tribe Fitness | 2010 |
| Year Franchised | |
| HOTWORX Studio | 2017 |
| Iron Tribe Fitness | 2012 |
| Term Of Agreement | |
| HOTWORX Studio | |
| Iron Tribe Fitness | |
| Renewal Fee | |
| HOTWORX Studio | |
| Iron Tribe Fitness | |
Business Experience Requirements |
|
| Experience | |
| HOTWORX Studio | |
| Iron Tribe Fitness | |
Financing Options |
|
| Franchise Fees | |
| HOTWORX Studio | |
| Iron Tribe Fitness | |
| Start-up Costs | |
| HOTWORX Studio | |
| Iron Tribe Fitness | |
| Equipment | |
| HOTWORX Studio} | |
| Iron Tribe Fitness | |
| Inventory | |
| HOTWORX Studio | |
| Iron Tribe Fitness | |
| Receivables | |
| HOTWORX Studio | |
| Iron Tribe Fitness | |
| Payroll | |
| HOTWORX Studio | |
| Iron Tribe Fitness | |
Training & Support |
|
| Training | |
| HOTWORX Studio | |
| Iron Tribe Fitness | On-The-Job Training: 20 hours Additional Training: Online pre-training course |
| Support | |
| HOTWORX Studio | |
| 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 | |
| HOTWORX Studio | |
| Iron Tribe Fitness | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Operations | |
| HOTWORX Studio | |
| Iron Tribe Fitness | Absentee Ownership Allowed Number of Employees Required to Run: 5 |
Expansion Plans |
|
| US Expansion | |
| HOTWORX Studio | 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 |
| 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 | |
| HOTWORX Studio | |
| Iron Tribe Fitness | |
| International Expansion | |
| HOTWORX Studio | |
| Iron Tribe Fitness | |