Start-Up Costs and Fees |
||
| Iron Tribe Fitness | Bally Total Fitness | |
| Investment | 300000 - 433500 | 1000000 - 2500000 |
| Franchise Fee | ||
| Royalty Fee | 6% | |
| Advertising Fee | 1% | |
| Year Founded | 2010 | 1962 |
| Year Franchised | 2012 | 1997 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Iron Tribe Fitness | Bally Total Fitness | |
| Experience | ||
Financing Options |
||
| Iron Tribe Fitness | Bally Total Fitness | |
| Franchise Fees | ||
| Start-up Costs | ||
| Equipment | ||
| Inventory | ||
| Receivables | ||
| Payroll | ||
Training & Support |
||
| Iron Tribe Fitness | Bally Total 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 |
||
| Iron Tribe Fitness | Bally Total 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 | |
| Iron Tribe Fitness | |
| Bally Total Fitness | |
| Franchise Fee | |
| Iron Tribe Fitness | |
| Bally Total Fitness | |
| Royalty Fee | |
| Iron Tribe Fitness | 6% |
| Bally Total Fitness | |
| Advertising Fee | |
| Iron Tribe Fitness | 1% |
| Bally Total Fitness | |
| Year Founded | |
| Iron Tribe Fitness | 2010 |
| Bally Total Fitness | 1962 |
| Year Franchised | |
| Iron Tribe Fitness | 2012 |
| Bally Total Fitness | 1997 |
| Term Of Agreement | |
| Iron Tribe Fitness | |
| Bally Total Fitness | |
| Renewal Fee | |
| Iron Tribe Fitness | |
| Bally Total Fitness | |
Business Experience Requirements |
|
| Experience | |
| Iron Tribe Fitness | |
| Bally Total Fitness | |
Financing Options |
|
| Franchise Fees | |
| Iron Tribe Fitness | |
| Bally Total Fitness | |
| Start-up Costs | |
| Iron Tribe Fitness | |
| Bally Total Fitness | |
| Equipment | |
| Iron Tribe Fitness} | |
| Bally Total Fitness | |
| Inventory | |
| Iron Tribe Fitness | |
| Bally Total Fitness | |
| Receivables | |
| Iron Tribe Fitness | |
| Bally Total Fitness | |
| Payroll | |
| Iron Tribe Fitness | |
| Bally Total Fitness | |
Training & Support |
|
| Training | |
| Iron Tribe Fitness | On-The-Job Training: 20 hours Additional Training: Online pre-training course |
| Bally Total Fitness | |
| 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 |
| Bally Total Fitness | |
| Marketing | |
| Iron Tribe Fitness | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Bally Total Fitness | |
| Operations | |
| Iron Tribe Fitness | Absentee Ownership Allowed Number of Employees Required to Run: 5 |
| Bally Total Fitness | |
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 |
| Bally Total Fitness | |
| Canada Expansion | |
| Iron Tribe Fitness | |
| Bally Total Fitness | 0 |
| International Expansion | |
| Iron Tribe Fitness | |
| Bally Total Fitness | |