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