Start-Up Costs and Fees |
||
| Iron Tribe Fitness | Team Spirit Fitness Centers | |
| Investment | 300000 - 433500 | 69000 - 69000 |
| Franchise Fee | ||
| Royalty Fee | 6% | 6% |
| Advertising Fee | 1% | |
| Year Founded | 2010 | 2002 |
| Year Franchised | 2012 | 2004 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Iron Tribe Fitness | Team Spirit Fitness Centers | |
| Experience | ||
Financing Options |
||
| Iron Tribe Fitness | Team Spirit Fitness Centers | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Iron Tribe Fitness | Team Spirit Fitness Centers | |
| Training | On-The-Job Training: 20 hours Additional Training: Online pre-training course | * Available at headquarters: 2 weeks * At franchisee's location: 5 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 | |
| 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 | * Number of employees needed to run franchised unit: 3 - 3 * Absentee ownership of franchise is NOT allowed. |
Expansion Plans |
||
| Iron Tribe Fitness | Team Spirit Fitness Centers | |
| 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 | |
| Team Spirit Fitness Centers | |
| Franchise Fee | |
| Iron Tribe Fitness | |
| Team Spirit Fitness Centers | |
| Royalty Fee | |
| Iron Tribe Fitness | 6% |
| Team Spirit Fitness Centers | 6% |
| Advertising Fee | |
| Iron Tribe Fitness | 1% |
| Team Spirit Fitness Centers | |
| Year Founded | |
| Iron Tribe Fitness | 2010 |
| Team Spirit Fitness Centers | 2002 |
| Year Franchised | |
| Iron Tribe Fitness | 2012 |
| Team Spirit Fitness Centers | 2004 |
| Term Of Agreement | |
| Iron Tribe Fitness | |
| Team Spirit Fitness Centers | 5 years |
| Renewal Fee | |
| Iron Tribe Fitness | |
| Team Spirit Fitness Centers | |
Business Experience Requirements |
|
| Experience | |
| Iron Tribe Fitness | |
| Team Spirit Fitness Centers | |
Financing Options |
|
| Franchise Fees | |
| Iron Tribe Fitness | |
| Team Spirit Fitness Centers | |
| Start-up Costs | |
| Iron Tribe Fitness | |
| Team Spirit Fitness Centers | |
| Equipment | |
| Iron Tribe Fitness} | |
| Team Spirit Fitness Centers | |
| Inventory | |
| Iron Tribe Fitness | |
| Team Spirit Fitness Centers | |
| Receivables | |
| Iron Tribe Fitness | |
| Team Spirit Fitness Centers | |
| Payroll | |
| Iron Tribe Fitness | |
| Team Spirit Fitness Centers | |
Training & Support |
|
| Training | |
| Iron Tribe Fitness | On-The-Job Training: 20 hours Additional Training: Online pre-training course |
| Team Spirit Fitness Centers | * Available at headquarters: 2 weeks * At franchisee's location: 5 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 |
| Team Spirit Fitness Centers | |
| Marketing | |
| Iron Tribe Fitness | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Team Spirit Fitness Centers | |
| Operations | |
| Iron Tribe Fitness | Absentee Ownership Allowed Number of Employees Required to Run: 5 |
| Team Spirit Fitness Centers | * Number of employees needed to run franchised unit: 3 - 3 * Absentee ownership of franchise is NOT allowed. |
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 |
| Team Spirit Fitness Centers | |
| Canada Expansion | |
| Iron Tribe Fitness | |
| Team Spirit Fitness Centers | |
| International Expansion | |
| Iron Tribe Fitness | |
| Team Spirit Fitness Centers | |