Start-Up Costs and Fees |
||
| Pink Iron | Orange Shoe Personal Fitness | |
| Investment | 240000 - 350000 | 96600 - 325000 |
| Franchise Fee | ||
| Royalty Fee | 7% | 6% |
| Advertising Fee | up to 3% | |
| Year Founded | 2009 | 2007 |
| Year Franchised | 2015 | 2009 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Pink Iron | Orange Shoe Personal Fitness | |
| Experience | We are seeking those who are passionate about women's fitness, have local market and industry knowledge, experience in the fitness industry, and have a teamwork-ready attitude! If you are smart, kind, and coachable you are ready to be a Pink Iron owner! | |
Financing Options |
||
| Pink Iron | Orange Shoe Personal Fitness | |
| Franchise Fees | Yes | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Pink Iron | Orange Shoe Personal Fitness | |
| Training | White glove service with a full in-house training program, startup help, and ongoing trainings and meetings to keep everyone on the same page and with the most up-to-date information. We are committed to ensuring that every franchisee and their staff receives the very best training and support during the initial startup phase of the franchise. All owners and managers will come to the original Pink Iron location in sunny West Hollywood, CA and receive one-on-one training with our founder, celebrity trainer Holly Holton. Franchisees will walk through out systems, witness and learn how our flagship location is run, and leave with a deep understanding of what it takes to run a Pink Iron. Our Pink Iron franchise team is always available to visit on-location and help with any questions you might have or assistance you might require. We believe in being very hands-on to ensure that every Pink Iron is at the head of the market for women's fitness. | Available at headquarters: 8 days. At franchisee's location: 8 days. Online training : 4 days. |
| Support | Newsletter Meetings Toll-free phone line Grand opening Internet Security/safety procedures Field operations/evaluations | |
| Marketing | Co-op advertising Ad slicks | |
| Operations | Owner-operators are essential to the success of a Pink Iron location. We require that any owner, or at least 1/2 of an ownership team/partnership take a full-time role in running their Pink Iron franchise. | 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 |
||
| Pink Iron | 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 | |
| Pink Iron | |
| Orange Shoe Personal Fitness | |
| Franchise Fee | |
| Pink Iron | |
| Orange Shoe Personal Fitness | |
| Royalty Fee | |
| Pink Iron | 7% |
| Orange Shoe Personal Fitness | 6% |
| Advertising Fee | |
| Pink Iron | up to 3% |
| Orange Shoe Personal Fitness | |
| Year Founded | |
| Pink Iron | 2009 |
| Orange Shoe Personal Fitness | 2007 |
| Year Franchised | |
| Pink Iron | 2015 |
| Orange Shoe Personal Fitness | 2009 |
| Term Of Agreement | |
| Pink Iron | |
| Orange Shoe Personal Fitness | 10 years |
| Renewal Fee | |
| Pink Iron | |
| Orange Shoe Personal Fitness | |
Business Experience Requirements |
|
| Experience | |
| Pink Iron | We are seeking those who are passionate about women's fitness, have local market and industry knowledge, experience in the fitness industry, and have a teamwork-ready attitude! If you are smart, kind, and coachable you are ready to be a Pink Iron owner! |
| Orange Shoe Personal Fitness | |
Financing Options |
|
| Franchise Fees | |
| Pink Iron | |
| Orange Shoe Personal Fitness | |
| Start-up Costs | |
| Pink Iron | |
| Orange Shoe Personal Fitness | |
| Equipment | |
| Pink Iron} | |
| Orange Shoe Personal Fitness | |
| Inventory | |
| Pink Iron | |
| Orange Shoe Personal Fitness | |
| Receivables | |
| Pink Iron | |
| Orange Shoe Personal Fitness | |
| Payroll | |
| Pink Iron | |
| Orange Shoe Personal Fitness | |
Training & Support |
|
| Training | |
| Pink Iron | White glove service with a full in-house training program, startup help, and ongoing trainings and meetings to keep everyone on the same page and with the most up-to-date information. We are committed to ensuring that every franchisee and their staff receives the very best training and support during the initial startup phase of the franchise. All owners and managers will come to the original Pink Iron location in sunny West Hollywood, CA and receive one-on-one training with our founder, celebrity trainer Holly Holton. Franchisees will walk through out systems, witness and learn how our flagship location is run, and leave with a deep understanding of what it takes to run a Pink Iron. Our Pink Iron franchise team is always available to visit on-location and help with any questions you might have or assistance you might require. We believe in being very hands-on to ensure that every Pink Iron is at the head of the market for women's fitness. |
| Orange Shoe Personal Fitness | Available at headquarters: 8 days. At franchisee's location: 8 days. Online training : 4 days. |
| Support | |
| Pink Iron | |
| Orange Shoe Personal Fitness | Newsletter Meetings Toll-free phone line Grand opening Internet Security/safety procedures Field operations/evaluations |
| Marketing | |
| Pink Iron | |
| Orange Shoe Personal Fitness | Co-op advertising Ad slicks |
| Operations | |
| Pink Iron | Owner-operators are essential to the success of a Pink Iron location. We require that any owner, or at least 1/2 of an ownership team/partnership take a full-time role in running their Pink Iron franchise. |
| 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 | |
| Pink Iron | 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 | |
| Pink Iron | |
| Orange Shoe Personal Fitness | |
| International Expansion | |
| Pink Iron | |
| Orange Shoe Personal Fitness | |