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