Koko FitClub vs Iron Tribe Fitness Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Koko FitClub vs Iron Tribe Fitness including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$185,260 - $396,312 | $300,000 - $433,500 |
Franchise Fee |
$39,000 | $42,000 |
Royalty Fee |
- | 6% |
Advertising Fee |
- | 1% |
Year Founded |
- | 2010 |
Year Franchised |
- | 2012 |
Term Of Agreement |
- | - |
Term Of Agreement |
- | - |
Renewal Fee |
- | - |
Business Experience Requirements |
Experience |
- | - |
Financing Options |
|
In-House/3rd Party | In-House/3rd Party |
Franchise Fees |
-/- | -/- |
Start-up Costs |
-/- | -/- |
Equipment |
-/- | -/- |
Inventory |
-/- | -/- |
Receivables |
-/- | -/- |
Payroll |
-/- | -/- |
Training & Support |
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 |
US Expansion |
- | Yes |
Canada Expansion |
- | - |
International Expansion |
- | - |
Company Overviews
About Koko FitClub
The right idea...
...at just the right time.
The $60B worldwide fitness industry is a proven, recession-proof industry. With Koko FitClub, you can be part of this growing industry with a competitive edge no other health club can match.
# Unbeatable marketing advantage: Unlimited monthly personal training for a price that’s less than what typical clubs charge for just one session. Koko makes it easy to attract and retain members.
# Unmatched technology and cost advantage: Our exclusive Koko Smartraining System not only delivers a premium service, it replaces expensive staff and reduces operating expenses too.
# Simple to operate: No long hours, no special skills needed, no big overhead or staff to manage.
# Affordable to open: Low start-up costs and readily available financing.
To learn more, complete an information request form or call 1-877-KOKOFIT to see if there's a Koko FitClub franchise opportunity available in your area.
Koko
FitClub is the alternative to traditional fitness. We've combined
patented technology and individualized coaching to create a proven
training system that customizes each workout, reshapes your body, and
coaches you every step of the way.
About Iron Tribe Fitness
Iron Tribe was founded by fitness industry veteran, Forrest Walden,
back in 2008 in his 400 square foot garage. Initially, it was just to
have a place for Forrest to do group-based workouts with his friends
because he couldn’t find anywhere locally that offered the right amount
of space and equipment. There was no charge to belong, but you had to
have a personal invite.
As more
and more friends begged to come and join his garage gym, Forrest began
to dream about what it would look like to start a brand-new concept that
would take his team-based, group workouts to the next level and allow
more lives to be impacted.
The first official Iron Tribe
location opened in February of 2010. The response from the community was
immediate and overwhelming. In fact, the 250 membership cap was reached
in under 8 months with a growing waiting list .
That location has
operated at max capacity since September of 2010 eventually moving
across the street and expanding the location to serve 300 clients.