Basecamp Fitness vs Iron Tribe Fitness Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Basecamp Fitness vs Iron Tribe Fitness including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$500,760 - $734,848 | $300,000 - $433,500 |
Franchise Fee |
$50,000 | $42,000 |
Royalty Fee |
8% | 6% |
Advertising Fee |
2% | 1% |
Year Founded |
2018 | 2010 |
Year Franchised |
2020 | 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 | Yes |
Canada Expansion |
- | - |
International Expansion |
Yes | - |
Company Overviews
About Basecamp Fitness
Basecamp Fitness is a new studio fitness concept that will push you to
your limits and shakes up your workout routine. We use a varying,
fitness program that gives you a complete, full-body workout combining
efficient cardio AND strength training AND core movements - every class -
we take the guesswork out of your workout. Our high-energy, upbeat
environment and motivating instructors keep you moving and coming back
for more. Basecamp is the only studio that uses an Assault bike and
provides weights, as heavy as you choose, to ensure you get the best
work out every time. Making You. Stronger. Faster.
Basecamp Fitness is expanding its franchising opportunities both
domestically and globally. The new fitness concept is owned by Self
Esteem Brands' parent franchisor to Anytime Fitness, the largest fitness
franchise. The workout is one of the fastest and most efficient programs
on the market and solves the needs of our customers’ busy lifestyle.
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.