Iron Tribe Fitness vs DiscoverStrength Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Iron Tribe Fitness vs DiscoverStrength including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$300,000 - $433,500 | $271,250 - $481,000 |
Franchise Fee |
$42,000 | $49,000 |
Royalty Fee |
6% | 6% |
Advertising Fee |
1% | 2% |
Year Founded |
2010 | 2020 |
Year Franchised |
2012 | 2020 |
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 |
- | - |
Company Overviews
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.
About DiscoverStrength
Discover Strength Franchising LLC offers individual unit franchises
for the development and operation of a Discover Strength™ business
offering no-compromise strength training experiences to customers of all
ages through one-on-one and small group training sessions, and other
related services and products.
We will guide you as you select and build out your own Discover Strength
studio: Streamlined prototypes range from 1,600 to 2,200 square feet. A
concept that can work in a variety of shopping centers and other
lifestyle-centric locations. No locker rooms, treadmills, showers, or
pools. The Discover Strength model offers an incredible value
proposition by producing higher revenue per square foot than the vast
majority of retail, restaurant, and fitness business models.