Iron Tribe Fitness vs AKT Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Iron Tribe Fitness vs AKT including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Iron Tribe Fitness Franchise
AKT Franchise
Investment $300,000 - $433,500$341,200 - $529,900
Franchise Fee $42,000$60,000
Royalty Fee 6%-
Advertising Fee 1%-
Year Founded 20102018
Year Franchised 20122018
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements
 
Iron Tribe Fitness Franchise
AKT Franchise
Experience --

Financing Options
 
Iron Tribe Fitness Franchise
AKT Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support
 
Iron Tribe Fitness Franchise
AKT Franchise
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
 
Iron Tribe Fitness Franchise
AKT Franchise
US Expansion YesYes
Canada Expansion -Yes
International Expansion --

Company Overviews

About Iron Tribe Fitness

"Iron

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. "The  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 AKT

"AKT
AKT is a dance-based cardio concept, offering a unique combination of four modalities: toning, interval, circuit and dance. With new original programming created every 3 weeks and the belief that movement has a powerful, lasting impact, AKT is for all body types and fitness levels. With this positivity and a combination of personal training and movement-based technique, AKT empowers members across the country to become stronger in their bodies, minds and communities - and they have fun doing it!

With a proven concept in one of the most competitive markets, AKT has extensive market potential - be the first to bring AKT's unique workout to your local market!
AKT has the brand strength and proven franchise model to deliver excellent profit potential. International & U.S. markets are available for multi-unit and single-unit investors. Don’t miss the opportunity to own your local market!