Slender Lady vs Iron Tribe Fitness Franchise Comparison

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

Start-Up Costs and Fees
 
Slender Lady Franchise
Iron Tribe Fitness Franchise
Investment $50,000$300,000 - $433,500
Franchise Fee $32,900$42,000
Royalty Fee $395/495/mo.6%
Advertising Fee -1%
Year Founded 19962010
Year Franchised 19972012
Term Of Agreement 7 years-
Term Of Agreement 7 years-
Renewal Fee --


Business Experience Requirements
 
Slender Lady Franchise
Iron Tribe Fitness Franchise
Experience --

Financing Options
 
Slender Lady Franchise
Iron Tribe Fitness Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees Yes/No-/-
Start-up Costs No/No-/-
Equipment No/No-/-
Inventory No/No-/-
Receivables No/No-/-
Payroll No/No-/-

Training & Support
 
Slender Lady Franchise
Iron Tribe Fitness Franchise
Training - On-The-Job Training: 20 hours Additional Training: Online pre-training course
Support Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperativesPurchasing 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 slicks, National media, Regional advertising Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app
Operations 10% of all franchisees own more than one unit

Number of employees needed to run franchised unit: 2

Absentee ownership of franchise is allowed. (90% of current franchisees are owner/operators)

 Absentee Ownership Allowed Number of Employees Required to Run: 5

Expansion Plans
 
Slender Lady Franchise
Iron Tribe Fitness Franchise
US Expansion -Yes
Canada Expansion No-
International Expansion Yes-

Company Overviews

About Slender Lady

NO LONGER FRANCHISING

What is the aggregate venture Required to begin a Slender Lady Fitness Franchise establishment?

A speculation of $29K - $60K is required.

Q:How much fluid capital is required?

A Slender Lady Fitness Franchise establishment requires $29,900 in fluid capital.

Q:Is financing help accessible?

Yes, financing is accessible.

Q:What experience is expected to open a Slender Lady Fitness Franchise ? Is wellness experience or deals encounter required?

While wellness, deals and business experience isn't required, it is useful. Be that as it may, the organization will gave broad preparing on the majority of the gear and advertising.

Q:Is preparing accessible?

Franchisees will get preparing at the corporate workplaces and at a Slender Lady Fitness Franchise office. Moreover, support is accessible by means of telephone or web.

Q:What showcasing help does Slender Lady Fitness Franchise give?

Progressing publicizing help, including limited time items, for example, shirts, tops, wraps and flyers.

Q:Is rent transaction help accessible?

Notwithstanding lease transaction help, Slender Lady Fitness Franchise will pick an area.

Q:What makes a Slender Lady Fitness Franchise Center unique in relation to different wellness focuses?

You will profit by furnishing your individuals with the most astounding quality, medicinally stable sustenance arranges, demonstrated practice program and wellbeing items accessible anyplace.

The open door that franchisees need to browse different operational bundles and projects makes Slender Lady Fitness Franchise a decent decision in wellness establishments.

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.