IM=X Pilates Studio vs Iron Tribe Fitness Franchise Comparison

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

Start-Up Costs and Fees

 
IM=X Pilates Studio Franchise
Iron Tribe Fitness Franchise
Investment $66,000 - $150,000$300,000 - $433,500
Franchise Fee $22,000$42,000
Royalty Fee Varies6%
Advertising Fee -1%
Year Founded 19942010
Year Franchised 20032012
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee --


Business Experience Requirements

 
IM=X Pilates Studio Franchise
Iron Tribe Fitness Franchise
Experience
  • Industry experience
  • -

    Financing Options

     
    IM=X Pilates Studio Franchise
    Iron Tribe Fitness Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/No-/-
    Start-up Costs No/No-/-
    Equipment No/Yes-/-
    Inventory No/Yes-/-
    Receivables No/No-/-
    Payroll No/No-/-

    Training & Support

     
    IM=X Pilates Studio Franchise
    Iron Tribe Fitness Franchise
    Training - On-The-Job Training: 20 hours Additional Training: Online pre-training course
    Support Toll-free phone line, Internet, 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 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

     
    IM=X Pilates Studio Franchise
    Iron Tribe Fitness Franchise
    US Expansion -Yes
    Canada Expansion No-
    International Expansion Yes-

    Company Overviews

    About IM=X Pilates Studio

    The IM=X Pilates Franchise is a turn-key business that offers chiropractors, physical therapists, sports medicine M.D.s and personal trainers a unique opportunity to enter the pilates, fitness and exercise rehabilitation industry.

    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.