Club 50 Fitness Centers vs Iron Tribe Fitness Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Club 50 Fitness Centers vs Iron Tribe Fitness including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Club 50 Fitness Centers Franchise
Iron Tribe Fitness Franchise
Investment $52,858 - $87,950$300,000 - $433,500
Franchise Fee $24,900$42,000
Royalty Fee -6%
Advertising Fee -1%
Year Founded 20032010
Year Franchised 02012
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements
 
Club 50 Fitness Centers Franchise
Iron Tribe Fitness Franchise
Experience --

Financing Options
 
Club 50 Fitness Centers Franchise
Iron Tribe Fitness Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support
 
Club 50 Fitness Centers Franchise
Iron Tribe Fitness Franchise
Training We provide you with five days of comprehensive training in our business operations and procedures, including our superb exercise and fitness program. You'll learn how to use our excellent office, sales, computer software, and marketing systems. Your training will consist of both classroom and hands-on experience. On-The-Job Training: 20 hours Additional Training: Online pre-training course
Support As a valued member of our franchise system, you'll receive outstanding business advice and support. You'll be visited, on a periodic basis, by a Club 50 Fitness field representative. And, we're always available during business hours to answer your questions and address your needs.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 We're highly experienced in marketing Club 50 Fitness to the public. We'll supply you with attractive consumer marketing and advertising materials, programs, and ideas. You'll have guidelines for the implementation of advertising and promotional materials within your market. You will also have full access to our musical image, which can be used in any marketing venue, as well as full access to our professionally produced 30 and 60 second television spots. Club 50 believes in supplying the advertising and marketing tools necessary to be successful in today's competitive business climate. 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
 
Club 50 Fitness Centers Franchise
Iron Tribe Fitness Franchise
US Expansion -Yes
Canada Expansion --
International Expansion --

Company Overviews

About Club 50 Fitness Centers

TARGET THE FASTEST GROWING DEMOGRAPHIC ** 50+ BABY BOOMERS** Club 50 Fitness Provides a Complete Fitness and Nutrition Solution for Men and Women 50 and Older. Club 50 Fitness combines Cardio, Strength Training and Nutrition in a fun, easy-to-follow 30-minute workout and no-nonsense diet and nutritional program. The Club workout utilizes state-of-the-art Hydraulic Resistance Equipment in a unique and fun format that accommodates ANY level of fitness. Franchisees receive: * Comprehensive Training (Our Club 50 University is unmatched) * An Exclusive Territory (A meaningful territory that allows for growth) * Ongoing Support (We never stop assisting you) * State-of-the-art Software System (This makes running your business a snap) * Top Quality Equipment (Our adjustable, heavy-duty equipment is the best in the industry) * Professional Advertising and Marketing Materials (Preproduced TV & Radio ads, Print Materials, Promotional Items) 50+ Facts... * Seniors (50+) are the fastest growing market today, now comprising almost 40% of the U.S. adult population. * Seniors control over 70% of all disposable income with $2 trillion in spending power and more than $1 trillion of that spent on goods and services. * Seniors spend more on health and personal care than any other age group. Club 50 Fitness: * Targets fastest growing market segment * Features fitness and nutrition programs and equipment designed exclusively for 50+ adults * Targets an untapped and highly affluent demographic. (Coed Active Adults) * Includes comprehensive software that simplifies managing your business. Provides outstanding franchisee support JOIN OUR GROWING FAMILY OF FRANCHISEES!

About Iron Tribe Fitness

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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.