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Below is an in-depth analysis and side-by-side comparison of Look Good Naked vs Pink Iron including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $6,367 - $21,100 | $240,000 - $350,000 |
Franchise Fee | $500 | $39,500 |
Royalty Fee | 20% (up to 10% available in performance and quality rebates) | 7% |
Advertising Fee | $15 /mo. | up to 3% |
Year Founded | 2004 | 2009 |
Year Franchised | 2013 | 2015 |
Term Of Agreement | 3 years | - |
Term Of Agreement | 3 years | - |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | - | We are seeking those who are passionate about women's fitness, have local market and industry knowledge, experience in the fitness industry, and have a teamwork-ready attitude! If you are smart, kind, and coachable you are ready to be a Pink Iron owner! |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | -/- | -/- |
Start-up Costs | -/- | -/- |
Equipment | -/- | -/- |
Inventory | -/- | -/- |
Receivables | -/- | -/- |
Payroll | -/- | -/- |
Training & Support |
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Training | - | White glove service with a full in-house training program, startup help, and ongoing trainings and meetings to keep everyone on the same page and with the most up-to-date information. We are committed to ensuring that every franchisee and their staff receives the very best training and support during the initial startup phase of the franchise. All owners and managers will come to the original Pink Iron location in sunny West Hollywood, CA and receive one-on-one training with our founder, celebrity trainer Holly Holton. Franchisees will walk through out systems, witness and learn how our flagship location is run, and leave with a deep understanding of what it takes to run a Pink Iron. Our Pink Iron franchise team is always available to visit on-location and help with any questions you might have or assistance you might require. We believe in being very hands-on to ensure that every Pink Iron is at the head of the market for women's fitness. |
Support | Since your success is directly tied to our success, whether it's your first business or your last business, our support team is there to help you achieve the results you're looking for in a business. Franchisees will learn how to construct a business and marketing plan based on the size of business you want to run and then we'll coach you along the way to help you get there. Franchisees receive weekly education and training for ongoing development, plus we provide the educational tools and support needed for all LGN participants. | - |
Marketing | - | - |
Operations | - | Owner-operators are essential to the success of a Pink Iron location. We require that any owner, or at least 1/2 of an ownership team/partnership take a full-time role in running their Pink Iron franchise. |
Expansion Plans |
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US Expansion | Yes | Yes |
Canada Expansion | - | - |
International Expansion | - | - |
A Look Good Naked Franchise offers: A great brand name - who doesn't want to look good naked? The brand has been creative from its outset; it's not about looking good naked to "other people", looking good naked is about what we say to "ourselves". So, even though the name has a risque edge to it, the brand that is conveyed is empowering people to change from the inside-out. It also portrays our philosophy on nutrition; eating non-processed foods that are free of hormones, pesticides, and other toxins that can affect how our metabolism works - it's Looking Good - the Naked way. Great margins - Why spend thousands in overhead and take out large loans just to make 5-10% on your money? Look Good Naked boasts margins that are 4-10 times better than other businesses, making your time worth more. A scalable model - Look Good Naked attracts mostly those that want to own and operate their business. But, that doesn't necessarily mean that the business is limited in size. Look Good Naked can be run as small as 1 session per day taught solely by the owner, to several sessions run in several areas by subcontracted or hired trainers. The system is built to pay trainers very well. Nutrition Guidance - Look Good Naked has assembled a team of nutrition experts that provide nutritional education both in the initial classroom training and to the trainers through a weekly newsletter. Clients also receive access to nutrition information through our CRM and website, along with weekly newsletters with nutritional concepts, ideas and recipes. Flexible locations - All franchisees get protected territories, however, since the business goes where ever the trainer goes; the location of the workouts are limitless. Local parks, your back yard, churches, community centers, roof tops of buildings, fields, side roads, cul-de-sacs, basements, barns, corporate offices - the list goes on and on. Bring your boot camp anywhere to change the scenery. And, because businesses are not part of the protected territories, you can solicit boot camps to businesses anywhere you want!
Pink Iron is the new standard in women's gyms, boasting the Most Effective Workout in the World for Women all while being surrounded by a beautiful feminine and motivating environment. With a talented coaching staff, state-of-the-art sports training equipment, fun and challenging group classes for all fitness levels, and amazing service, Pink Iron will make any woman feel like they are on the Hollywood A-List. This boutique gym also offers hassle free month-to-month memberships and no initiation fees! The creation of fitness competitor and celebrity trainer Holly Holton, Pink Iron offers the women of Los Angeles a new alternative to the "nightclub scene" atmosphere of a coed gym. The glamorous Hollywood decor will make you feel pretty in Pink, but don't be fooled, you will feel tough as Iron when leaving from a workout in this gym. From starlets to soccer moms, Pink Iron is responsible for some of the hottest bodies in Hollywood! You can be next! At Pink Iron, our mission is to positively impact, inspire, and improve women's lives through fitness. We have come together to create a community, a family, where each client feels comfortable and supported. We are a women's gym but you won't find our members lifting 3pound baby weights; you will walk in on any given day to find real women working hard and together to push each other to be their best. We use barbells, kettlebells, rowers, and jump ropes as some of our tools of choice. Our programs are designed specifically for women with our member's goals in mind. Expansion Plans - We are expanding and franchising into the greater Los Angeles area and throughout the western United States. We are open to hearing about all potential franchisees wherever they are located!