Basecamp Fitness vs Iron Tribe Fitness Franchise Comparison

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

Start-Up Costs and Fees

 
Basecamp Fitness Franchise
Iron Tribe Fitness Franchise
Investment $500,760 - $734,848$300,000 - $433,500
Franchise Fee $50,000$42,000
Royalty Fee 8%6%
Advertising Fee 2%1%
Year Founded 20182010
Year Franchised 20202012
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements

 
Basecamp Fitness Franchise
Iron Tribe Fitness Franchise
Experience --

Financing Options

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

Training & Support

 
Basecamp Fitness Franchise
Iron Tribe Fitness 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

 
Basecamp Fitness Franchise
Iron Tribe Fitness Franchise
US Expansion YesYes
Canada Expansion --
International Expansion Yes-

Company Overviews

About Basecamp Fitness

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Basecamp Fitness is a new studio fitness concept that will push you to your limits and shakes up your workout routine. We use a varying, fitness program that gives you a complete, full-body workout combining efficient cardio AND strength training AND core movements - every class - we take the guesswork out of your workout. Our high-energy, upbeat environment and motivating instructors keep you moving and coming back for more. Basecamp is the only studio that uses an Assault bike and provides weights, as heavy as you choose, to ensure you get the best work out every time. Making You. Stronger. Faster.
Basecamp Fitness is expanding its franchising opportunities both domestically and globally. The new fitness concept is owned by Self Esteem Brands' parent franchisor to Anytime Fitness, the largest fitness franchise. The workout is one of the fastest and most efficient programs on the market and solves the needs of our customers’ busy lifestyle.


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.