Prime I.V. Hydration & Wellness vs Iron Tribe Fitness Franchise Comparison

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

Start-Up Costs and Fees

 
Prime I.V. Hydration & Wellness Franchise
Iron Tribe Fitness Franchise
Investment $157,902 - $339,402$300,000 - $433,500
Franchise Fee $45,000$42,000
Royalty Fee -6%
Advertising Fee -1%
Year Founded 20202010
Year Franchised 20202012
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements

 
Prime I.V. Hydration & Wellness Franchise
Iron Tribe Fitness Franchise
Experience --

Financing Options

 
Prime I.V. Hydration & Wellness Franchise
Iron Tribe Fitness Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support

 
Prime I.V. Hydration & Wellness 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

 
Prime I.V. Hydration & Wellness Franchise
Iron Tribe Fitness Franchise
US Expansion YesYes
Canada Expansion --
International Expansion --

Company Overviews

About Prime I.V. Hydration & Wellness

Prime offers a disruptive healthcare solution to a problem where only 8-10% of oral consumption gets to tissues that need nutrients
  • Proven franchise system to grow a customer base quickly
  • Innovative model where IV drips deliver essential vitamins, minerals, amino acids & antioxidants directly to the body for 100% absorption
  • Be a part of the $3 trillion global wellness industry
  • Administer groundbreaking protocols to stimulate the immune system and overall health
  • Access a proprietary social media marketing system
  • Hands-on and online continuing education curriculum
  • Experience training from medical professionals
  • Benefit from a lucrative membership model to enhance revenue
  • Business is thriving after Covid-19

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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.