Iron Tribe Fitness vs HOTWORX Studio Franchise Comparison

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

Start-Up Costs and Fees

 
Iron Tribe Fitness Franchise
HOTWORX Studio Franchise
Investment $300,000 - $433,500$188,070 - $351,885
Franchise Fee $42,000$129,500
Royalty Fee 6%$550/mo.
Advertising Fee 1%-
Year Founded 20102016
Year Franchised 20122017
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements

 
Iron Tribe Fitness Franchise
HOTWORX Studio Franchise
Experience --

Financing Options

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

Training & Support

 
Iron Tribe Fitness Franchise
HOTWORX Studio 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

 
Iron Tribe Fitness Franchise
HOTWORX Studio Franchise
US Expansion YesYes
Canada Expansion --
International Expansion --

Company Overviews

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.

About HOTWORX Studio

""
HOTWORX is a virtually instructed exercise program created for users to experience the many benefits of infrared heat absorption, while completing a 30-minute isometric workout or 15-min High Intensity Interval Training (HIIT) session.
We created this infrared sauna workout program for people who want to flush toxins from their bodies, increase flexibility, balance, tone, and burn massive amounts of calories in the process. So whether you want to polish off your gym workout, or you’re strictly a spa-goer who wants to enhance your regime, this innovation could be a major component of your wellness program in the future. The results will blow you away!