Iron Tribe Fitness vs Fitness Premier Franchise Comparison

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

Start-Up Costs and Fees

 
Iron Tribe Fitness Franchise
Fitness Premier Franchise
Investment $300,000 - $433,500$294,850 - $621,500
Franchise Fee $42,000$30,000
Royalty Fee 6%-
Advertising Fee 1%-
Year Founded 20102006
Year Franchised 20122016
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements

 
Iron Tribe Fitness Franchise
Fitness Premier Franchise
Experience --

Financing Options

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

Training & Support

 
Iron Tribe Fitness Franchise
Fitness Premier 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
Fitness Premier Franchise
US Expansion Yes-
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 Fitness Premier