Iron Tribe Fitness vs Medifast Franchise Comparison

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

Start-Up Costs and Fees
  Iron Tribe Fitness Medifast
Investment 300000 - 433500 148000 - 269000
Franchise Fee
Royalty Fee 6%
Advertising Fee 1%
Year Founded 2010 1980
Year Franchised 2012 2007
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements
  Iron Tribe Fitness Medifast
Experience

Financing Options
  Iron Tribe Fitness Medifast
 
Franchise Fees
Start-up Costs
Equipment
Inventory
Receivables
Payroll

Training & Support
  Iron Tribe Fitness Medifast
Training On-The-Job Training: 20 hours Additional Training: Online pre-training course Comprehensive Training Programs: Program and product training Operational training Weight-loss consultation and member management training Sales training Continuing education programs
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 Real Estate, Construction and Business Development: Comprehensive Real Estate & Construction Manual Comprehensive Business Start-Up Manual Demographics research and site selection assistance Dedicated center start-up specialists General Operations Support: Program and product support teams Grand opening support Product ordering support Member management
Marketing Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app Corporate branding corporate website, national TV, and national print Public relations support Best practices support in advertising and marketing, including print, radio, television, and local campaigns Lead management system Interactive content managed website for your local business Local search engine optimization and search engine management Social media resources and applications
Operations Absentee Ownership Allowed Number of Employees Required to Run: 5

Expansion Plans
  Iron Tribe Fitness Medifast
US Expansion Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming
Canada Expansion
International Expansion

Start-Up Costs and Fees Mobile
Investment
Iron Tribe Fitness
Medifast
Franchise Fee
Iron Tribe Fitness
Medifast
Royalty Fee
Iron Tribe Fitness 6%
Medifast
Advertising Fee
Iron Tribe Fitness 1%
Medifast
Year Founded
Iron Tribe Fitness 2010
Medifast 1980
Year Franchised
Iron Tribe Fitness 2012
Medifast 2007
Term Of Agreement
Iron Tribe Fitness
Medifast
Renewal Fee
Iron Tribe Fitness
Medifast


Business Experience Requirements
Experience
Iron Tribe Fitness
Medifast

Financing Options
 
Franchise Fees
Iron Tribe Fitness
Medifast
Start-up Costs
Iron Tribe Fitness
Medifast
Equipment
Iron Tribe Fitness}
Medifast
Inventory
Iron Tribe Fitness
Medifast
Receivables
Iron Tribe Fitness
Medifast
Payroll
Iron Tribe Fitness
Medifast

Training & Support
Training
Iron Tribe Fitness On-The-Job Training: 20 hours Additional Training: Online pre-training course
Medifast Comprehensive Training Programs: Program and product training Operational training Weight-loss consultation and member management training Sales training Continuing education programs
Support
Iron Tribe Fitness 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
Medifast Real Estate, Construction and Business Development: Comprehensive Real Estate & Construction Manual Comprehensive Business Start-Up Manual Demographics research and site selection assistance Dedicated center start-up specialists General Operations Support: Program and product support teams Grand opening support Product ordering support Member management
Marketing
Iron Tribe Fitness Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app
Medifast Corporate branding corporate website, national TV, and national print Public relations support Best practices support in advertising and marketing, including print, radio, television, and local campaigns Lead management system Interactive content managed website for your local business Local search engine optimization and search engine management Social media resources and applications
Operations
Iron Tribe Fitness Absentee Ownership Allowed Number of Employees Required to Run: 5
Medifast

Expansion Plans
US Expansion
Iron Tribe Fitness Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming
Medifast
Canada Expansion
Iron Tribe Fitness
Medifast
International Expansion
Iron Tribe Fitness
Medifast