Start-Up Costs and Fees |
||
| Iron Tribe Fitness | The Max Challenge | |
| Investment | 300000 - 433500 | 131868 - 280592 |
| Franchise Fee | ||
| Royalty Fee | 6% | 6% |
| Advertising Fee | 1% | 2% |
| Year Founded | 2010 | 2011 |
| Year Franchised | 2012 | 2013 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Iron Tribe Fitness | The Max Challenge | |
| Experience | ||
Financing Options |
||
| Iron Tribe Fitness | The Max Challenge | |
| Franchise Fees | ||
| Start-up Costs | ||
| Equipment | ||
| Inventory | ||
| Receivables | ||
| Payroll | ||
Training & Support |
||
| Iron Tribe Fitness | The Max Challenge | |
| Training | On-The-Job Training: 20 hours Additional Training: Online pre-training course | On-The-Job Training: 18 hours Classroom Training: 40 hours Additional Training: Ongoing virtual training |
| 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 | 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 | 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 | Absentee Ownership Allowed Number of Employees Required to Run: 2 |
Expansion Plans |
||
| Iron Tribe Fitness | The Max Challenge | |
| 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 | |
| The Max Challenge | |
| Franchise Fee | |
| Iron Tribe Fitness | |
| The Max Challenge | |
| Royalty Fee | |
| Iron Tribe Fitness | 6% |
| The Max Challenge | 6% |
| Advertising Fee | |
| Iron Tribe Fitness | 1% |
| The Max Challenge | 2% |
| Year Founded | |
| Iron Tribe Fitness | 2010 |
| The Max Challenge | 2011 |
| Year Franchised | |
| Iron Tribe Fitness | 2012 |
| The Max Challenge | 2013 |
| Term Of Agreement | |
| Iron Tribe Fitness | |
| The Max Challenge | |
| Renewal Fee | |
| Iron Tribe Fitness | |
| The Max Challenge | |
Business Experience Requirements |
|
| Experience | |
| Iron Tribe Fitness | |
| The Max Challenge | |
Financing Options |
|
| Franchise Fees | |
| Iron Tribe Fitness | |
| The Max Challenge | |
| Start-up Costs | |
| Iron Tribe Fitness | |
| The Max Challenge | |
| Equipment | |
| Iron Tribe Fitness} | |
| The Max Challenge | |
| Inventory | |
| Iron Tribe Fitness | |
| The Max Challenge | |
| Receivables | |
| Iron Tribe Fitness | |
| The Max Challenge | |
| Payroll | |
| Iron Tribe Fitness | |
| The Max Challenge | |
Training & Support |
|
| Training | |
| Iron Tribe Fitness | On-The-Job Training: 20 hours Additional Training: Online pre-training course |
| The Max Challenge | On-The-Job Training: 18 hours Classroom Training: 40 hours Additional Training: Ongoing virtual training |
| 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 |
| The Max Challenge | 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 | |
| Iron Tribe Fitness | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| The Max Challenge | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Operations | |
| Iron Tribe Fitness | Absentee Ownership Allowed Number of Employees Required to Run: 5 |
| The Max Challenge | Absentee Ownership Allowed Number of Employees Required to Run: 2 |
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 |
| The Max Challenge | |
| Canada Expansion | |
| Iron Tribe Fitness | |
| The Max Challenge | |
| International Expansion | |
| Iron Tribe Fitness | |
| The Max Challenge | |