Franchise Comparison
Iron Tribe vs Orangetheory Franchise
As an Iron Tribe franchise owner, you’ll have access to top-notch support and training, personalized marketing plans, and a community-driven culture that fosters growth and success. Check out our comparison table below to see how Iron Tribe stacks up against the competition.
Fee Name | Iron Tribe Fitness | Orangetheory |
---|---|---|
Year Founded | 2010 | 2010 |
Annual Average Gross Earnings | $513,575.61 ** | $1,142,442 ** |
Estimated Initial Investment | $308,000 – $441,500 | $589,129 – $1,621,269 |
Royalty Fee | 6% of gross sales | 8% of gross sales |
Brand Development Fund Contributions | 1% of gross sales | 3% of gross sales |
Term of Agreement | 10 years | 10 years |
Comprehensive Training and Support Program | Yes | Yes |
Technology Fee | $600 per month | $899 per month (plus a $575 management software setup fee) |
Renewal Fee | $5,000 | Estimated $29,975 fee based on 50% of then-current initial franchise fee for new franchisees. |
Transfer Fee | $7,500 | Estimated $29,975 fee based on 50% of then-current initial franchise fee for new franchisees for a control transfer. 25% of the then-current initial franchise fee for all other transfers (other than transfers to an entity formed to operate the studio). |
Additional Training | $500 per trainee | $1,000 per trainee |
Non-Compliance Fee | Up to $250 per notice of violation. | Up to $1,000 per notice of violation. |
Marketing Fee | 5% of Gross Sales or a minimum of $2,500 each month | 2-3% of Gross Sales |
Late Fee/Interest/Declined Payment Fee | Late fee of 3%; Fees and Costs Incurred/Interest at 12% | Lesser of 18% per annum or the highest rate permitted by law, plus $100 per week or portion of a week that the payment or report is overdue. |
Disclaimers | *The above information has been compiled from the FDD of Iron Tribe Fitness. Year of FDD: 2022. **Earnings represented in this table are estimates of income potential only, and there is no assurance that your earnings will match the figures we present. Source for this estimate: Iron Tribe Fitness 2022 FDD | *The above information, with the exception of the Annual Average Gross Earnings, has been compiled from the FDD of Orangetheory Fitness. Year of FDD: 2022. **Earnings represented in this table are estimates of income potential only, and there is no assurance that your earnings will match the figures we present. Source for this estimate: https://sharpsheets.io/blog/orangetheory-fitness-franchises-costs-profits/ |
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Join The Tribe
Are you passionate about fitness? Do you want to help your neighbors unlock their wellness within?
Opening an Iron Tribe Fitness franchise allows you to connect with your community through the power of fitness while building a meaningful career. Learn more about our franchise opportunities today.
Why Choose an Iron Tribe Franchise?
We have built a strong franchising model that is designed to accelerate success for the right owners in the right locations. Our process supports our franchisees through every aspect of running their gym to ensure the best results.
Strong Unit Economics
ITF owners enjoy a low cost of entry, a membership-based model, and reoccurring revenue. We’ll help you succeed from day one.
Real Estate Support
Our team will help you find a site in an ideal location, guide you through lease negotiations, and build a strong foundation for your new Iron Tribe gym.
Coach Recruiting and Training
Through hands-on training, our week-long Coaches Preparation Program teaches you how to deliver the Iron Tribe experience to each member.
Owner and Manager Training
The Iron Tribe brand vision is at the heart of our Tribe Academy and Management Practicum Program to ensure members get the best experience possible.
On-going Training and Support
Our team conducts ongoing calls with each owner and manager to review KPIs, goals, troubleshooting, and action steps (if needed).
Marketing
We have a robust marketing program that focuses on your specific location to generate buzz, and ongoing campaigns to drive new membership.