Iron Tribe

Iron Tribe

Iron Tribe Fitness franchises operate group-oriented fitness training facilities offering a unique exercise regimen that includes strength and conditioning workouts, nutrition training, and coaching by trained professionals using a proprietary business system. Facilities are typically 3,000 to 4,000 square feet and located in suburban areas, business districts, and lifestyle centers, targeting individuals seeking community-based, effective fitness programs. The business model involves selling single-unit franchises or multi-unit development agreements, with total initial investments ranging from $360,750 to $544,250 for a single facility.

20
Locations
$361K–$544K
Investment
ServicesBirmingham, ALwww.irontribefitness.comDisclaimer

Franchise Costs


Franchise Fee
$50,000
Item 5 of FDD
Initial Investment Range
$360,750 $544,250
Low: $360,750High: $544,250
Item 7 of FDD
Royalty Rate
6.00%
of gross sales
Brand Fund
1.00%
Item 6 of FDD
Fixed Monthly Fees
$600 – $605
Item 6 of FDD

6% royalty + 1% brand development fund + $600/mo technology fee

Financial Performance


Item 19 Financial Performance

Average Gross Revenue
$0
Median Gross Revenue
$0

Data Based On: Nineteen (19) Franchised Facilities open for the full Measurement Period (January 1, 2022 - December 31, 2022).

* Average and median gross revenue were directly extracted from the 'FRANCHISEE AVERAGE' and 'FRANCHISEE MEDIAN' rows under 'Gross Sales (2022)' in the provided tables. Net income, net profit, EBITDA, and a best guess profit range could not be calculated because the document explicitly states that the figures do not reflect all necessary operating expenses to obtain net income or profit, and lists many excluded costs.

Extracted Item 19 Section

How Iron Tribe Compares


Key Insights

  • Higher than average SBA loan default rate in Fitness Studios
FranchiseInvestmentFeeRoyaltyLocations
Iron Tribe
Current
$361K – $544K$50K6.0%20
Planet Fitness$1.5M – $5.2M$20K7.0%2,298
ANYTIME FITNESS$459K – $908K$43KN/A2,290
F45 Training$349K – $786K$60K7.0%751
Pure Barre$314K – $629K$60K7.0%617
HOTWORX$259K – $878K$20KN/A578
Fitness Studios Average
55 franchises
$425K – $1.0M$47K6.9%

* Comparison based on latest FDD filings. Investment ranges from Item 7, fees from Item 5. Showing top 5 of 55 Fitness Studios franchises by location count.

Locations & Growth


Outlet Growth Over Time

Total outlets at end of each year

Geographic Distribution (2022)

Outlets by state across the United States

Top States
1TN
8
2AL
3
3LA
2
4NC
2
5GA
2
6SC
2
7TX
1
8WI
0
9FL
0
10KY
0

SBA Loan History


Historical SBA 7(a) loan data for Iron Tribe franchisees (20142025)

Total Loans
5
Average Loan
$270,600
Total Volume
$1.4M
Default Rate
0.0%

Loans by Year

SBA 7(a) loan activity over time

* Data sourced from SBA 7(a) FOIA loan records. Default rate calculated from charged-off loans.

Franchisee Contacts


23 franchisee contacts on file from official FDD filings.

NameSBA Loan
John Smith
ABC Franchise LLC
$350,000
2023 · Active
John Smith
ABC Franchise LLC
$350,000
2023 · Active
John Smith
ABC Franchise LLC
$350,000
2023 · Active
John Smith
ABC Franchise LLC
$350,000
2023 · Active
John Smith
ABC Franchise LLC
$350,000
2023 · Active

23 Contacts Available

Unlock all Iron Tribe franchisee contacts with verified contact information

Due Diligence


Litigation (Item 3)

Franchisee Cases0
No litigation involving franchisees reported

Bankruptcy (Item 4)

Bankruptcy HistoryNo
No bankruptcy history reported

System Health (Item 20)

Franchise system changes reported in the most recent fiscal year

Terminations
1
Non-Renewals
0
Reacquired
3
Ceased Ops
0
Transfers
0
Sold to Franchisees
0
Projected New
3

Frequently Asked Questions


The total initial investment to open a Iron Tribe franchise ranges from $360,750 to $544,250. This includes a franchise fee of $50,000. Ongoing royalty fees are 6.0% of gross sales.

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