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.
Disclaimer: This information was extracted using AI from public Franchise Disclosure Documents and should be independently verified. This is not financial or legal advice. Always review official FDD filings before making investment decisions.
Overview
Financial Requirements
6% royalty + 1% brand development fund + $600/mo technology fee
Franchise Stats
Financial Performance
Item 19 Financial Performance
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 to Other Fitness Studios Franchises
Key Insights
- Higher than average SBA loan default rate in Fitness Studios
| Franchise | Investment Range | Franchise Fee | Royalty | Locations |
|---|---|---|---|---|
Iron Tribe Current | $361K - $544K | $50K | 6.0% | 20 |
| Planet Fitness | $1.5M - $5.2M | $20K | 7.0% | 2,298 |
| ANYTIME FITNESS | $459K - $908K | $43K | N/A | 2,290 |
| F45 Training | $349K - $786K | $60K | 7.0% | 751 |
| Pure Barre | $314K - $629K | $60K | 7.0% | 617 |
| HOTWORX | $259K - $878K | $20K | N/A | 578 |
Fitness Studios Average 55 franchises | $425K - $1.0M | $47K | 6.9% | - |
* 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
SBA Loan History
Historical SBA 7(a) loan data for Iron Tribe franchisees (2014 - 2025)
Loans by Year
* Data sourced from SBA 7(a) FOIA loan records. Default rate calculated from charged-off loans.
Franchisee Contacts
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Due Diligence
Litigation (Item 3)
No litigation involving franchisees reported in the FDD.
Bankruptcy (Item 4)
No bankruptcy history reported in the FDD.
System Health (Item 20)
Franchise system changes reported in the most recent fiscal year
Frequently Asked Questions
How much does it cost to open a Iron Tribe franchise?
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.
How much revenue does a Iron Tribe franchise make?
According to the 2024 FDD, the average gross revenue for a Iron Tribe franchise is $543,982.78. The median revenue is $509,029.34.
How many Iron Tribe franchise locations are there?
As of the 2024 FDD, Iron Tribe has 20 franchise locations.
Can you get an SBA loan for a Iron Tribe franchise?
Yes, SBA loans are available for Iron Tribe franchises. Historical data shows 5 SBA 7(a) loans have been approved for Iron Tribe franchisees, with an average loan amount of $270,600. The historical default rate is 0.0%.
Is Iron Tribe a good franchise to buy?
Iron Tribe shows several positive indicators: transparent financial performance data (Item 19), low SBA loan default rate. However, franchise success depends on many factors including location, local market conditions, and owner involvement. We recommend speaking with existing franchisees and consulting with a franchise attorney before making a decision.
Interested in Iron Tribe?
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