Iron 24
We provide technology-driven fitness centers under the Iron 24 name. Our centers offer low-cost gym memberships with no contracts or sales pitches and give customers 24-hours-a-day, 7-days-a-week access to a full range of workout equipment in a clean, convenient, and welcoming space. Each location is designed and operated under our system, with consistent standards for layout, equipment, supplies, training, and marketing. Our centers are retail fitness facilities serving the general public in local communities.
Your franchise match score
Fitness
Brand highlights
- CEODavid Graham
- Headquarters2880 Broadway Bend Drive, Pearland, TX, 77584
- Year founded2021
- Year started franchising2022
- IndustryFitness
- Locations open7 (+7 last three years)
Statistics & metrics
- Investment range$201,050 - $480,750
- Franchise fee$39,000
- RoyaltyThe greater of (i)7% of Net Sales or (ii) the Minimum Royalty Fee of $500 per month.
- Brand fundWe do not currently charge this fee. However, we may impose a General Advertising Fee of up to 5% of Net Sales. Thereafter, we may increase the fee by up to 1% every six months after giving you sixty (60) days notice.
- Required Liquid CapitalN/A
- Required Net WorthN/A
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FDD insights
The information shown below is derived from publicly available franchise disclosure documents (FDDs), including the version issued as of the issuance date listed below, and other third-party sources. This information may not reflect the most current FDD. It is provided for general informational purposes only and is not part of any franchise offering or sales process. Franchise Sidekick is not providing or furnishing an FDD in accordance with FTC requirements. You should obtain and review the most current official FDD directly from the franchisor before making any investment decision.
FDD Version Referenced - Issuance Date: 2024-11-08
| Category | Detail | View |
|---|---|---|
| The Franchisor & Executives | Learn about Iron 24, its parent company, and the executive leadership team responsible for operating and supporting the franchise system. | |
| Initial Franchise Fee | Learn about the initial franchise fee required to join the Iron 24 franchise system and what that fee covers. | |
| Other Fees | Understand the ongoing and additional fees associated with owning a Iron 24 franchise, including royalties, marketing contributions, and other required payments. | |
| Estimated Initial Investment | Review the estimated total initial investment required to open a Iron 24 franchise, including startup costs and working capital estimates. | |
| Territory | Understand how franchise territories are defined, whether they are exclusive, and under what circumstances they may be modified by Iron 24. | |
| Financial Performance Representations | Review any financial performance information Iron 24 provides, including revenue or earnings data, if disclosed. |
Location data
| Total locations | 7 |
| Franchise locations | 2 |
| Corporate locations | 5 |
System growth over time
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