About Iron 24 Franchise
Iron 24 is a 24 hour fitness center franchise offering members around the clock access to a full range of strength training, cardio, and functional fitness equipment.
The brand caters to fitness enthusiasts who need flexible workout schedules, whether early morning, late night, or anytime in between.
The franchise fee is $20,000.
Iron 24 Franchise Cost & Fees
Minimum Investment
$92K
Average Investment
$190K
Maximum Investment
$289K
| Fee Type | Amount | Notes |
|---|---|---|
| Initial Franchise Fee | $20,000 | One-time payment upon signing |
| Royalty Fee | 4.5% of Net Sales of gross sales | Ongoing; paid monthly |
| Marketing/Ad Fund | We do not currently charge this fee. However, we may impose a General Advertisin | National brand fund |
| Total Investment Range | $91,950 – $288,850 | Includes build-out, inventory, working capital |
The investment range of $92K–$289K reflects variability in build-out costs, store size, lease terms, and market. The combined royalty (4.5% of Net Sales) and marketing fee (We do not currently charge this fee. However, we may impose a General Advertisin) are ongoing costs paid as a percentage of gross sales.
Investment Breakdown (Item 7)
| Item | Low | High |
|---|---|---|
| Franchise Fee (Note 2) | $20,000 | $20,000 |
| Business Licenses & Incorporation (Note 3) | $200 | $1,000 |
| Build-out and Permits (Note 4) | $5,000 | $15,000 |
| Fixtures, Furnishings & Equipment (Note 5) | $20,000 | $155,000 |
| Computer Equipment and Technology (Note 6) | $4,450 | $8,150 |
| Signage (Note 7) | $8,500 | $17,000 |
| Architect/ Engineering Fees (Note 8) | $0 | $5,000 |
| Rent, Security Deposits and Utility Deposits (Note 9) | $5,500 | $11,300 |
| Other Professional Fees (Note 10) | $500 | $3,000 |
| Insurance Deposit (Note 11) | $800 | $1,400 |
| Office Supplies (Note 12) | $500 | $1,500 |
| Training Expenses (Note 13) | $1,000 | $2,500 |
| Grand Opening Advertising (Note 14) | $8,000 | $8,000 |
| Additional Funds (for the initial 3 months of operations) (Note 15) | $17,500 | $40,000 |
| TOTAL ESTIMATED INITIAL INVESTMENT | $91,950 | $288,850 |
Additional Fees (Item 6)
| Fee Type | Amount |
|---|---|
| Transfer Fee | $5,000 under the Franchise Agreement. An Area Developer will pay a transfer fee |
| Renewal Fee | $2,000 |
| Technology Fee | $250 |
| Call Center Fees | $200 |
| Electronic Systems Fee | $250 |
| Annual Convention Registration | $799 |
| Additional training and assistance | $500 |
| Late Fee and Interest on Overdue Payments | A late fee equal to 5% of your overdue amount, and interest equal to 1.5% per mo |
| Relocation Fee | $2,000 |
| Standard Default Fee | $500 |
| Business Licenses & Incorporation (Note 3) | $200 |
| Build-out and Permits (Note 4) | $5,000 |
| Fixtures, Furnishings & Equipment (Note 5) | $20,000 |
| Signage (Note 7) | $8,500 |
| Architect/ Engineering Fees (Note 8) | $0 |
| Rent, Security Deposits and Utility Deposits (Note 9) | $5,500 |
| Other Professional Fees (Note 10) | $500 |
| Insurance Deposit (Note 11) | $800 |
Territory Rights (Item 12)
| Detail | Information |
|---|---|
| Territory Type | exclusive |
Renewal, Termination & Transfer (Item 17)
| Detail | Information |
|---|---|
| Renewal Term | You may apply to operate the Franchised Center for 2 additional renewal terms of 10 years each, if the conditions below are met prior to renewal. |
Iron 24 Franchise Earnings — Item 19
Iron 24 does not make an Item 19 financial performance representation in their FDD. This means they do not disclose revenue, profit, or earnings data for franchised locations. Before investing, ask the franchisor directly for franchisee contact information so you can speak with existing owners about their actual financial performance.
Iron 24 does not include an Item 19 financial performance representation in their FDD. Contact information for current and former franchisees is listed in Item 20 of the FDD.
Iron 24 Litigation & Risk Flags
Clean Litigation RecordIron 24 has no pending litigation actions listed in their FDD. There is also no bankruptcy history disclosed.
Litigation and bankruptcy data is sourced from Items 3 and 4 of the FDD. Always verify current status directly from the most recent FDD.
Iron 24 System Growth
Total Units
0
Franchised
0
Company-Owned
0
Iron 24 currently operates 0 franchised locations and 0 company-owned units. Unit count data is sourced from Item 20 of the FDD.
Unit History (Item 20)
| Year | Opened | Closed | Total |
|---|---|---|---|
| 2019 | 0 | ||
| 2019 | 0 | ||
| 2019 | 0 | ||
| 2020 | 0 | ||
| 2020 | 0 | ||
| 2020 | 0 | ||
| 2021 | 0 | ||
| 2021 | 0 | ||
| 2021 | 0 |
Iron 24 Franchise — FAQ
The total investment to open a Iron 24 franchise ranges from $91,950 to $288,850, per their Franchise Disclosure Document. This includes the initial franchise fee of $20,000. The investment covers build-out, inventory, equipment, signage, working capital, and other startup costs.
Iron 24 charges a royalty fee of 4.5% of Net Sales of gross sales, plus a We do not currently
charge this fee. However,
we may impose a General
Advertisin contribution to the marketing/advertising fund. These fees are paid on an ongoing basis.
You can download the Iron 24 Franchise Disclosure Document free on this page. The FDD is a public document filed with state franchise registries. Always also request the current FDD directly from Iron 24 to ensure you have the most up-to-date version.
Iron 24 does not provide an Item 19 financial performance representation in their FDD, which means they do not disclose franchisee revenue or earnings data. Prospective investors should contact existing franchisees directly (listed in Item 20 of the FDD) to gather real-world financial performance information.
Iron 24 has been offering franchise opportunities. The FDD shows an investment range of $91,950-$288,850, a 4.5% of Net Sales royalty, and includes an Item 19 earnings disclosure. There is no pending litigation. Review the full FDD and contact current franchisees listed in Item 20 before making any investment decision.
The franchise fee is $20,000 and the total investment ranges from $91,950 to $288,850 depending on location size and market. Contact the franchisor directly for current net worth and liquid capital requirements, territory availability, and application details.
Interested in Iron 24?
Get free info on this franchise. We will send you a detailed FDD report by email.
Data Source & Disclaimer: This website is for informational purposes only. It is not an offer to sell or buy a franchise. This profile is based on publicly available FDD data sourced from state franchise registry filings. All information is for research purposes only and does not constitute legal, financial, or investment advice. Data may be outdated or contain errors. Always obtain the current FDD directly from Iron 24 and consult a qualified franchise attorney before making any investment decision. FranchiseOverview.com is operated by Franchising Compliance, LLC and is not affiliated with Iron 24 or any of its subsidiaries. To report an inaccuracy: info@franchiseoverview.com