Iron 24

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Founded

2021

Started franchising

2022

Industry
Fitness
franchises
Sub industry
Gyms
franchises

Iron 24 is a 24-hour fitness center providing members with flexible access to a wide range of equipment and training options, promoting fitness on your schedule.

KEY FRANCHISE STATS

All you need to know about this franchise in a snapshot

Initial investment

?

$201,000
 - 
$481,000

Initial franchise fee

?

$39,000

Royalty fee

?

7.00%

Advertising fee

?

3% - 8%

Revenue (AUV)

?

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Undisclosed

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Gyms
franchises

Operating Profit

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Undisclosed

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Gyms
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Sales : Investment ratio

?

Investment Payback

?

Franchised units

?

2

+
n.a.
(
2
)
n.a.
(
2
)

vs. 2 years ago

Company-owned units

?

5

Total units

?

7

UNITS

This is how many units the franchise has in total

Franchised units
Company-owned units
Total units

2024

2

5

7

0

0

0

0

0

0

PROFITABILITY

Find how profitable this franchise is vs. industry benchmarks

Iron 24
Fitness
franchises
Gyms
franchises

Operating Profit

?

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Undisclosed

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Franchise fees
Total investment

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Revenue (AUV)

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Gross margin

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Operating profit

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Sales : Investment Ratio

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Investment Payback (ROI)

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COMPETITORS OF

Iron 24

Franchise
Units
Growth
Initial fee
Investment
Revenue (AUV)
Gross Profit

2

+
n.a.
n.a.
No growth

$39,000

$201,000

-

$481,000

Undisclosed

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Pro