Iron 24 Franchise FDD, Profits & Costs (2025)
Iron 24 is a modern fitness and recovery franchise that entered the market in 2022, created by seasoned professionals in the health and wellness industry. With its headquarters in Houston, Texas, the brand is reshaping both gym ownership and membership by combining advanced technology with a cost-efficient, flexible business model.
This franchise delivers a round-the-clock gym experience, where everything from sign-ups to facility access is handled through the Iron 24 mobile app. By relying on a fully digital system, the brand removes the need for full-time employees, helping franchise owners cut overhead expenses while maintaining operational freedom.
Each Iron 24 location is designed to provide an all-inclusive fitness environment. Facilities are equipped with strength training machines, cardio equipment, and functional workout areas, along with specialized recovery spaces offering infrared saunas, cryotherapy, massage beds, and red light therapy.
Members enjoy instant registration, 24/7 access to all centers, and the convenience of managing their accounts without contracts or hidden charges.
Initial Investment
How much does it cost to start a Iron 24 franchise? It costs on average between $201,000 – $481,000 to start a Iron 24 franchised studio.
This includes expenses for build-out, fitness and recovery equipment, technology systems, and initial operating costs. The total investment varies based on factors such as the size of the facility, the market location, and whether the franchisee leases or owns the property.
| Type of Expenditure | Amount Range |
|---|---|
| Franchise Fee | $39,000 – $39,000 |
| Business Licenses & Incorporation | $400 – $1,200 |
| Build-out and Permits | $60,000 – $150,000 |
| Fixtures, Furnishings & Equipment | $40,500 – $190,000 |
| Computer Equipment and Technology | $4,450 – $8,550 |
| Signage | $12,700 – $20,000 |
| Architect / Engineering Fees | $3,000 – $8,000 |
| Rent, Security Deposits and Utility Deposits | $9,000 – $15,500 |
| Other Professional Fees | $2,000 – $3,000 |
| Insurance Deposit | $1,750 – $2,000 |
| Office Supplies | $1,500 – $2,000 |
| Training Expenses | $1,000 – $2,500 |
| Grand Opening Advertising | $8,000 – $9,000 |
| Additional Funds (first 3 months of operations) | $17,750 – $30,000 |
| TOTAL ESTIMATED INITIAL INVESTMENT | $201,050 – $480,750 |
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Frequently Asked Questions
How many Iron 24 locations are there?
As of the most recent data, Iron 24 operates a total of seven locations. Out of these, five are company-owned, while two are franchise-owned.
What is the total investment required to open a Iron 24 franchise?
The total investment required to open a Iron 24 franchise ranges from $201,000 to $481,000.
What are the ongoing fees for a Iron 24 franchise?
Franchisees of Iron 24 are charged a recurring royalty fee set at 7% of gross sales, which covers ongoing access to the brand, systems, and corporate support.
What are the financial requirements to become a Iron 24 franchisee?
To become an Iron 24 franchisee, candidates are required to have a minimum of $150,000 in liquid capital, ensuring they have sufficient accessible funds to cover startup and early operational costs.
Who owns Iron 24?
The Iron 24 franchise is owned by Franchise Founders, a Houston-based group of experienced entrepreneurs who specialize in developing and scaling franchise concepts across different industries.
Disclaimer
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