ISI Elite Training Franchise FDD, Costs & Fees (2024)

KEY FRANCHISE STATS

All you need to know about this franchise in a snapshot

Initial franchise fee
$60,000
Investment required
$327,000 - $687,000
Royalty fee
7.00%

ISI Elite Training: Revolutionizing Fitness Through A

Initial investment

Here's what you would need to invest if you were to start this franchise. These costs are provided by the franchisor in the Franchise Disclosure Document.

Type of Expenditure Amount
Initial Franchise Fee $60,000
A/V Equipment $20,200 to $30,000
Equipment, Furniture and Fixtures $55,700 to $81,000
Real Estate $6,800 to $20,500
Real Estate & Construction Management $15,000 to $15,000
Leasehold Improvements (with no Tenant Improvement allowance) $68,500 to $256,500
Utilities $1,000 to $3,000
Signage and Graphics $13,000 to $22,500
Startup Inventory and Uniforms $2,200 to $4,000
Grand Opening Marketing $5,000 to $20,000
Optional "Done-For-You" Presales Program $0 to $55,000
Facility Personnel Compensation: Pre-Opening $15,000 to $30,000
Insurance $2,750 to $4,500
Travel, Lodging and Meals for Initial Training Program $0 to $3,000
Training Fee $3,000 to $3,000
Technology Fee (From signing Franchise Agreement through third month of operation) $6,750 to $9,000
Business Licenses, Permits, Certifications, Soft Construction Costs, and other Professional Fees $12,500 to $20,000
Additional Funds (3 months) $40,000 to $50,000
Total $327,400 to $687,000

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Number of units

2023
Franchised units

4

13

21

Company-owned units

4

4

5

Total units

8

17

26

Franchise Disclosure Document

Training

Based in Charlotte, North Carolina, ISI Elite Training is a network of fitness centers under the ownership of Relentless Brands.

Established in 2011 by Adam Rice in Myrtle Beach, South Carolina, ISI Elite Training derives its name from the phrase "Iron Sharpens Iron." This fitness center offers 50-minute, athletic-focused training sessions designed for individuals of all fitness levels, starting from age 11, with the potential to burn up to 1000 calories per session.

Franchise owners benefit from a robust product offering, multiple revenue streams, solid unit economics, and a promising brand that fosters strong family and community ties while helping individuals enhance their fitness and health.

ISI Elite Training started franchising in 2019 and has since opened 29 franchises across the US, rapidly gaining traction in the $22 billion fitness industry.

Training 

Initial Training Duration: The initial training program spans approximately 40 hours, combining classroom instruction and hands-on experience.

Location: Training is generally conducted at the franchisor's headquarters or another designated site.

Fee: A $3,000 fee applies to the initial training program.

Content: The training encompasses a range of topics essential for operating an ISI Elite Training franchise, including business management, marketing, sales, and the unique fitness programs provided by ISI Elite Training.

Additional Training Availability: The franchisor may offer additional on-site support and training, depending on the availability of their field representatives.

Fee: Franchisees requesting this additional support may be required to pay the franchisor's prevailing Additional Training Fee.

Certification Requirements Personal Training Certification: Individuals conducting any proprietary fitness programs, workouts, or challenges must hold a certification from a personal training program accredited by the National Commission for Certifying Agencies (NCCA).

CPR and First Aid Certification: Instructors are also required to obtain and maintain CPR and First Aid certification.

Territory Protection

ISI Elite Training offers robust territory protection to its franchisees. This ensures that each franchisee operates within a clearly defined geographical area, minimizing direct competition from other ISI Elite Training franchises. By safeguarding territories, franchisees can focus on building their business and community presence without the concern of market saturation.

The designated territories are strategically planned to optimize market potential and ensure adequate customer reach. This approach not only protects the franchisee's investment but also promotes healthy growth and profitability. Franchisees can leverage their exclusive territories to establish strong relationships with local customers and community partners.

Territory protection is a crucial aspect of the franchise agreement, reflecting ISI Elite Training's commitment to supporting its franchisees. By providing exclusive rights to operate within a specific area, the franchise fosters a collaborative and thriving network. This strategic advantage helps franchisees maximize their potential for success and long-term sustainability in the competitive fitness industry.

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