About This Raise
Iron & Oak Fitness is a thriving boutique gym with 400+ active members. We are raising capital to add a dedicated yoga and spin studio to our location and launch virtual memberships.
Founder Story
Iron & Oak Fitness opened in 2022 with a mission to bring premium boutique fitness to our neighborhood without the big-box gym price tag. What started as a 2,000 sq ft space with 50 founding members has grown into a 400+ member community that feels more like a family than a gym.
Business Snapshot
Verified through FAME’s financial certification process
Monthly Revenue
$42,000
Years in Business
4
Employees
12
Term
30 months
How this money gets used
As stated by the business in its offering materials.
- Strength equipment$9,00045%
- Studio expansion$7,50038%
- Coach certification$3,50018%
Discussion & Questions
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$4,800
raised of $20,000 goal · $5,000,000 cap
Succeeds at $15,000. $10,200 still to go. If the raise ends below that, it is cancelled and every investor is refunded in full.
Funds held in escrow · 48-hour cancellation right
Investment Terms
Debt Note · 8% APR
Fixed monthly payments over 30 months. Example: a $500 note pays back $18.44/mo — $553.32 total at maturity.