Shred415 vs LA Weight Loss Centers Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Shred415 vs LA Weight Loss Centers including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Shred415 Franchise
LA Weight Loss Centers Franchise
Investment $440,280 - $959,200$67,200 - $120,400
Franchise Fee $50,000$20,000
Royalty Fee 8%7%
Advertising Fee --
Year Founded 19861989
Year Franchised 20041998
Term Of Agreement 10 years10 years
Term Of Agreement 10 years10 years
Renewal Fee --


Business Experience Requirements
 
Shred415 Franchise
LA Weight Loss Centers Franchise
Experience --

Financing Options
 
Shred415 Franchise
LA Weight Loss Centers Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees No/NoYes/No
Start-up Costs No/NoNo/Yes
Equipment No/NoNo/Yes
Inventory No/NoNo/Yes
Receivables No/NoNo/No
Payroll No/NoNo/No

Training & Support
 
Shred415 Franchise
LA Weight Loss Centers Franchise
Training On-The-Job Training: 48 hours Classroom Training: 32 hours -
Support Meetings/Conventions Grand Opening Online Support Field Operations Site Selection Proprietary Software Franchisee Intranet Platform Meetings, Toll-free phone line, Grand opening, Field operations/evaluations
Marketing Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/appAd slicks, National media, Regional advertising
Operations Absentee Ownership Allowed-

Expansion Plans
 
Shred415 Franchise
LA Weight Loss Centers Franchise
US Expansion YesYes
Canada Expansion NoNo
International Expansion YesYes

Company Overviews

About Shred415

The Shred415 experience is an instructor-led dynamic interval training class that tar‍‍‍gets all levels of clients. Created by Chicago fitness experts Bonnie Micheli and Tracy Roemer, who bring more than 25 years of fitness-training experience, the 60-minute workout alternates between treadmill and floor training and leaves its loyal fan base empowered and motivated.
 

Differentiated against key competition, The Shred415 experience is an instructor-led dynamic interval training class that tar‍‍‍gets all levels of clients.
Veteran Incentives  $1,500 off franchise fee
 

About LA Weight Loss Centers