Shred415 vs Thrive Active Fitness Clubs Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Shred415 vs Thrive Active Fitness Clubs including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Shred415 Franchise
Thrive Active Fitness Clubs Franchise
Investment $440,280 - $959,200$140,000 - $750,000
Franchise Fee $50,000$40,000
Royalty Fee 8%-
Advertising Fee --
Year Founded 1986-
Year Franchised 2004-
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee --


Business Experience Requirements
 
Shred415 Franchise
Thrive Active Fitness Clubs Franchise
Experience --

Financing Options
 
Shred415 Franchise
Thrive Active Fitness Clubs Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees No/No-/-
Start-up Costs No/No-/-
Equipment No/No-/-
Inventory No/No-/-
Receivables No/No-/-
Payroll No/No-/-

Training & Support
 
Shred415 Franchise
Thrive Active Fitness Clubs 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 -
Marketing Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app-
Operations Absentee Ownership Allowed-

Expansion Plans
 
Shred415 Franchise
Thrive Active Fitness Clubs Franchise
US Expansion Yes-
Canada Expansion No-
International Expansion Yes-

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 Thrive Active Fitness Clubs

Considering all of the endeavors you could pursue in your life, why not set your personal, business and financial goals to align with a philosophy of health, happiness and prosperity? With Thrive Active Fitness Clubs, you can do just that! The fulfilling experience of being a part of our completely integrated franchise model is only surpassed by knowing that you are making a positive difference in the lives of your club members. And how are you accomplishing that? Simple - by offering certified personal training in the areas of nutrition and exercise through our Thrive Biophase Training Systems. This element of the business becomes your sustainable competitive advantage and is generated month in, month out through our frequent, consistent and strategic print marketing program. Service is built right into our franchise model, not an extra-cost add-on! So, from the first step of business planning, to build-out, grand opening and start-up, continuing on through club operations, our franchisees receive a high level of support month after month, year after year. Our franchise development team is focused on your success every step of the way. Read on to see why you too should choose Thrive Active Fitness Clubs as the fitness franchise within your portfolio. Contact Us at your convenience. We stand ready to help you determine if a franchise with Thrive Active Fitness Clubs is right for you.