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Below is an in-depth analysis and side-by-side comparison of Shred415 vs MADabolic including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $440,280 - $959,200 | $222,450 - $378,200 |
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 |
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Experience | - | - |
Financing Options |
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In-House/3rd Party | In-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 |
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Training | On-The-Job Training: 48 hours Classroom Training: 32 hours | 3 day intensive training course takes place in Charlotte NC at our flagship location and corporate head quarters. Some of the topics that will be covered in your 3 days are: a) The MADabolic System & Philosophy b) Program Design & Implementation c) Exercise Equipment Description & Function d) Facility Layout & Execution e) Presentation & Pricing f) Inventory, Ordering & Approved Vendors g) Contracts, Waivers & Membership Programs h) Safety, Security, Health & Sanitation i) Hiring Instructors, Employees and Staffing Your Business j) Technology & Software Overview k) Administrative & Bookkeeping Responsibilities l) Marketing & Promoting Your Business m) Social Media Overview & Guidelines |
Support | Meetings/Conventions Grand Opening Online Support Field Operations Site Selection Proprietary Software Franchisee Intranet Platform | Online Video Database On Site Pre Opening Support |
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 |
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US Expansion | Yes | Yes |
Canada Expansion | No | - |
International Expansion | Yes | - |
We would love to talk to you about owning a MADabolic. For more information about owning your own MADabolic simply go to the "Own A MADabolic” page of our website. The MADabolic Inc. brand is only as strong as the Franchisees success. Our number one priority is to create a unique fitness experience and reputable brand led by your individual success.
Stand out in the fitness market with MADabolic - the original strength-driven interval training franchise.