Shred415 vs Tutu School Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Shred415 vs Tutu School including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$440,280 - $959,200 | $73,700 - $135,200 |
Franchise Fee |
$50,000 | $36,000 |
Royalty Fee |
8% | 5% |
Advertising Fee |
- | 1% |
Year Founded |
1986 | 2008 |
Year Franchised |
2004 | 2012 |
Term Of Agreement |
10 years | - |
Term Of Agreement |
10 years | - |
Renewal Fee |
- | - |
Business Experience Requirements |
Experience |
- | - |
Financing Options |
|
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 |
Training |
On-The-Job Training: 48 hours
Classroom Training: 32 hours
|
On-The-Job Training: 74 hours
Classroom Training: 17 hours
|
Support |
Meetings/Conventions
Grand Opening
Online Support
Field Operations
Site Selection
Proprietary Software
Franchisee Intranet Platform
| Newsletter
Meetings Conventions
Grand Opening
Online Support
Security/Safety Procedures
Field Operations
Site Selection
Proprietary Software
|
Marketing |
Co-op Advertising
Ad Templates
National Media
Regional Advertising
Social media
SEO
Website development
Email marketing
Loyalty program/app | Ad Templates
Regional Advertising
Social media
Website development
Email marketing
|
Operations |
Absentee Ownership Allowed | Number of Employees Required to Run: 2 |
Expansion Plans |
US Expansion |
Yes | 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 Tutu School
Why buy a franchise?
Let’s see if we can guess… You have an entrepreneurial spirit, but feel no desire to re-invent the wheel and start building a business model from scratch, right? Perfect! Purchasing a franchise business is ideal for individuals who want to be in business for themselves, but not by themselves. Becoming a franchisee balances independence with support, and compliments the freedom of ownership with the security of proven success.
Why open a tutu school?
Owning your own Tutu School gives you the unique opportunity to pair a thoughtful mission with an exciting brand, all wrapped up in the sweetest of packages.
Tutu School is a collection of boutique-style ballet schools that cater
specifically to children 18 months to 8 years-old. Our mission is
simple: We believe that exposing children at the earliest possible age
to creativity, movement, and classical music will only serve them well
in whatever they choose to do with their lives, that dancing like swans
and Sugar Plum Fairies not only exercises little bodies but also
nurtures big imaginations, and that twirling should be a fundamental
part of any childhood.