Shred415 vs UFC Gym Franchise Comparison

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

Start-Up Costs and Fees
 
Shred415 Franchise
UFC Gym Franchise
Investment $440,280 - $959,200$199,000 - $4,213,000
Franchise Fee $50,000$30,000 - $50,000
Royalty Fee 8%4%-6%
Advertising Fee -2%
Year Founded 19861992
Year Franchised 20042004
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee --


Business Experience Requirements
 
Shred415 Franchise
UFC Gym Franchise
Experience --

Financing Options
 
Shred415 Franchise
UFC Gym Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees No/No-/-
Start-up Costs No/No-/-
Equipment No/No-/Yes
Inventory No/No-/-
Receivables No/No-/Yes
Payroll No/No-/Yes

Training & Support
 
Shred415 Franchise
UFC Gym Franchise
Training On-The-Job Training: 48 hours Classroom Training: 32 hours On-The-Job Training: 24 hours Classroom Training: 40 hours Additional Training: Available
Support Meetings/Conventions Grand Opening Online Support Field Operations Site Selection Proprietary Software Franchisee Intranet Platform Newsletter Meetings/Conventions Toll-Free Line 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/appAd Templates National Media Social media SEO Website development Email marketing Loyalty program/app
Operations Absentee Ownership AllowedAbsentee Ownership Allowed

Number of Employees Required to Run: 3 - 5

Expansion Plans
 
Shred415 Franchise
UFC Gym Franchise
US Expansion YesYes
Canada Expansion No-
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 UFC Gym

For the first time ever, qualified candidates can own a UFC GYM franchise. This is a ground-breaking opportunity to partner with the Ultimate Fighting Championship. Simply put, owning a UFC GYM is a chance to join the fastest growing, most successful fitness franchise and partner with the UFC. UFC GYM franchisees are backed by a solid management foundation, instant brand recognition and a successful boxing, kickboxing and MMA fitness franchise. UFC GYM is built on a partnership between the UFC, NeV and UG Franchise Operations (formerly LA Boxing Franchise Co.). This creates a solid three-pillar franchise with unlimited ability for global growth. UFC GYMs are currently open in the U.S. and Australia, with more than 170 locations open or sold in 25 states. Most facilities feature a functional training area, Octagon or 1/2 Octagon, a bag area with 30 heavy bags, cutting-edge cardio and strength equipment, private training and retail - all areas of potential income for a UFC GYM franchisee. We have multiple levels of opportunity for investment in UFC GYM with facilities ranging from 6,000-10,000 sq. ft.

Most markets require a two to three unit commitment.
The total initial investment for a Class model UFC GYM ranges from $199,500 to $393,500, which includes fees that must be paid to the franchisor for the initial franchise fee, the equipment for the GYM, a retail package and music licensing. Such fees paid to the franchisor will range between $154,500 and $198,500, depending on the size of your Class UFC GYM and amenities selected.
The total initial investment for a Core model UFC GYM ranges from $368,500 to $1,062,500, which includes fees that must be paid to the franchisor for the initial franchise fee, the equipment for the GYM, a retail package and music licensing. Such fees paid to the franchisor will range between $202,500 and $326,000 depending on the size of your Core UFC GYM and amenities selected.
The total initial investment for a Signature model UFC GYM ranges from $1,080,000 to $4,213,000, which includes fees that must be paid to the franchisor for the initial franchise fee, the equipment for the GYM, a retail package and music licensing. Such fees paid to the franchisor will range between $646,000 and $1,466,000, depending on the size of your Signature UFC GYM and amenities selected. Franchisees who also obtain development rights must pay the franchisor the corresponding Initial Franchise Fee for each additional UFC GYM business to be opened.
Veteran Incentives  10% off franchise fee

"Entrepreneur
#499 in Franchise 500 for 2020.