Shred415 vs Fit36 Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Shred415 vs Fit36 including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Shred415 Franchise
Fit36 Franchise
Investment $440,280 - $959,200$161,900 - $278,950
Franchise Fee $50,000$34,900
Royalty Fee 8%6%
Advertising Fee -2%
Year Founded 19862013
Year Franchised 20042014
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee --


Business Experience Requirements
 
Shred415 Franchise
Fit36 Franchise
Experience --

Financing Options
 
Shred415 Franchise
Fit36 Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees No/No-/Yes
Start-up Costs No/No-/Yes
Equipment No/No-/Yes
Inventory No/No-/Yes
Receivables No/No-/Yes
Payroll No/No-/Yes

Training & Support
 
Shred415 Franchise
Fit36 Franchise
Training On-The-Job Training: 48 hours Classroom Training: 32 hours On-The-Job Training: 19 hours Classroom Training: 48 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 Franchisee Intranet Platform
Marketing Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/appAd Templates Regional Advertising Social media SEO Website development Email marketing Loyalty program/app
Operations Absentee Ownership Allowed-

Expansion Plans
 
Shred415 Franchise
Fit36 Franchise
US Expansion YesYes
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 Fit36

Become part of a vibrant and fast-growing segment of the fitness industry flanked by training and systems which will support your growth and help you stand out in the market.
Fit36® is a membership-based gym in the business of changing lives and is a perfect opportunity for people like you to become a multi-unit franchise owner. The simple Fit36 business model allows franchise owners to hand over the daily operations to an experienced manager.
Between 2005 and 2012, gym memberships grew 22%, to 9 million memberships. In a single year between 2012 and 2013, gym memberships exploded by +16.5% and total memberships increased by 8.5 million. This trend continues upward today, and shows no signs of slowing down.

Veteran Incentives  $5,000 off first-unit franchise fee