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Updated RecentlyShred415 vs DiscoverStrength Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Shred415 vs DiscoverStrength 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 | $271,250 - $481,000 |
| Franchise Fee | $50,000 | $49,000 |
| Royalty Fee | 8% | 6% |
| Advertising Fee | - | 2% |
| Year Founded | 1986 | 2020 |
| Year Franchised | 2004 | 2020 |
| 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 | - |
| 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 |
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| 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 DiscoverStrength
!["Discover]("https://fddexchange.com/wp-content/uploads/2020/08/Discover-Strength-300x62.png")
Discover Strength Franchising LLC offers individual unit franchises
for the development and operation of a Discover Strength™ business
offering no-compromise strength training experiences to customers of all
ages through one-on-one and small group training sessions, and other
related services and products.
We will guide you as you select and build out your own Discover Strength
studio: Streamlined prototypes range from 1,600 to 2,200 square feet. A
concept that can work in a variety of shopping centers and other
lifestyle-centric locations. No locker rooms, treadmills, showers, or
pools. The Discover Strength model offers an incredible value
proposition by producing higher revenue per square foot than the vast
majority of retail, restaurant, and fitness business models.