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Updated RecentlyBeverly Hills Weight Loss and Wellness vs Shred415 Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Beverly Hills Weight Loss and Wellness vs Shred415 including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $64,000 - $96,000 | $440,280 - $959,200 |
| Franchise Fee | $25,000 | $50,000 |
| Royalty Fee | 6% | 8% |
| Advertising Fee | - | - |
| Year Founded | 1988 | 1986 |
| Year Franchised | 1989 | 2004 |
| Term Of Agreement | 5 years | 10 years |
| Term Of Agreement | 5 years | 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/Yes | No/No |
| Start-up Costs | No/Yes | No/No |
| Equipment | No/Yes | No/No |
| Inventory | Yes/No | No/No |
| Receivables | No/Yes | No/No |
| Payroll | No/Yes | No/No |
Training & Support |
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| Training | Ongoing training | On-The-Job Training: 48 hours Classroom Training: 32 hours |
| Support | Newsletter, Toll-free phone line, Grand opening, Internet, Field operations/evaluations | Meetings/Conventions Grand Opening Online Support Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Marketing | Co-op advertising, Ad slicks | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Operations |
14% of all franchisees own more than one unit Number of employees needed to run franchised unit: 3 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | Absentee Ownership Allowed |
Expansion Plans |
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| US Expansion | - | Yes |
| Canada Expansion | No | No |
| International Expansion | Yes | Yes |
Company Overviews
About Beverly Hills Weight Loss and Wellness
LA Weight Loss was once a store-front weight-loss plan, but is now available only online after the company went out of business in 2008
Founded in 1988, Heathrow, Florida Beverly Hills Weight Loss and Wellness provides clients with personalized weight loss programs. The company's programs include medical analysis, nutritional supplements, therapy and education.
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.