Shred415 vs Lite For Life Franchise Comparison

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

Start-Up Costs and Fees

 
Shred415 Franchise
Lite For Life Franchise
Investment $440,280 - $959,200$55,500 - $122,700
Franchise Fee $50,000$20,000
Royalty Fee 8%5%
Advertising Fee --
Year Founded 19861978
Year Franchised 20042003
Term Of Agreement 10 years10 years
Term Of Agreement 10 years10 years
Renewal Fee -$1K


Business Experience Requirements

 
Shred415 Franchise
Lite For Life Franchise
Experience --

Financing Options

 
Shred415 Franchise
Lite For Life Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees No/NoNo/No
Start-up Costs No/NoNo/No
Equipment No/NoNo/No
Inventory No/NoNo/No
Receivables No/NoNo/No
Payroll No/NoNo/No

Training & Support

 
Shred415 Franchise
Lite For Life Franchise
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 Newsletter, Meetings, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives
Marketing Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/appCo-op advertising, Ad slicks, Regional advertising
Operations Absentee Ownership Allowed 0% of all franchisees own more than one unit

Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators)


Expansion Plans

 
Shred415 Franchise
Lite For Life Franchise
US Expansion YesYes
Canada Expansion NoNo
International Expansion YesNo

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 Lite For Life

Lite for Life is a weight loss company that is different from all the others. The difference is right in our name: Lite for Life.

Our program has been designed for long lasting results. Because at the end of the day, the challenge is not just to lose weight, but to keep it off so you will feel better and enjoy your life more.

Our company began with one woman with a powerful sweet tooth and a weight problem to match. She tried every program and every product but nothing gave her the results she was seeking.

 

Lite for Life is a weight loss company that is different from all the others. The difference is right in our name: Lite for Life.

Our program has been designed for long lasting results. Because at the end of the day, the challenge is not just to lose weight, but to keep it off so you will feel better and enjoy your life more.

Our company began with one woman with a powerful sweet tooth and a weight problem to match. She tried every program and every product but nothing gave her the results she was seeking.

Her name is Maureen Sullivan, the founder of Lite for Life. Her frustration with the available methods of losing weight lead her to the work of a pioneering physician named Seale Harris. Dr. Harris performed studies on blood sugar and he concluded that the key to long-term weight loss was learning to eat in a way that stabilized blood sugar. Dr. Harris found that if blood sugar levels were kept in a stable range, that cravings disappeared and that it was actually easy to reach and maintain an optimal weight.

After studying the work of Dr. Harris, all the pieces came together and Maureen Sullivan knew what she had to do. She created a weight loss company based on the work of Seale Harris. That company is Lite for Life.

The company currently distributes its programs and products from 14 locations; we are expanding nationwide from our Northern California base. The Lite for Life program recognizes that nothing builds motivation for success better than personal support and counseling. Our centers are conveniently located so you can visit your counselor as much as you need to get the results you want.

At Lite for Life, we customize our program to meet your needs. There is nothing extreme or faddish about our diet. There are no expensive contractual agreements to buy packaged food. Instead we teach you to eat fresh, delicious, nutritious food, lose weight, keep it off, and feel healthier and more energetic..