Shred415 vs Healthy Inspirations Franchise Comparison

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

Start-Up Costs and Fees
 
Shred415 Franchise
Healthy Inspirations Franchise
Investment $440,280 - $959,200$75,000 - $375,000
Franchise Fee $50,000$15,000
Royalty Fee 8%$395/mo.
Advertising Fee --
Year Founded 19862000
Year Franchised 20042004
Term Of Agreement 10 years10 years
Term Of Agreement 10 years10 years
Renewal Fee -$2.5K or 20% of franchise fee


Business Experience Requirements
 
Shred415 Franchise
Healthy Inspirations Franchise
Experience -
  • General business experience
    		•

    Financing Options
     
    Shred415 Franchise
    Healthy Inspirations 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
    Healthy Inspirations 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 Meetings, Toll-free phone line, Internet, Field operations/evaluations
    Marketing Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/appAd slicks
    Operations Absentee Ownership Allowed International franchisees required to buy multiple units/master licenses; 5% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 4 - 4

    Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)

    Expansion Plans
     
    Shred415 Franchise
    Healthy Inspirations Franchise
    US Expansion YesYes
    Canada Expansion NoNo
    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 Healthy Inspirations

    NO LONGER FRANCHISING