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Shred415 vs Smart for Life Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Shred415 vs Smart for Life including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
| Investment | $440,280 - $959,200 | N/A |
| Franchise Fee | $50,000 | N/A |
| Royalty Fee | 8% | - |
| Advertising Fee | - | - |
| Year Founded | 1986 | 2002 |
| Year Franchised | 2004 | 2004 |
| Term Of Agreement | 10 years | - |
| Term Of Agreement | 10 years | - |
| Renewal Fee | - | - |
Business Experience Requirements |
||
| Experience | - | - |
Financing Options |
||
| 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 |
||
| 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 | - |
| Canada Expansion | No | - |
| International Expansion | Yes | - |
Start-Up Costs and Fees Mobile |
||
| Investment | ||
| $440,280 - $959,200 | ||
| N/A | ||
| Franchise Fee | ||
| $50,000 | ||
| N/A | ||
| Royalty Fee | ||
| 8% | ||
| - | ||
| Advertising Fee | ||
| - | ||
| - | ||
| Year Founded | ||
| 1986 | ||
| 2002 | ||
| Year Franchised | ||
| 2004 | ||
| 2004 | ||
| Term Of Agreement | ||
| 10 years | ||
| - | ||
| Renewal Fee | ||
| - | ||
| - | ||
Business Experience Requirements |
||
| Experience | ||
| - | ||
| - | ||
Financing Options |
||
| 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 |
||
| 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 |
||
| US Expansion | ||
| 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. 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.
Veteran Incentives $1,500 off franchise fee
About Smart for Life
The premier physician supervised weight management program offering natural and organic cookie squares along with shakes and soups as meal replacements plus other innovative weight management approaches.