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

 
Shred415 Franchise
Smart for Life Franchise
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

 
Shred415 Franchise
Smart for Life Franchise
Experience - -

Financing Options

 
Shred415 Franchise
Smart for Life Franchise
  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

 
Shred415 Franchise
Smart 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 -
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

 
Shred415 Franchise
Smart for Life Franchise
US Expansion Yes -
Canada Expansion No -
International Expansion Yes -

Start-Up Costs and Fees Mobile

Investment
Shred415 Franchise
$440,280 - $959,200
Smart for Life Franchise
N/A
Franchise Fee
Shred415 Franchise
$50,000
Smart for Life Franchise
N/A
Royalty Fee
Shred415 Franchise
8%
Smart for Life Franchise
-
Advertising Fee
Shred415 Franchise
-
Smart for Life Franchise
-
Year Founded
Shred415 Franchise
1986
Smart for Life Franchise
2002
Year Franchised
Shred415 Franchise
2004
Smart for Life Franchise
2004
Term Of Agreement
Shred415 Franchise
10 years
Smart for Life Franchise
-
Renewal Fee
Shred415 Franchise
-
Smart for Life Franchise
-


Business Experience Requirements

Experience
Shred415 Franchise
-
Smart for Life Franchise
-

Financing Options

  In-House/3rd Party
Franchise Fees
Shred415 Franchise
No/No
Smart for Life Franchise
-/-
Start-up Costs
Shred415 Franchise
No/No
Smart for Life Franchise
-/-
Equipment
Shred415 Franchise
No/No
Smart for Life Franchise
-/-
Inventory
Shred415 Franchise
No/No
Smart for Life Franchise
-/-
Receivables
Shred415 Franchise
No/No
Smart for Life Franchise
-/-
Payroll
Shred415 Franchise
No/No
Smart for Life Franchise
-/-

Training & Support

Training
Shred415 Franchise
On-The-Job Training: 48 hours Classroom Training: 32 hours
Smart for Life Franchise
-
Support
Shred415 Franchise
Meetings/Conventions Grand Opening Online Support Field Operations Site Selection Proprietary Software Franchisee Intranet Platform
Smart for Life Franchise
-
Marketing
Shred415 Franchise
Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app
Smart for Life Franchise
-
Operations
Shred415 Franchise
Absentee Ownership Allowed
Smart for Life Franchise
-

Expansion Plans

US Expansion
Shred415 Franchise
Yes
Smart for Life Franchise
-
Canada Expansion
Shred415 Franchise
No
Smart for Life Franchise
-
International Expansion
Shred415 Franchise
Yes
Smart for Life Franchise
-

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.