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Below is an in-depth analysis and side-by-side comparison of Shred415 vs Healthy Times Newspaper including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $440,280 - $959,200 | $18,500 - $29,100 |
Franchise Fee | $50,000 | $15,000 |
Royalty Fee | 8% | $500/ month |
Advertising Fee | - | - |
Year Founded | 1986 | 2004 |
Year Franchised | 2004 | 2007 |
Term Of Agreement | 10 years | 10 years |
Term Of Agreement | 10 years | 10 years |
Renewal Fee | - | $2000 |
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/No | -/- |
Start-up Costs | No/No | -/- |
Equipment | No/No | -/- |
Inventory | No/No | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
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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 | Best Training and Support in the Industry, Be in Business for Yourself, Not by Yourself. You will have access to ongoing marketing and retail items available to operate your business. We want you to be successful, so we don't just get you started - you get continued support every step of the way! |
Marketing | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app | - |
Operations | Absentee Ownership Allowed | Number of employees needed to run franchised unit: 0
Absentee ownership of franchise is allowed. |
Expansion Plans |
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US Expansion | Yes | - |
Canada Expansion | No | - |
International Expansion | Yes | - |
Founded in 2004 by Mike and Hope Bundrant, Healthy Times is a printed educational journal serving local communities in California, Florida and Hong Kong. Healthy Times also promotes health professionals online throughout the world.