Shred415 vs Team Spirit Fitness Centers Franchise Comparison

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

Start-Up Costs and Fees
 
Shred415 Franchise
Team Spirit Fitness Centers Franchise
Investment $440,280 - $959,200$69,000
Franchise Fee $50,000$30,000
Royalty Fee 8%6%
Advertising Fee --
Year Founded 19862002
Year Franchised 20042004
Term Of Agreement 10 years5 years
Term Of Agreement 10 years5 years
Renewal Fee --


Business Experience Requirements
 
Shred415 Franchise
Team Spirit Fitness Centers Franchise
Experience --

Financing Options
 
Shred415 Franchise
Team Spirit Fitness Centers Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees No/NoNo/Yes
Start-up Costs No/NoNo/Yes
Equipment No/NoNo/Yes
Inventory No/NoNo/Yes
Receivables No/NoNo/No
Payroll No/NoNo/Yes

Training & Support
 
Shred415 Franchise
Team Spirit Fitness Centers Franchise
Training On-The-Job Training: 48 hours Classroom Training: 32 hours * Available at headquarters: 2 weeks

* At franchisee's location: 5 days
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* Number of employees needed to run franchised unit: 3 - 3

* Absentee ownership of franchise is NOT allowed.

Expansion Plans
 
Shred415 Franchise
Team Spirit Fitness Centers Franchise
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.
Veteran Incentives  $1,500 off franchise fee
 

About Team Spirit Fitness Centers

Exercise & nutrition center formerly known as Intrivah Health & Wellness.

We offer you an exciting career opportunity: owning your own business in the fast growing fitness and nutrition industries using a TEAM approach; providing your clients with healthy exercise and dietary regimens, and enjoying the benefits of a creative company with excellent experience, cutting-edge methodologies, and unmatched business and support systems. We want to award franchises to a select group of qualified individuals. You might be among them. Basically, we are looking for outgoing, energetic individuals who have strong people skills and a passion for a healthy lifestyle that focuses on fitness and nutrition. Our comprehensive training program will equip you with the know-how to administer our programs safely and effectively. In addition to the above, you should be sales, client service, and long-term relationship oriented; display maturity, sound judgment and stability, and have high standards of excellence, honesty, and integrity.