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Updated RecentlyShred415 vs Metro 24/7 Fitness Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Shred415 vs Metro 24/7 Fitness 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 | $200,000 - $410,000 |
| Franchise Fee | $50,000 | N/A |
| Royalty Fee | 8% | - |
| Advertising Fee | - | - |
| Year Founded | 1986 | 2004 |
| Year Franchised | 2004 | 2009 |
| Term Of Agreement | 10 years | - |
| Term Of Agreement | 10 years | - |
| Renewal Fee | - | - |
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 | Yes |
| Support | Meetings/Conventions Grand Opening Online Support Field Operations Site Selection Proprietary Software Franchisee Intranet Platform | Yes |
| 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 | - |
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 Metro 24/7 Fitness
Status Permanently Closed Be Part of an Innovative Nationa/ / International Fitness Business Be part of the Future Be Part of The New Generation of National/International Fitness Center Chains Be an Franchisee Be an Investor Join "Team Metro" For More Information, Contact us at: [email protected] or [email protected]