Shred415 vs StrengthTime Franchise Comparison

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

Start-Up Costs and Fees
 
Shred415 Franchise
StrengthTime Franchise
Investment $440,280 - $959,200$100,000 - $160,000
Franchise Fee $50,000N/A
Royalty Fee 8%-
Advertising Fee --
Year Founded 1986-
Year Franchised 2004-
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee --


Business Experience Requirements
 
Shred415 Franchise
StrengthTime Franchise
Experience --

Financing Options
 
Shred415 Franchise
StrengthTime Franchise
  In-House/3rd PartyIn-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
StrengthTime 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
StrengthTime 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 StrengthTime

The beauty of the StrengthTime system is its simplicity. The notion of "efficient & effective" translates to our business operations. First, StrengthTime requires a small footprint-1,500 and 2,000 sq. ft.-with locations enjoying success in secondary retail locations.

There are no locker rooms, showers or other environmental concerns. A single restroom, changing room, and small reception/office area are all you need to augment your workout studio. Additionally, because our program is so focused on providing an effective and efficient workout, there are no distractions like loud music or mirrors This helps clients focus on their workout.