Shred415 vs BodyTek Franchise Comparison

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

Start-Up Costs and Fees
 
Shred415 Franchise
BodyTek Franchise
Investment $440,280 - $959,200$249,600 - $384,500
Franchise Fee $50,000$19,900
Royalty Fee 8%6%
Advertising Fee -1%
Year Founded 1986-
Year Franchised 2004-
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee --


Business Experience Requirements
 
Shred415 Franchise
BodyTek Franchise
Experience --

Financing Options
 
Shred415 Franchise
BodyTek Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees No/NoYes/-
Start-up Costs No/No-/Yes
Equipment No/NoYes/Yes
Inventory No/NoYes/-
Receivables No/No-/-
Payroll No/NoYes/-

Training & Support
 
Shred415 Franchise
BodyTek Franchise
Training On-The-Job Training: 48 hours Classroom Training: 32 hours On-The-Job Training: 4 hours Classroom Training: 43 hours
Support Meetings/Conventions Grand Opening Online Support Field Operations Site Selection Proprietary Software Franchisee Intranet Platform Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection
Marketing Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/appCo-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app
Operations Absentee Ownership AllowedAbsentee Ownership Allowed

Number of Employees Required to Run: 8 - 12

Expansion Plans
 
Shred415 Franchise
BodyTek Franchise
US Expansion YesYes
Canada Expansion No-
International Expansion YesYes

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 BodyTek

Join the Bodytek movement, a challenging, yet exciting, HIIT group fitness workout program.

The workout that is designed to help maximize your potential and live what we call the BODYTEKLIFE.  A high-intensity lifestyle where you choose to maximize your results & live everyday with MOTIVATION, EXCITEMENT, and ENERGY.

Experience that was designed with you in mind - our total body workout program. No two classes are ever the same, focusing on Your Mind, Your Time, & Your Body. Structured on group fitness, our one-hour classes welcome clients of all fitness levels to participate from beginner to advanced, clients pushing themselves to be challenged and reach their personal best. Designed to significantly improve your fitness level through High Intensity Interval Training or (HIIT). Our highly skilled coaches provide personalized guided assistance to ensure you maximum your one hour and achieve proven results.