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Updated RecentlyShred415 Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Shred415 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 | |
| Franchise Fee | $50,000 | |
| 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 |
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| Experience | - | |
Financing Options |
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| 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 | |
| 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.