Shred415 vs CityRow Fitness Franchise Comparison

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

Start-Up Costs and Fees

 
Shred415 Franchise
CityRow Fitness Franchise
Investment $440,280 - $959,200$253,843 - $609,574
Franchise Fee $50,000N/A
Royalty Fee 8%-
Advertising Fee --
Year Founded 19862018
Year Franchised 20042018
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee --


Business Experience Requirements

 
Shred415 Franchise
CityRow Fitness Franchise
Experience --

Financing Options

 
Shred415 Franchise
CityRow Fitness 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
CityRow Fitness 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
CityRow Fitness Franchise
US Expansion YesYes
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 CityRow Fitness

"CityRow

Trendy workouts are everywhere - but only the best alter the fitness landscape for good.

Row,row,row your franchise'

Today’s consumer is seeking tailored services that cater to their individual needs, not to the masses. Boutique fitness is replacing crowded, intimidating gyms. It’s changing the way people get fit with effective, hard-hitting workouts that are also a whole lot of fun. The CityRow concept was tested and perfected in New York’s fiercely competitive market. Every aspect, from studio design to instructor training to member retention, has been refined so that you can hit the ground running. Backed by Franworth - the premier franchise development company - CityRow’s proven business model is poised to win markets from coast to coast. Be first in your region with this killer concept and become the breakout brand.

We are looking for franchisees who want to take control of their financial and professional future. Our best franchisees are not afraid to roll up their sleeves and get connected to their community. This is a people business first and foremost, so our focus is on the guest experience! Our goal is to make the process of opening a CityRow Studio as easy for you as possible. We will take you through our Discovery Process to ensure that all of your questions are answered and that there is a good mutual fit. You can count on us here at CityRow - we want to see our franchisees succeed.

The total investment necessary to begin operation of one CityRow Fitness Facility is $253,843 to $460,074. This includes $83,927 to $90,985 that must be paid to the franchisor.
The total investment necessary to begin operation as a developer under an Area Development Agreement is $303,843 to 510,074 (3 - CityRow Fitness Facilities) and $403,343 to $609,574 (5 - CityRow Fitness Facilities). The area development fee applicable to each CityRow Fitness Facility will be credited toward the initial franchise fee due under the Franchise Agreement for each CityRow Fitness Facility. To qualify for an Area Development Agreement, you must agree to develop two or more Fitness Facilities.