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Updated RecentlyShred415 vs Basecamp Fitness Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Shred415 vs Basecamp 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 | $500,760 - $734,848 |
| Franchise Fee | $50,000 | $50,000 |
| Royalty Fee | 8% | 8% |
| Advertising Fee | - | 2% |
| Year Founded | 1986 | 2018 |
| Year Franchised | 2004 | 2020 |
| 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 | - |
| 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 | Yes |
| Canada Expansion | No | - |
| International Expansion | Yes | 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 Basecamp Fitness
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Basecamp Fitness is a new studio fitness concept that will push you to
your limits and shakes up your workout routine. We use a varying,
fitness program that gives you a complete, full-body workout combining
efficient cardio AND strength training AND core movements - every class -
we take the guesswork out of your workout. Our high-energy, upbeat
environment and motivating instructors keep you moving and coming back
for more. Basecamp is the only studio that uses an Assault bike and
provides weights, as heavy as you choose, to ensure you get the best
work out every time. Making You. Stronger. Faster.
Basecamp Fitness is expanding its franchising opportunities both
domestically and globally. The new fitness concept is owned by Self
Esteem Brands' parent franchisor to Anytime Fitness, the largest fitness
franchise. The workout is one of the fastest and most efficient programs
on the market and solves the needs of our customers’ busy lifestyle.