Shred415 vs *YogaSix Franchise Comparison

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

Start-Up Costs and Fees
 
Shred415 Franchise
*YogaSix Franchise
Investment $440,280 - $959,200$279,997 - $571,681
Franchise Fee $50,000$60,000
Royalty Fee 8%7%
Advertising Fee -2%
Year Founded 19862012
Year Franchised 20042018
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee --


Business Experience Requirements
 
Shred415 Franchise
*YogaSix Franchise
Experience --

Financing Options
 
Shred415 Franchise
*YogaSix 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
*YogaSix 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
*YogaSix 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 *YogaSix

"Yoga

Yoga Six Franchise, LLC offers for sale a franchise to establish and operate a fitness studio that offers and provides indoor yoga classes/instruction and other related exercise classes under the franchisor’s then-current proprietary marks, which currently includes our principal mark Yoga Six

The total investment necessary to begin operations of a Studio franchise ranges from $279,997 to $496,681. This amount includes $121,558 and $130,258 must be paid to the franchisor or its affiliate prior to opening.
The total investment necessary to develop multiple Studios under the franchisor’s form of area development agreement depends on the number of franchises the franchisor grants you the right to open, which in all cases will be three or more under this Disclosure Document. The total investment necessary to enter into an area development agreement for the right to develop three Studios is $354,997 and $571,681 which includes
a development fee of $135,000 that is paid to the franchisor or their affiliates prior to opening, and the total estimated initial investment to begin operation of your initial Studio.


.