| ||||
Updated RecentlyShred415 vs Pritikin Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Shred415 vs Pritikin including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
| Investment | $440,280 - $959,200 | $26,069 - $70,713 |
| Franchise Fee | $50,000 | N/A |
| Royalty Fee | 8% | 17.5% |
| Advertising Fee | - | - |
| Year Founded | 1986 | 2013 |
| Year Franchised | 2004 | 2013 |
| Term Of Agreement | 10 years | - |
| Term Of Agreement | 10 years | - |
| Renewal Fee | - | - |
Business Experience Requirements |
||
| Experience | - | - |
Financing Options |
||
| 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 |
||
| 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 |
||
| 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.
Veteran Incentives $1,500 off franchise fee
About Pritikin
!["pritikin]("https://fddexchange.com/wp-content/uploads/2021/02/pritikin-300x88.png")
Pritikin offers licenses under which health care providers such as hospitals and
cardiology practices can become certified to operate a portion of their
existing health care business as a “Pritikin-certified” provider.
“Pritikin-certified” programs offer and teach intensive cardiac
rehabilitation programs to their patients using Pritikin’s proprietary
“Pritikin” intensive cardiac rehabilitation program. These health care
providers will conduct the Pritikin-certified Program for patients at
their existing health care facilities.
The
Pritikin Program is proven to prevent, control, or reverse risk factors
for a multiplicity of diseases, ailments, and conditions including:-Heart Disease, Angina Pain, Hypertension, Type 2 Diabetes, Metabolic Syndrome, Insulin Resistance, Excess Weight/Obesity, Prostate Cancer, Breast Cancer,
Colon Cancer, High Cholesterol, High Triglycerides, Peripheral Artery Disease, Benign Prostatic Hyperplasia and Chronic Inflammation.