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Updated RecentlyShred415 vs Tiger-Rock Martial Arts Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Shred415 vs Tiger-Rock Martial Arts 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 | $133,600 - $270,700 |
| Franchise Fee | $50,000 | $25,000 |
| Royalty Fee | 8% | $3.50/student/mo. |
| Advertising Fee | - | - |
| Year Founded | 1986 | 1983 |
| Year Franchised | 2004 | 2008 |
| 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 | - |
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 Tiger-Rock Martial Arts
!["Tiger-Rock]("https://fddexchange.com/wp-content/uploads/2019/02/Tiger-Rock-Martial-Arts-300x109.png")
In 1983, a group of martial-arts-school owners came together and formed
the International Taekwondo Alliance to provide curriculum and
operational support to others interested in opening schools in their own
communities.
The International Taekwondo Alliance was converted into a franchise
program in 2008, under the new name Tiger-Rock Martial Arts. Franchises
offer martial arts and fitness programs for children and adults.
The total investment necessary to begin operation of a Franchised
Location is from $133,600 to $270,700. This includes $8,000 to $27,500
that must be paid to the franchisor or their affiliates.
The total
investment necessary to enter into a Development Agreement is $23,500 to
$48,000, for the right to develop 3 to 6 Franchised Locations. This
includes $7,500 for each Franchised Location you agree to establish
under the Development Agreement. For example, $22,500 to $45,000 must be
paid to the franchisor or affiliate for the right to develop 3 to 6
Franchised Locations.