Shred415 vs Physique 57 Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Shred415 vs Physique 57 including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Shred415 Franchise
Physique 57 Franchise
Investment $440,280 - $959,200$284,537 - $615,551
Franchise Fee $50,000$50,000
Royalty Fee 8%7%
Advertising Fee --
Year Founded 19862005
Year Franchised 20042019
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee --


Business Experience Requirements
 
Shred415 Franchise
Physique 57 Franchise
Experience --

Financing Options
 
Shred415 Franchise
Physique 57 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
Physique 57 Franchise
Training On-The-Job Training: 48 hours Classroom Training: 32 hours On-The-Job Training: 40-185 hours Classroom Training: 45-100 hours
Support Meetings/Conventions Grand Opening Online Support Field Operations Site Selection Proprietary Software Franchisee Intranet Platform Grand Opening Security/Safety Procedures Field Operations Site Selection
Marketing Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app Ad Templates Social media SEO Website development Email marketing
Operations Absentee Ownership Allowed-

Expansion Plans
 
Shred415 Franchise
Physique 57 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 Physique 57

"Physique
 With studios across the globe in the United States, Dubai, Bangkok, Manila, and Mumbai, Physique 57 inspires clients of all ages to transform their bodies and strive for optimal well-being by providing a dynamic, challenging and empowering fitness experience.

 Currently, the following states regulate the offer and sale of franchises: California, Hawaii, Illinois, Indiana, Maryland, Michigan, Minnesota, New York, North Dakota, Oregon, Rhode Island, South Dakota, Virginia, Washington and Wisconsin. Physique57 may not be registered in all of the registration states and may not offer franchises to residents of those states or to persons wishing to locate a franchise in those states. If you are a resident of or want to operate a franchise in one of these states, we will not offer you a franchise unless and until we have complied with applicable pre-sale registration and disclosure requirements in your state. 

Coming in 2021
Physique 57 delivers results in only 8 workouts as a result of our scientifically based proprietary method. Efficient and effective for busy women who want rapid, visible transformations that can be maintained long term.