Shred415 vs DiscoverStrength Franchise Comparison

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

Start-Up Costs and Fees

 
Shred415 Franchise
DiscoverStrength Franchise
Investment $440,280 - $959,200$271,250 - $481,000
Franchise Fee $50,000$49,000
Royalty Fee 8%6%
Advertising Fee -2%
Year Founded 19862020
Year Franchised 20042020
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee --


Business Experience Requirements

 
Shred415 Franchise
DiscoverStrength Franchise
Experience --

Financing Options

 
Shred415 Franchise
DiscoverStrength 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
DiscoverStrength 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
DiscoverStrength Franchise
US Expansion YesYes
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 DiscoverStrength

"Discover
Discover Strength Franchising LLC offers individual unit franchises for the development and operation of a Discover Strength™ business offering no-compromise strength training experiences to customers of all ages through one-on-one and small group training sessions, and other related services and products. 
We will guide you as you select and build out your own Discover Strength studio: Streamlined prototypes range from 1,600 to 2,200 square feet. A concept that can work in a variety of shopping centers and other lifestyle-centric locations. No locker rooms, treadmills, showers, or pools. The Discover Strength model offers an incredible value proposition by producing higher revenue per square foot than the vast majority of retail, restaurant, and fitness business models.