Shred415 vs AKT Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Shred415 vs AKT including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$440,280 - $959,200 | $341,200 - $529,900 |
Franchise Fee |
$50,000 | $60,000 |
Royalty Fee |
8% | - |
Advertising Fee |
- | - |
Year Founded |
1986 | 2018 |
Year Franchised |
2004 | 2018 |
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 | Yes |
Canada Expansion |
No | Yes |
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 AKT
AKT is a dance-based cardio concept, offering a unique combination of four
modalities: toning, interval, circuit and dance. With new original
programming created every 3 weeks and the belief that movement has a
powerful, lasting impact, AKT is for all body types and fitness levels.
With this positivity and a combination of personal training and
movement-based technique, AKT empowers members across the country to
become stronger in their bodies, minds and communities - and they have
fun doing it!
With a proven concept in one of the most competitive markets, AKT has
extensive market potential - be the first to bring AKT's unique workout
to your local market!
AKT has the brand strength and proven franchise model to deliver excellent
profit potential. International & U.S. markets are available for
multi-unit and single-unit investors. Don’t miss the opportunity to own
your local market!