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Updated RecentlyShred415 vs Journey 333 Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Shred415 vs Journey 333 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 | $83,500 - $245,000 |
| Franchise Fee | $50,000 | $30,000 |
| 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 |
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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 Journey 333
!["Journey]("https://fddexchange.com/wp-content/uploads/2020/03/Journey-333.png")
Operate a Journey 333® Fitness training facility with a focus on group personal coaching using the Journey 333 business system.
The total investment necessary to begin operation of Journey 333 Fitness
franchise is $83,500 to $245,000. This includes $30,000 that must be
paid to the franchisor or an affiliate.
The franchisor offers qualified individuals the right to own and operate multiple facilities in a designated development area by entering into an Area Development Agreement (ADA). The total initial investment necessary to begin operating under the ADA will vary depending on the number of Facilities to be opened in your designated development area. The development fee due under the ADA is equal to $30,000 multiplied by the number of Facilities you commit to opening under the ADA.
The franchisor offers qualified individuals the right to own and operate multiple facilities in a designated development area by entering into an Area Development Agreement (ADA). The total initial investment necessary to begin operating under the ADA will vary depending on the number of Facilities to be opened in your designated development area. The development fee due under the ADA is equal to $30,000 multiplied by the number of Facilities you commit to opening under the ADA.