Start-Up Costs and Fees |
||
| Cuts Fitness For Men | Shred415 | |
| Investment | 33600 - 77900 | 440280 - 959200 |
| Franchise Fee | 0 | |
| Royalty Fee | $400/mo. | 8% |
| Advertising Fee | ||
| Year Founded | 2003 | 1986 |
| Year Franchised | 2003 | 2004 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Cuts Fitness For Men | Shred415 | |
| Experience | Industry experience General business experience Marketing skills | |
Financing Options |
||
| Cuts Fitness For Men | Shred415 | |
| Franchise Fees | No | No |
| Start-up Costs | No | No |
| Equipment | No | No |
| Inventory | No | No |
| Receivables | No | No |
| Payroll | No | No |
Training & Support |
||
| Cuts Fitness For Men | Shred415 | |
| Training | On-The-Job Training: 48 hours Classroom Training: 32 hours | |
| Support | Newsletter, Meetings, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives | Meetings/Conventions Grand Opening Online Support Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Marketing | Co-op advertising, Regional advertising | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Operations | 20% of all franchisees own more than one unit Number of employees needed to run franchised unit: 1 - 2 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | Absentee Ownership Allowed |
Expansion Plans |
||
| Cuts Fitness For Men | Shred415 | |
| US Expansion | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming | |
| Canada Expansion | 0 | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Cuts Fitness For Men | |
| Shred415 | |
| Franchise Fee | |
| Cuts Fitness For Men | |
| Shred415 | |
| Royalty Fee | |
| Cuts Fitness For Men | $400/mo. |
| Shred415 | 8% |
| Advertising Fee | |
| Cuts Fitness For Men | |
| Shred415 | |
| Year Founded | |
| Cuts Fitness For Men | 2003 |
| Shred415 | 1986 |
| Year Franchised | |
| Cuts Fitness For Men | 2003 |
| Shred415 | 2004 |
| Term Of Agreement | |
| Cuts Fitness For Men | 10 years |
| Shred415 | 10 years |
| Renewal Fee | |
| Cuts Fitness For Men | |
| Shred415 | |
Business Experience Requirements |
|
| Experience | |
| Cuts Fitness For Men | Industry experience General business experience Marketing skills |
| Shred415 | |
Financing Options |
|
| Franchise Fees | |
| Cuts Fitness For Men | No |
| Shred415 | No |
| Start-up Costs | |
| Cuts Fitness For Men | |
| Shred415 | |
| Equipment | |
| Cuts Fitness For Men} | |
| Shred415 | |
| Inventory | |
| Cuts Fitness For Men | |
| Shred415 | |
| Receivables | |
| Cuts Fitness For Men | |
| Shred415 | |
| Payroll | |
| Cuts Fitness For Men | |
| Shred415 | |
Training & Support |
|
| Training | |
| Cuts Fitness For Men | |
| Shred415 | On-The-Job Training: 48 hours Classroom Training: 32 hours |
| Support | |
| Cuts Fitness For Men | Newsletter, Meetings, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives |
| Shred415 | Meetings/Conventions Grand Opening Online Support Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Marketing | |
| Cuts Fitness For Men | Co-op advertising, Regional advertising |
| Shred415 | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Operations | |
| Cuts Fitness For Men | 20% of all franchisees own more than one unit Number of employees needed to run franchised unit: 1 - 2 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
| Shred415 | Absentee Ownership Allowed |
Expansion Plans |
|
| US Expansion | |
| Cuts Fitness For Men | |
| Shred415 | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming |
| Canada Expansion | |
| Cuts Fitness For Men | 0 |
| Shred415 | |
| International Expansion | |
| Cuts Fitness For Men | |
| Shred415 | |