Iron Tribe Fitness vs Shred415 Franchise Comparison

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

Start-Up Costs and Fees
  Iron Tribe Fitness Shred415
Investment 300000 - 433500 440280 - 959200
Franchise Fee 0
Royalty Fee 6% 8%
Advertising Fee 1%
Year Founded 2010 1986
Year Franchised 2012 2004
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements
  Iron Tribe Fitness Shred415
Experience

Financing Options
  Iron Tribe Fitness Shred415
 
Franchise Fees No
Start-up Costs No
Equipment No
Inventory No
Receivables No
Payroll No

Training & Support
  Iron Tribe Fitness Shred415
Training On-The-Job Training: 20 hours Additional Training: Online pre-training course On-The-Job Training: 48 hours Classroom Training: 32 hours
Support Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform 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 Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app
Operations Absentee Ownership Allowed Number of Employees Required to Run: 5 Absentee Ownership Allowed

Expansion Plans
  Iron Tribe Fitness 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 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
International Expansion

Start-Up Costs and Fees Mobile
Investment
Iron Tribe Fitness
Shred415
Franchise Fee
Iron Tribe Fitness
Shred415
Royalty Fee
Iron Tribe Fitness 6%
Shred415 8%
Advertising Fee
Iron Tribe Fitness 1%
Shred415
Year Founded
Iron Tribe Fitness 2010
Shred415 1986
Year Franchised
Iron Tribe Fitness 2012
Shred415 2004
Term Of Agreement
Iron Tribe Fitness
Shred415 10 years
Renewal Fee
Iron Tribe Fitness
Shred415


Business Experience Requirements
Experience
Iron Tribe Fitness
Shred415

Financing Options
 
Franchise Fees
Iron Tribe Fitness
Shred415
Start-up Costs
Iron Tribe Fitness
Shred415
Equipment
Iron Tribe Fitness}
Shred415
Inventory
Iron Tribe Fitness
Shred415
Receivables
Iron Tribe Fitness
Shred415
Payroll
Iron Tribe Fitness
Shred415

Training & Support
Training
Iron Tribe Fitness On-The-Job Training: 20 hours Additional Training: Online pre-training course
Shred415 On-The-Job Training: 48 hours Classroom Training: 32 hours
Support
Iron Tribe Fitness Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform
Shred415 Meetings/Conventions Grand Opening Online Support Field Operations Site Selection Proprietary Software Franchisee Intranet Platform
Marketing
Iron Tribe Fitness Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app
Shred415 Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app
Operations
Iron Tribe Fitness Absentee Ownership Allowed Number of Employees Required to Run: 5
Shred415 Absentee Ownership Allowed

Expansion Plans
US Expansion
Iron Tribe Fitness 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
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
Iron Tribe Fitness
Shred415
International Expansion
Iron Tribe Fitness
Shred415