Start-Up Costs and Fees |
||
| Precision Fitness | Shred415 | |
| Investment | 87550 - 107000 | 440280 - 959200 |
| Franchise Fee | 0 | |
| Royalty Fee | 8% | |
| Advertising Fee | ||
| Year Founded | 0 | 1986 |
| Year Franchised | 0 | 2004 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Precision Fitness | Shred415 | |
| Experience | ||
Financing Options |
||
| Precision Fitness | Shred415 | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Precision Fitness | Shred415 | |
| 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 |
||
| Precision 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 | |
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Precision Fitness | |
| Shred415 | |
| Franchise Fee | |
| Precision Fitness | |
| Shred415 | |
| Royalty Fee | |
| Precision Fitness | |
| Shred415 | 8% |
| Advertising Fee | |
| Precision Fitness | |
| Shred415 | |
| Year Founded | |
| Precision Fitness | 0 |
| Shred415 | 1986 |
| Year Franchised | |
| Precision Fitness | 0 |
| Shred415 | 2004 |
| Term Of Agreement | |
| Precision Fitness | |
| Shred415 | 10 years |
| Renewal Fee | |
| Precision Fitness | |
| Shred415 | |
Business Experience Requirements |
|
| Experience | |
| Precision Fitness | |
| Shred415 | |
Financing Options |
|
| Franchise Fees | |
| Precision Fitness | |
| Shred415 | |
| Start-up Costs | |
| Precision Fitness | |
| Shred415 | |
| Equipment | |
| Precision Fitness} | |
| Shred415 | |
| Inventory | |
| Precision Fitness | |
| Shred415 | |
| Receivables | |
| Precision Fitness | |
| Shred415 | |
| Payroll | |
| Precision Fitness | |
| Shred415 | |
Training & Support |
|
| Training | |
| Precision Fitness | |
| Shred415 | On-The-Job Training: 48 hours Classroom Training: 32 hours |
| Support | |
| Precision Fitness | |
| Shred415 | Meetings/Conventions Grand Opening Online Support Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Marketing | |
| Precision Fitness | |
| Shred415 | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Operations | |
| Precision Fitness | |
| Shred415 | Absentee Ownership Allowed |
Expansion Plans |
|
| US Expansion | |
| Precision Fitness | |
| 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 | |
| Precision Fitness | |
| Shred415 | |
| International Expansion | |
| Precision Fitness | |
| Shred415 | |