Shred415 vs Core Progression Franchise Comparison

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

Start-Up Costs and Fees

  Shred415 Core Progression
Investment 440280 - 959200 170500 - 460030
Franchise Fee 0
Royalty Fee 8% 5%
Advertising Fee 5%
Year Founded 1986 2017
Year Franchised 2004 2017
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements

  Shred415 Core Progression
Experience

Financing Options

  Shred415 Core Progression
 
Franchise Fees No
Start-up Costs No
Equipment No
Inventory No
Receivables No
Payroll No

Training & Support

  Shred415 Core Progression
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

  Shred415 Core Progression
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
Shred415
Core Progression
Franchise Fee
Shred415
Core Progression
Royalty Fee
Shred415 8%
Core Progression 5%
Advertising Fee
Shred415
Core Progression 5%
Year Founded
Shred415 1986
Core Progression 2017
Year Franchised
Shred415 2004
Core Progression 2017
Term Of Agreement
Shred415 10 years
Core Progression
Renewal Fee
Shred415
Core Progression


Business Experience Requirements

Experience
Shred415
Core Progression

Financing Options

 
Franchise Fees
Shred415 No
Core Progression No
Start-up Costs
Shred415
Core Progression
Equipment
Shred415}
Core Progression
Inventory
Shred415
Core Progression
Receivables
Shred415
Core Progression
Payroll
Shred415
Core Progression

Training & Support

Training
Shred415 On-The-Job Training: 48 hours Classroom Training: 32 hours
Core Progression
Support
Shred415 Meetings/Conventions Grand Opening Online Support Field Operations Site Selection Proprietary Software Franchisee Intranet Platform
Core Progression
Marketing
Shred415 Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app
Core Progression
Operations
Shred415 Absentee Ownership Allowed
Core Progression

Expansion Plans

US Expansion
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
Core Progression
Canada Expansion
Shred415
Core Progression
International Expansion
Shred415
Core Progression