Start-Up Costs and Fees |
||
| Shred415 | Crunch Fitness | |
| Investment | 440280 - 959200 | 255500 - 2320500 |
| Franchise Fee | 0 | |
| Royalty Fee | 8% | 5% |
| Advertising Fee | 2% | |
| Year Founded | 1986 | 1989 |
| Year Franchised | 2004 | 2010 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Shred415 | Crunch Fitness | |
| Experience | ||
Financing Options |
||
| Shred415 | Crunch Fitness | |
| Franchise Fees | No | Yes |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Shred415 | Crunch Fitness | |
| Training | On-The-Job Training: 48 hours Classroom Training: 32 hours | On-The-Job Training: 40 hours Classroom Training: 16 hours |
| Support | Meetings/Conventions Grand Opening Online Support Field Operations Site Selection Proprietary Software Franchisee Intranet Platform | 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 |
| 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 | Absentee Ownership Allowed Number of Employees Required to Run: 15 |
Expansion Plans |
||
| Shred415 | Crunch Fitness | |
| 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 | |
| Crunch Fitness | |
| Franchise Fee | |
| Shred415 | |
| Crunch Fitness | |
| Royalty Fee | |
| Shred415 | 8% |
| Crunch Fitness | 5% |
| Advertising Fee | |
| Shred415 | |
| Crunch Fitness | 2% |
| Year Founded | |
| Shred415 | 1986 |
| Crunch Fitness | 1989 |
| Year Franchised | |
| Shred415 | 2004 |
| Crunch Fitness | 2010 |
| Term Of Agreement | |
| Shred415 | 10 years |
| Crunch Fitness | 10 years |
| Renewal Fee | |
| Shred415 | |
| Crunch Fitness | |
Business Experience Requirements |
|
| Experience | |
| Shred415 | |
| Crunch Fitness | |
Financing Options |
|
| Franchise Fees | |
| Shred415 | No |
| Crunch Fitness | No |
| Start-up Costs | |
| Shred415 | |
| Crunch Fitness | |
| Equipment | |
| Shred415} | |
| Crunch Fitness | |
| Inventory | |
| Shred415 | |
| Crunch Fitness | |
| Receivables | |
| Shred415 | |
| Crunch Fitness | |
| Payroll | |
| Shred415 | |
| Crunch Fitness | |
Training & Support |
|
| Training | |
| Shred415 | On-The-Job Training: 48 hours Classroom Training: 32 hours |
| Crunch Fitness | On-The-Job Training: 40 hours Classroom Training: 16 hours |
| Support | |
| Shred415 | Meetings/Conventions Grand Opening Online Support Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Crunch 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 |
| Marketing | |
| Shred415 | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Crunch Fitness | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Operations | |
| Shred415 | Absentee Ownership Allowed |
| Crunch Fitness | Absentee Ownership Allowed Number of Employees Required to Run: 15 |
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 |
| Crunch Fitness | |
| Canada Expansion | |
| Shred415 | |
| Crunch Fitness | |
| International Expansion | |
| Shred415 | |
| Crunch Fitness | |