Shred415 vs EduFit Franchise Comparison

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

Start-Up Costs and Fees

  Shred415 EduFit
Investment 440280 - 959200 164500 - 281000
Franchise Fee 0
Royalty Fee 8%
Advertising Fee
Year Founded 1986 1988
Year Franchised 2004 0
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements

  Shred415 EduFit
Experience

Financing Options

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

Training & Support

  Shred415 EduFit
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 EduFit
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
EduFit
Franchise Fee
Shred415
EduFit
Royalty Fee
Shred415 8%
EduFit
Advertising Fee
Shred415
EduFit
Year Founded
Shred415 1986
EduFit 1988
Year Franchised
Shred415 2004
EduFit 0
Term Of Agreement
Shred415 10 years
EduFit
Renewal Fee
Shred415
EduFit


Business Experience Requirements

Experience
Shred415
EduFit

Financing Options

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

Training & Support

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

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
EduFit
Canada Expansion
Shred415
EduFit
International Expansion
Shred415
EduFit