Start-Up Costs and Fees |
||
| Shred415 | Extreme Gym | |
| Investment | 440280 - 959200 | 75453 - 96998 |
| Franchise Fee | 0 | |
| Royalty Fee | 8% | |
| Advertising Fee | ||
| Year Founded | 1986 | 2002 |
| Year Franchised | 2004 | 0 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Shred415 | Extreme Gym | |
| Experience | You need a desire to own your own business and to be financially free. You also need to be people oriented with excellent customer service skills. If you are going to be leasing your equipment, we can set you up with a top notch leasing company who we highly recommend. You also have the option of paying in full if that is your desire. You can have your own gym for the price of a nice luxury car. | |
Financing Options |
||
| Shred415 | Extreme Gym | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Shred415 | Extreme Gym | |
| 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 | Extreme Gym | |
| 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 | |
| Extreme Gym | |
| Franchise Fee | |
| Shred415 | |
| Extreme Gym | |
| Royalty Fee | |
| Shred415 | 8% |
| Extreme Gym | |
| Advertising Fee | |
| Shred415 | |
| Extreme Gym | |
| Year Founded | |
| Shred415 | 1986 |
| Extreme Gym | 2002 |
| Year Franchised | |
| Shred415 | 2004 |
| Extreme Gym | 0 |
| Term Of Agreement | |
| Shred415 | 10 years |
| Extreme Gym | |
| Renewal Fee | |
| Shred415 | |
| Extreme Gym | |
Business Experience Requirements |
|
| Experience | |
| Shred415 | |
| Extreme Gym | You need a desire to own your own business and to be financially free. You also need to be people oriented with excellent customer service skills. If you are going to be leasing your equipment, we can set you up with a top notch leasing company who we highly recommend. You also have the option of paying in full if that is your desire. You can have your own gym for the price of a nice luxury car. |
Financing Options |
|
| Franchise Fees | |
| Shred415 | No |
| Extreme Gym | No |
| Start-up Costs | |
| Shred415 | |
| Extreme Gym | |
| Equipment | |
| Shred415} | |
| Extreme Gym | |
| Inventory | |
| Shred415 | |
| Extreme Gym | |
| Receivables | |
| Shred415 | |
| Extreme Gym | |
| Payroll | |
| Shred415 | |
| Extreme Gym | |
Training & Support |
|
| Training | |
| Shred415 | On-The-Job Training: 48 hours Classroom Training: 32 hours |
| Extreme Gym | |
| Support | |
| Shred415 | Meetings/Conventions Grand Opening Online Support Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Extreme Gym | |
| Marketing | |
| Shred415 | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Extreme Gym | |
| Operations | |
| Shred415 | Absentee Ownership Allowed |
| Extreme Gym | |
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 |
| Extreme Gym | |
| Canada Expansion | |
| Shred415 | |
| Extreme Gym | |
| International Expansion | |
| Shred415 | |
| Extreme Gym | |