Start-Up Costs and Fees |
||
| Shred415 | Fitness Premier | |
| Investment | 440280 - 959200 | 294850 - 621500 |
| Franchise Fee | 0 | |
| Royalty Fee | 8% | |
| Advertising Fee | ||
| Year Founded | 1986 | 2006 |
| Year Franchised | 2004 | 2016 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Shred415 | Fitness Premier | |
| Experience | ||
Financing Options |
||
| Shred415 | Fitness Premier | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Shred415 | Fitness Premier | |
| 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 | Fitness Premier | |
| 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 | |
| Fitness Premier | |
| Franchise Fee | |
| Shred415 | |
| Fitness Premier | |
| Royalty Fee | |
| Shred415 | 8% |
| Fitness Premier | |
| Advertising Fee | |
| Shred415 | |
| Fitness Premier | |
| Year Founded | |
| Shred415 | 1986 |
| Fitness Premier | 2006 |
| Year Franchised | |
| Shred415 | 2004 |
| Fitness Premier | 2016 |
| Term Of Agreement | |
| Shred415 | 10 years |
| Fitness Premier | |
| Renewal Fee | |
| Shred415 | |
| Fitness Premier | |
Business Experience Requirements |
|
| Experience | |
| Shred415 | |
| Fitness Premier | |
Financing Options |
|
| Franchise Fees | |
| Shred415 | No |
| Fitness Premier | No |
| Start-up Costs | |
| Shred415 | |
| Fitness Premier | |
| Equipment | |
| Shred415} | |
| Fitness Premier | |
| Inventory | |
| Shred415 | |
| Fitness Premier | |
| Receivables | |
| Shred415 | |
| Fitness Premier | |
| Payroll | |
| Shred415 | |
| Fitness Premier | |
Training & Support |
|
| Training | |
| Shred415 | On-The-Job Training: 48 hours Classroom Training: 32 hours |
| Fitness Premier | |
| Support | |
| Shred415 | Meetings/Conventions Grand Opening Online Support Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Fitness Premier | |
| Marketing | |
| Shred415 | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Fitness Premier | |
| Operations | |
| Shred415 | Absentee Ownership Allowed |
| Fitness Premier | |
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 |
| Fitness Premier | |
| Canada Expansion | |
| Shred415 | |
| Fitness Premier | |
| International Expansion | |
| Shred415 | |
| Fitness Premier | |