Shred415 vs Illuminate Gym Franchise Comparison

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

Start-Up Costs and Fees
  Shred415 Illuminate Gym
Investment 440280 - 959200 57000 - 213000
Franchise Fee 0
Royalty Fee 8%
Advertising Fee
Year Founded 1986 0
Year Franchised 2004 0
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements
  Shred415 Illuminate Gym
Experience

Financing Options
  Shred415 Illuminate Gym
 
Franchise Fees No
Start-up Costs No
Equipment No
Inventory No
Receivables No
Payroll No

Training & Support
  Shred415 Illuminate Gym
Training On-The-Job Training: 48 hours Classroom Training: 32 hours We offer a 5 day training program to teach you how to run an illuminate gym and about 'High Oxygen Training'.
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 Illuminate 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 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
Illuminate Gym
Franchise Fee
Shred415
Illuminate Gym
Royalty Fee
Shred415 8%
Illuminate Gym
Advertising Fee
Shred415
Illuminate Gym
Year Founded
Shred415 1986
Illuminate Gym 0
Year Franchised
Shred415 2004
Illuminate Gym 0
Term Of Agreement
Shred415 10 years
Illuminate Gym
Renewal Fee
Shred415
Illuminate Gym


Business Experience Requirements
Experience
Shred415
Illuminate Gym

Financing Options
 
Franchise Fees
Shred415 No
Illuminate Gym No
Start-up Costs
Shred415
Illuminate Gym
Equipment
Shred415}
Illuminate Gym
Inventory
Shred415
Illuminate Gym
Receivables
Shred415
Illuminate Gym
Payroll
Shred415
Illuminate Gym

Training & Support
Training
Shred415 On-The-Job Training: 48 hours Classroom Training: 32 hours
Illuminate Gym We offer a 5 day training program to teach you how to run an illuminate gym and about 'High Oxygen Training'.
Support
Shred415 Meetings/Conventions Grand Opening Online Support Field Operations Site Selection Proprietary Software Franchisee Intranet Platform
Illuminate Gym
Marketing
Shred415 Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app
Illuminate Gym
Operations
Shred415 Absentee Ownership Allowed
Illuminate 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
Illuminate Gym 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
Shred415
Illuminate Gym
International Expansion
Shred415
Illuminate Gym