Shred415 vs Iron Tribe Fitness Franchise Comparison

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

Start-Up Costs and Fees
  Shred415 Iron Tribe Fitness
Investment 440280 - 959200 300000 - 433500
Franchise Fee 0
Royalty Fee 8% 6%
Advertising Fee 1%
Year Founded 1986 2010
Year Franchised 2004 2012
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements
  Shred415 Iron Tribe Fitness
Experience

Financing Options
  Shred415 Iron Tribe Fitness
 
Franchise Fees No
Start-up Costs No
Equipment No
Inventory No
Receivables No
Payroll No

Training & Support
  Shred415 Iron Tribe Fitness
Training On-The-Job Training: 48 hours Classroom Training: 32 hours On-The-Job Training: 20 hours Additional Training: Online pre-training course
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: 5

Expansion Plans
  Shred415 Iron Tribe 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 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
Iron Tribe Fitness
Franchise Fee
Shred415
Iron Tribe Fitness
Royalty Fee
Shred415 8%
Iron Tribe Fitness 6%
Advertising Fee
Shred415
Iron Tribe Fitness 1%
Year Founded
Shred415 1986
Iron Tribe Fitness 2010
Year Franchised
Shred415 2004
Iron Tribe Fitness 2012
Term Of Agreement
Shred415 10 years
Iron Tribe Fitness
Renewal Fee
Shred415
Iron Tribe Fitness


Business Experience Requirements
Experience
Shred415
Iron Tribe Fitness

Financing Options
 
Franchise Fees
Shred415 No
Iron Tribe Fitness No
Start-up Costs
Shred415
Iron Tribe Fitness
Equipment
Shred415}
Iron Tribe Fitness
Inventory
Shred415
Iron Tribe Fitness
Receivables
Shred415
Iron Tribe Fitness
Payroll
Shred415
Iron Tribe Fitness

Training & Support
Training
Shred415 On-The-Job Training: 48 hours Classroom Training: 32 hours
Iron Tribe Fitness On-The-Job Training: 20 hours Additional Training: Online pre-training course
Support
Shred415 Meetings/Conventions Grand Opening Online Support Field Operations Site Selection Proprietary Software Franchisee Intranet Platform
Iron Tribe 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
Iron Tribe 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
Iron Tribe Fitness Absentee Ownership Allowed Number of Employees Required to Run: 5

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
Iron Tribe Fitness 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
Iron Tribe Fitness
International Expansion
Shred415
Iron Tribe Fitness