Start-Up Costs and Fees |
||
| Shred415 | MADabolic | |
| Investment | 440280 - 959200 | 222450 - 378200 |
| 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 | MADabolic | |
| Experience | ||
Financing Options |
||
| Shred415 | MADabolic | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Shred415 | MADabolic | |
| Training | On-The-Job Training: 48 hours Classroom Training: 32 hours | 3 day intensive training course takes place in Charlotte NC at our flagship location and corporate head quarters. Some of the topics that will be covered in your 3 days are: a) The MADabolic System & Philosophy b) Program Design & Implementation c) Exercise Equipment Description & Function d) Facility Layout & Execution e) Presentation & Pricing f) Inventory, Ordering & Approved Vendors g) Contracts, Waivers & Membership Programs h) Safety, Security, Health & Sanitation i) Hiring Instructors, Employees and Staffing Your Business j) Technology & Software Overview k) Administrative & Bookkeeping Responsibilities l) Marketing & Promoting Your Business m) Social Media Overview & Guidelines |
| Support | Meetings/Conventions Grand Opening Online Support Field Operations Site Selection Proprietary Software Franchisee Intranet Platform | Online Video Database On Site Pre Opening Support |
| 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 | MADabolic | |
| 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 | |
| MADabolic | |
| Franchise Fee | |
| Shred415 | |
| MADabolic | |
| Royalty Fee | |
| Shred415 | 8% |
| MADabolic | |
| Advertising Fee | |
| Shred415 | |
| MADabolic | |
| Year Founded | |
| Shred415 | 1986 |
| MADabolic | 0 |
| Year Franchised | |
| Shred415 | 2004 |
| MADabolic | 0 |
| Term Of Agreement | |
| Shred415 | 10 years |
| MADabolic | |
| Renewal Fee | |
| Shred415 | |
| MADabolic | |
Business Experience Requirements |
|
| Experience | |
| Shred415 | |
| MADabolic | |
Financing Options |
|
| Franchise Fees | |
| Shred415 | No |
| MADabolic | No |
| Start-up Costs | |
| Shred415 | |
| MADabolic | |
| Equipment | |
| Shred415} | |
| MADabolic | |
| Inventory | |
| Shred415 | |
| MADabolic | |
| Receivables | |
| Shred415 | |
| MADabolic | |
| Payroll | |
| Shred415 | |
| MADabolic | |
Training & Support |
|
| Training | |
| Shred415 | On-The-Job Training: 48 hours Classroom Training: 32 hours |
| MADabolic | 3 day intensive training course takes place in Charlotte NC at our flagship location and corporate head quarters. Some of the topics that will be covered in your 3 days are: a) The MADabolic System & Philosophy b) Program Design & Implementation c) Exercise Equipment Description & Function d) Facility Layout & Execution e) Presentation & Pricing f) Inventory, Ordering & Approved Vendors g) Contracts, Waivers & Membership Programs h) Safety, Security, Health & Sanitation i) Hiring Instructors, Employees and Staffing Your Business j) Technology & Software Overview k) Administrative & Bookkeeping Responsibilities l) Marketing & Promoting Your Business m) Social Media Overview & Guidelines |
| Support | |
| Shred415 | Meetings/Conventions Grand Opening Online Support Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| MADabolic | Online Video Database On Site Pre Opening Support |
| Marketing | |
| Shred415 | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| MADabolic | |
| Operations | |
| Shred415 | Absentee Ownership Allowed |
| MADabolic | |
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 |
| MADabolic | |
| Canada Expansion | |
| Shred415 | |
| MADabolic | |
| International Expansion | |
| Shred415 | |
| MADabolic | |