Start-Up Costs and Fees |
||
| Shred415 | Personal Training Institute Franchise Ventures LLC | |
| Investment | 440280 - 959200 | 112050 - 221500 |
| Franchise Fee | 0 | |
| Royalty Fee | 8% | 6% |
| Advertising Fee | 4% | |
| Year Founded | 1986 | 1987 |
| Year Franchised | 2004 | 2005 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Shred415 | Personal Training Institute Franchise Ventures LLC | |
| Experience | ||
Financing Options |
||
| Shred415 | Personal Training Institute Franchise Ventures LLC | |
| Franchise Fees | No | No |
| Start-up Costs | No | No |
| Equipment | No | No |
| Inventory | No | No |
| Receivables | No | No |
| Payroll | No | No |
Training & Support |
||
| Shred415 | Personal Training Institute Franchise Ventures LLC | |
| 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 | Personal Training Institute Franchise Ventures LLC | |
| 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 | 0 | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Shred415 | |
| Personal Training Institute Franchise Ventures LLC | |
| Franchise Fee | |
| Shred415 | |
| Personal Training Institute Franchise Ventures LLC | |
| Royalty Fee | |
| Shred415 | 8% |
| Personal Training Institute Franchise Ventures LLC | 6% |
| Advertising Fee | |
| Shred415 | |
| Personal Training Institute Franchise Ventures LLC | 4% |
| Year Founded | |
| Shred415 | 1986 |
| Personal Training Institute Franchise Ventures LLC | 1987 |
| Year Franchised | |
| Shred415 | 2004 |
| Personal Training Institute Franchise Ventures LLC | 2005 |
| Term Of Agreement | |
| Shred415 | 10 years |
| Personal Training Institute Franchise Ventures LLC | 10 years |
| Renewal Fee | |
| Shred415 | |
| Personal Training Institute Franchise Ventures LLC | 25% of franchise fee |
Business Experience Requirements |
|
| Experience | |
| Shred415 | |
| Personal Training Institute Franchise Ventures LLC | |
Financing Options |
|
| Franchise Fees | |
| Shred415 | No |
| Personal Training Institute Franchise Ventures LLC | No |
| Start-up Costs | |
| Shred415 | |
| Personal Training Institute Franchise Ventures LLC | |
| Equipment | |
| Shred415} | |
| Personal Training Institute Franchise Ventures LLC | |
| Inventory | |
| Shred415 | |
| Personal Training Institute Franchise Ventures LLC | |
| Receivables | |
| Shred415 | |
| Personal Training Institute Franchise Ventures LLC | |
| Payroll | |
| Shred415 | |
| Personal Training Institute Franchise Ventures LLC | |
Training & Support |
|
| Training | |
| Shred415 | On-The-Job Training: 48 hours Classroom Training: 32 hours |
| Personal Training Institute Franchise Ventures LLC | |
| Support | |
| Shred415 | Meetings/Conventions Grand Opening Online Support Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Personal Training Institute Franchise Ventures LLC | |
| Marketing | |
| Shred415 | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Personal Training Institute Franchise Ventures LLC | |
| Operations | |
| Shred415 | Absentee Ownership Allowed |
| Personal Training Institute Franchise Ventures LLC | |
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 |
| Personal Training Institute Franchise Ventures LLC | |
| Canada Expansion | |
| Shred415 | |
| Personal Training Institute Franchise Ventures LLC | 0 |
| International Expansion | |
| Shred415 | |
| Personal Training Institute Franchise Ventures LLC | |