Start-Up Costs and Fees |
||
| Shred415 | Plus Fitness 24/7 | |
| Investment | 440280 - 959200 | 298000 - 999999 |
| Franchise Fee | 0 | |
| Royalty Fee | 8% | |
| Advertising Fee | ||
| Year Founded | 1986 | 1998 |
| Year Franchised | 2004 | 1998 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Shred415 | Plus Fitness 24/7 | |
| Experience | ||
Financing Options |
||
| Shred415 | Plus Fitness 24/7 | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Shred415 | Plus Fitness 24/7 | |
| 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 | Plus Fitness 24/7 | |
| 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 | Australia |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Shred415 | |
| Plus Fitness 24/7 | |
| Franchise Fee | |
| Shred415 | |
| Plus Fitness 24/7 | |
| Royalty Fee | |
| Shred415 | 8% |
| Plus Fitness 24/7 | |
| Advertising Fee | |
| Shred415 | |
| Plus Fitness 24/7 | |
| Year Founded | |
| Shred415 | 1986 |
| Plus Fitness 24/7 | 1998 |
| Year Franchised | |
| Shred415 | 2004 |
| Plus Fitness 24/7 | 1998 |
| Term Of Agreement | |
| Shred415 | 10 years |
| Plus Fitness 24/7 | |
| Renewal Fee | |
| Shred415 | |
| Plus Fitness 24/7 | |
Business Experience Requirements |
|
| Experience | |
| Shred415 | |
| Plus Fitness 24/7 | |
Financing Options |
|
| Franchise Fees | |
| Shred415 | No |
| Plus Fitness 24/7 | No |
| Start-up Costs | |
| Shred415 | |
| Plus Fitness 24/7 | |
| Equipment | |
| Shred415} | |
| Plus Fitness 24/7 | |
| Inventory | |
| Shred415 | |
| Plus Fitness 24/7 | |
| Receivables | |
| Shred415 | |
| Plus Fitness 24/7 | |
| Payroll | |
| Shred415 | |
| Plus Fitness 24/7 | |
Training & Support |
|
| Training | |
| Shred415 | On-The-Job Training: 48 hours Classroom Training: 32 hours |
| Plus Fitness 24/7 | |
| Support | |
| Shred415 | Meetings/Conventions Grand Opening Online Support Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Plus Fitness 24/7 | |
| Marketing | |
| Shred415 | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Plus Fitness 24/7 | |
| Operations | |
| Shred415 | Absentee Ownership Allowed |
| Plus Fitness 24/7 | |
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 |
| Plus Fitness 24/7 | |
| Canada Expansion | |
| Shred415 | |
| Plus Fitness 24/7 | |
| International Expansion | |
| Shred415 | |
| Plus Fitness 24/7 | Australia |