Shred415 vs Slender Lady Franchise Comparison

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

Start-Up Costs and Fees

  Shred415 Slender Lady
Investment 440280 - 959200 50000 - 50000
Franchise Fee 0 0
Royalty Fee 8% $395/495/mo.
Advertising Fee
Year Founded 1986 1996
Year Franchised 2004 1997
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements

  Shred415 Slender Lady
Experience

Financing Options

  Shred415 Slender Lady
 
Franchise Fees No Yes
Start-up Costs No No
Equipment No No
Inventory No No
Receivables No No
Payroll No No

Training & Support

  Shred415 Slender Lady
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 Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives
Marketing Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app Co-op advertising, Ad slicks, National media, Regional advertising
Operations Absentee Ownership Allowed 10% of all franchisees own more than one unit Number of employees needed to run franchised unit: 2 Absentee ownership of franchise is allowed. (90% of current franchisees are owner/operators)

Expansion Plans

  Shred415 Slender Lady
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
Slender Lady
Franchise Fee
Shred415
Slender Lady
Royalty Fee
Shred415 8%
Slender Lady $395/495/mo.
Advertising Fee
Shred415
Slender Lady
Year Founded
Shred415 1986
Slender Lady 1996
Year Franchised
Shred415 2004
Slender Lady 1997
Term Of Agreement
Shred415 10 years
Slender Lady 7 years
Renewal Fee
Shred415
Slender Lady


Business Experience Requirements

Experience
Shred415
Slender Lady

Financing Options

 
Franchise Fees
Shred415 No
Slender Lady No
Start-up Costs
Shred415
Slender Lady
Equipment
Shred415}
Slender Lady
Inventory
Shred415
Slender Lady
Receivables
Shred415
Slender Lady
Payroll
Shred415
Slender Lady

Training & Support

Training
Shred415 On-The-Job Training: 48 hours Classroom Training: 32 hours
Slender Lady
Support
Shred415 Meetings/Conventions Grand Opening Online Support Field Operations Site Selection Proprietary Software Franchisee Intranet Platform
Slender Lady Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives
Marketing
Shred415 Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app
Slender Lady Co-op advertising, Ad slicks, National media, Regional advertising
Operations
Shred415 Absentee Ownership Allowed
Slender Lady 10% of all franchisees own more than one unit Number of employees needed to run franchised unit: 2 Absentee ownership of franchise is allowed. (90% of current franchisees are owner/operators)

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
Slender Lady
Canada Expansion
Shred415
Slender Lady
International Expansion
Shred415
Slender Lady