Shred415 Franchise

Fitness training

The Shred415 experience is an instructor-led dynamic interval training class that tar‍‍‍gets all levels of clients. Created by Chicago fitness experts Bonnie Micheli and Tracy Roemer, who bring more than 25 years of fitness-training experience, the 60-minute workout alternates between treadmill and floor training and leaves its loyal fan base empowered and motivated.   Differentiated against key competition, The Shred415 experience is an instructor-led dynamic interval training class that tar‍‍‍gets all levels of clients. Veteran Incentives  $1,500 off franchise fee  

ABC INC

ABC-CO - NASDAQ

$129.55 USD
+0.25 (+0.20%)
$129.55
$129.55


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Please Note: The operators of Shred415, may not have verified the accuracy of the Franchise information contained within this website. For accurate up-to-date information, investors are strongly recommended to visit the official Shred415 website.

How much does it cost to open a Shred415 Franchise ?

The investment required to open a Shred415 Franchise is between $440,280 - $959,200 . There is an initial franchise fee of $50,000 which grants you the license to run a business under the Shred415 name.

Individual Franchise Costs

  • Initial Investment:
    $440,280 -
  • Initial Franchise Fee:
    $50,000
  • Royalty Fee:
    8%
  • Term of Agreement:
    10 years

Expense In-House Third Party
Franchise Fee No No
Startup Costs No No
Equipment No No
Inventory No No
Accounts Receivable No No
Payroll No No

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

Shred415 Growth History

When did the first Shred415 open? 1986
When did Shred415 start Franchising ? 2004

Year U.S.A. Canada International Corporate
2005 40 0 0 1
2004 5 0 0 1
2003 N/A N/A N/A 1
2002 N/A N/A N/A 0
2001 N/A N/A N/A 0

Absentee Ownership Allowed

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



How much money you could make as a Shred415 Franchise owner depends on a wide variety of factors. As a business owner, your primary goals are to strive for high sales while keeping your oper_ating costs as low as possible while still maintaining quality products and service. The monthly oper_ating costs that you will incur as a Shred415 Franchise owner may include royalty fees, rent or mortgage, staffing, products, supplies, utilities, administrative costs and other things. Although your monthly oper_ating costs may vary from month to month, your start up costs are typically fixed and they will cover the majority of your initial oper_ating equipment, signage, and renovations.

Initial Investment
$50,000 - $959,200
Initial Franchise Fee
$50,000
Royalty Fee
8%
Term of Agreement
10 years
Shred415 Franchise Opportunity viewed times by investors.
 

Legal Disclaimer: This information is not a franchise offering for Shred415 and should not be construed as such. The Franchise Mall makes every effort to maintain accurate franchise data but does not guarantee nor assume liability for incorrect data. We recomend that anyone seriously interested in pursuing a Shred415 franchise opportunity, review that franchise's Franchise Disclosure Document (FDD) with an attorney and accountant.