Shred415
Fitness studios- 2023 Franchise 500 Rank
-
N/RNot ranked last year
- Initial investment
-
$423K - $921K
- Units as of 2018
-
15 114.3% over 3 years
Company Overview
About Shred415
Industry | Personal-Care Businesses |
---|---|
Related Categories | Fitness |
Founded | 2011 |
Parent Company | Shred415 Franchising |
Leadership | Matt Micheli, Founder and CEO |
Corporate Address | 3625 Edwards Rd., #103 Cincinnati, OH 45209 |
Social |
Business Overview
Franchising Since | 2017(6 years) |
---|---|
# of employees at HQ | 60 |
Where seeking | 本公司是提供新经销商following US states: |
# of Units | 15(as of 2018) |
|
Information for Franchisees
Here's what you need to know if you're interested in opening a Shred415 franchise.
Financial Requirements & Ongoing Fees
Here's what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.
Initial Franchise Fee |
$50,000 |
---|---|
Initial Investment |
$423,480 - $920,800 |
Net Worth Requirement |
$800,000 |
Cash Requirement |
$300,000 |
Veteran Incentives |
$1,500 off franchise fee |
Royalty Fee |
8% |
Term of Agreement |
10 years |
Is franchise term renewable? | Yes |
Training & Support Offered
Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.
On-The-Job Training | 48 hours |
---|---|
Classroom Training | 32 hours |
Ongoing Support |
Meetings & Conventions
Grand Opening
Online Support
Field Operations
Site Selection
Proprietary Software
Franchisee Intranet Platform
|
Marketing Support |
Co-op Advertising
Ad Templates
National Media
Regional Advertising
Social Media
SEO
Website Development
Email Marketing
Loyalty Program/App
|
Operations
Additional details about running this franchise.
Is absentee ownership allowed? | Yes |
---|---|
Can this franchise be run from home/mobile unit? |
No |
Can this franchise be run part time? |
No |
Are exclusive territories available? |
Yes |
Interested in ownership opportunities like Shred415? Request a free consultation with a Franchise Advisor now.
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