DiscoverStrength vs Shred415 Franchise Comparison

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

Start-Up Costs and Fees

  DiscoverStrength Shred415
Investment 271250 - 481000 440280 - 959200
Franchise Fee 0
Royalty Fee 6% 8%
Advertising Fee 2%
Year Founded 2020 1986
Year Franchised 2020 2004
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements

  DiscoverStrength Shred415
Experience

Financing Options

  DiscoverStrength Shred415
 
Franchise Fees No
Start-up Costs No
Equipment No
Inventory No
Receivables No
Payroll No

Training & Support

  DiscoverStrength Shred415
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

  DiscoverStrength Shred415
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 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
DiscoverStrength
Shred415
Franchise Fee
DiscoverStrength
Shred415
Royalty Fee
DiscoverStrength 6%
Shred415 8%
Advertising Fee
DiscoverStrength 2%
Shred415
Year Founded
DiscoverStrength 2020
Shred415 1986
Year Franchised
DiscoverStrength 2020
Shred415 2004
Term Of Agreement
DiscoverStrength
Shred415 10 years
Renewal Fee
DiscoverStrength
Shred415


Business Experience Requirements

Experience
DiscoverStrength
Shred415

Financing Options

 
Franchise Fees
DiscoverStrength
Shred415
Start-up Costs
DiscoverStrength
Shred415
Equipment
DiscoverStrength}
Shred415
Inventory
DiscoverStrength
Shred415
Receivables
DiscoverStrength
Shred415
Payroll
DiscoverStrength
Shred415

Training & Support

Training
DiscoverStrength
Shred415 On-The-Job Training: 48 hours Classroom Training: 32 hours
Support
DiscoverStrength
Shred415 Meetings/Conventions Grand Opening Online Support Field Operations Site Selection Proprietary Software Franchisee Intranet Platform
Marketing
DiscoverStrength
Shred415 Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app
Operations
DiscoverStrength
Shred415 Absentee Ownership Allowed

Expansion Plans

US Expansion
DiscoverStrength 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
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
Canada Expansion
DiscoverStrength
Shred415
International Expansion
DiscoverStrength
Shred415