Start-Up Costs and Fees |
||
| LA Weight Loss Centers | Shred415 | |
| Investment | 67200 - 120400 | 440280 - 959200 |
| Franchise Fee | 0 | |
| Royalty Fee | 7% | 8% |
| Advertising Fee | ||
| Year Founded | 1989 | 1986 |
| Year Franchised | 1998 | 2004 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| LA Weight Loss Centers | Shred415 | |
| Experience | ||
Financing Options |
||
| LA Weight Loss Centers | Shred415 | |
| Franchise Fees | Yes | No |
| Start-up Costs | No | No |
| Equipment | No | No |
| Inventory | No | No |
| Receivables | No | No |
| Payroll | No | No |
Training & Support |
||
| LA Weight Loss Centers | Shred415 | |
| Training | On-The-Job Training: 48 hours Classroom Training: 32 hours | |
| Support | Meetings, Toll-free phone line, Grand opening, Field operations/evaluations | Meetings/Conventions Grand Opening Online Support Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Marketing | Ad slicks, National media, Regional advertising | 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 |
||
| LA Weight Loss Centers | Shred415 | |
| US Expansion | Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, Nebraska, North Carolina, North Dakota, New Hampshire, New Jersey, New Mexico, Nevada, New York, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Virginia, Vermont, Washington, Wisconsin, West Virginia, 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 | 0 | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| LA Weight Loss Centers | |
| Shred415 | |
| Franchise Fee | |
| LA Weight Loss Centers | |
| Shred415 | |
| Royalty Fee | |
| LA Weight Loss Centers | 7% |
| Shred415 | 8% |
| Advertising Fee | |
| LA Weight Loss Centers | |
| Shred415 | |
| Year Founded | |
| LA Weight Loss Centers | 1989 |
| Shred415 | 1986 |
| Year Franchised | |
| LA Weight Loss Centers | 1998 |
| Shred415 | 2004 |
| Term Of Agreement | |
| LA Weight Loss Centers | 10 years |
| Shred415 | 10 years |
| Renewal Fee | |
| LA Weight Loss Centers | |
| Shred415 | |
Business Experience Requirements |
|
| Experience | |
| LA Weight Loss Centers | |
| Shred415 | |
Financing Options |
|
| Franchise Fees | |
| LA Weight Loss Centers | Yes |
| Shred415 | Yes |
| Start-up Costs | |
| LA Weight Loss Centers | |
| Shred415 | |
| Equipment | |
| LA Weight Loss Centers} | |
| Shred415 | |
| Inventory | |
| LA Weight Loss Centers | |
| Shred415 | |
| Receivables | |
| LA Weight Loss Centers | |
| Shred415 | |
| Payroll | |
| LA Weight Loss Centers | |
| Shred415 | |
Training & Support |
|
| Training | |
| LA Weight Loss Centers | |
| Shred415 | On-The-Job Training: 48 hours Classroom Training: 32 hours |
| Support | |
| LA Weight Loss Centers | Meetings, Toll-free phone line, Grand opening, Field operations/evaluations |
| Shred415 | Meetings/Conventions Grand Opening Online Support Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Marketing | |
| LA Weight Loss Centers | Ad slicks, National media, Regional advertising |
| Shred415 | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Operations | |
| LA Weight Loss Centers | |
| Shred415 | Absentee Ownership Allowed |
Expansion Plans |
|
| US Expansion | |
| LA Weight Loss Centers | Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, Nebraska, North Carolina, North Dakota, New Hampshire, New Jersey, New Mexico, Nevada, New York, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Virginia, Vermont, Washington, Wisconsin, West Virginia, 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 | |
| LA Weight Loss Centers | 0 |
| Shred415 | |
| International Expansion | |
| LA Weight Loss Centers | |
| Shred415 | |