Start-Up Costs and Fees |
||
| Nitro Fitness for Men | Shred415 | |
| Investment | 55500 - 76500 | 440280 - 959200 |
| Franchise Fee | 0 | |
| Royalty Fee | $498/month | 8% |
| Advertising Fee | ||
| Year Founded | 2004 | 1986 |
| Year Franchised | 2004 | 2004 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Nitro Fitness for Men | Shred415 | |
| Experience | ||
Financing Options |
||
| Nitro Fitness for Men | Shred415 | |
| Franchise Fees | No | No |
| Start-up Costs | No | No |
| Equipment | No | No |
| Inventory | No | No |
| Receivables | No | No |
| Payroll | No | No |
Training & Support |
||
| Nitro Fitness for Men | 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 |
||
| Nitro Fitness for Men | 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 | |
| Canada Expansion | 0 | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Nitro Fitness for Men | |
| Shred415 | |
| Franchise Fee | |
| Nitro Fitness for Men | |
| Shred415 | |
| Royalty Fee | |
| Nitro Fitness for Men | $498/month |
| Shred415 | 8% |
| Advertising Fee | |
| Nitro Fitness for Men | |
| Shred415 | |
| Year Founded | |
| Nitro Fitness for Men | 2004 |
| Shred415 | 1986 |
| Year Franchised | |
| Nitro Fitness for Men | 2004 |
| Shred415 | 2004 |
| Term Of Agreement | |
| Nitro Fitness for Men | 7 years |
| Shred415 | 10 years |
| Renewal Fee | |
| Nitro Fitness for Men | $5,000 |
| Shred415 | |
Business Experience Requirements |
|
| Experience | |
| Nitro Fitness for Men | |
| Shred415 | |
Financing Options |
|
| Franchise Fees | |
| Nitro Fitness for Men | No |
| Shred415 | No |
| Start-up Costs | |
| Nitro Fitness for Men | |
| Shred415 | |
| Equipment | |
| Nitro Fitness for Men} | |
| Shred415 | |
| Inventory | |
| Nitro Fitness for Men | |
| Shred415 | |
| Receivables | |
| Nitro Fitness for Men | |
| Shred415 | |
| Payroll | |
| Nitro Fitness for Men | |
| Shred415 | |
Training & Support |
|
| Training | |
| Nitro Fitness for Men | |
| Shred415 | On-The-Job Training: 48 hours Classroom Training: 32 hours |
| Support | |
| Nitro Fitness for Men | |
| Shred415 | Meetings/Conventions Grand Opening Online Support Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Marketing | |
| Nitro Fitness for Men | |
| Shred415 | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Operations | |
| Nitro Fitness for Men | |
| Shred415 | Absentee Ownership Allowed |
Expansion Plans |
|
| US Expansion | |
| Nitro Fitness for Men | |
| 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 | |
| Nitro Fitness for Men | 0 |
| Shred415 | |
| International Expansion | |
| Nitro Fitness for Men | |
| Shred415 | |