Start-Up Costs and Fees |
||
| QuickHIT Fitness Lab | Shred415 | |
| Investment | 127830 - 157500 | 440280 - 959200 |
| Franchise Fee | 0 | |
| Royalty Fee | 8% | |
| Advertising Fee | ||
| Year Founded | 2017 | 1986 |
| Year Franchised | 2018 | 2004 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| QuickHIT Fitness Lab | Shred415 | |
| Experience | ||
Financing Options |
||
| QuickHIT Fitness Lab | Shred415 | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| QuickHIT Fitness Lab | 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 |
||
| QuickHIT Fitness Lab | 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 | |
| QuickHIT Fitness Lab | |
| Shred415 | |
| Franchise Fee | |
| QuickHIT Fitness Lab | |
| Shred415 | |
| Royalty Fee | |
| QuickHIT Fitness Lab | |
| Shred415 | 8% |
| Advertising Fee | |
| QuickHIT Fitness Lab | |
| Shred415 | |
| Year Founded | |
| QuickHIT Fitness Lab | 2017 |
| Shred415 | 1986 |
| Year Franchised | |
| QuickHIT Fitness Lab | 2018 |
| Shred415 | 2004 |
| Term Of Agreement | |
| QuickHIT Fitness Lab | |
| Shred415 | 10 years |
| Renewal Fee | |
| QuickHIT Fitness Lab | |
| Shred415 | |
Business Experience Requirements |
|
| Experience | |
| QuickHIT Fitness Lab | |
| Shred415 | |
Financing Options |
|
| Franchise Fees | |
| QuickHIT Fitness Lab | |
| Shred415 | |
| Start-up Costs | |
| QuickHIT Fitness Lab | |
| Shred415 | |
| Equipment | |
| QuickHIT Fitness Lab} | |
| Shred415 | |
| Inventory | |
| QuickHIT Fitness Lab | |
| Shred415 | |
| Receivables | |
| QuickHIT Fitness Lab | |
| Shred415 | |
| Payroll | |
| QuickHIT Fitness Lab | |
| Shred415 | |
Training & Support |
|
| Training | |
| QuickHIT Fitness Lab | |
| Shred415 | On-The-Job Training: 48 hours Classroom Training: 32 hours |
| Support | |
| QuickHIT Fitness Lab | |
| Shred415 | Meetings/Conventions Grand Opening Online Support Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Marketing | |
| QuickHIT Fitness Lab | |
| Shred415 | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Operations | |
| QuickHIT Fitness Lab | |
| Shred415 | Absentee Ownership Allowed |
Expansion Plans |
|
| US Expansion | |
| QuickHIT Fitness Lab | 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 | |
| QuickHIT Fitness Lab | |
| Shred415 | |
| International Expansion | |
| QuickHIT Fitness Lab | |
| Shred415 | |