Shred415 vs PickUp USA Fitness Franchise Comparison

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

Start-Up Costs and Fees

  Shred415 PickUp USA Fitness
Investment 440280 - 959200 533266 - 1150054
Franchise Fee 0
Royalty Fee 8% 6%
Advertising Fee 1% - 2%
Year Founded 1986 2011
Year Franchised 2004 2016
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements

  Shred415 PickUp USA Fitness
Experience While not required, a passion for fitness and basketball is a huge plus! Owning a fitness club is a tremendous opportunity to build a business doing something you love. To get started, franchise candidates, either individually or cumulatively amongst a group of investors, should have a minimum of $150,000 in liquid capital and $300,000 in net worth. This gives a new franchisee the base financials to attempt to obtain necessary bank financing to be properly capitalized to launch a PickUp USA.

Financing Options

  Shred415 PickUp USA Fitness
 
Franchise Fees No
Start-up Costs No
Equipment No
Inventory No
Receivables No
Payroll No

Training & Support

  Shred415 PickUp USA Fitness
Training On-The-Job Training: 48 hours Classroom Training: 32 hours * Comprehensive 8 day training at our headquarters in Irwindale, CA for you and your two managers
Support Meetings/Conventions Grand Opening Online Support Field Operations Site Selection Proprietary Software Franchisee Intranet Platform PickUp USA provides comprehensive support from the day you sign your franchise agreement. * Pre-Open Support * Grand Opening Support * Ongoing Support o Assistance with site-selection, club layout, design & construction o Comprehensive 8 day training o On-site guidance for 5 days from our corporate team o Support with marketing, sales and operations o Continuous, on-site, telephone and email support will be with you during your entire journey o Your success is our success!
Marketing Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app
Operations Absentee Ownership Allowed We require an owner/operator Approximately 10 staff are needed to run a PickUp USA Fitness club.

Expansion Plans

  Shred415 PickUp USA Fitness
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
Shred415
PickUp USA Fitness
Franchise Fee
Shred415
PickUp USA Fitness
Royalty Fee
Shred415 8%
PickUp USA Fitness 6%
Advertising Fee
Shred415
PickUp USA Fitness 1% - 2%
Year Founded
Shred415 1986
PickUp USA Fitness 2011
Year Franchised
Shred415 2004
PickUp USA Fitness 2016
Term Of Agreement
Shred415 10 years
PickUp USA Fitness
Renewal Fee
Shred415
PickUp USA Fitness


Business Experience Requirements

Experience
Shred415
PickUp USA Fitness While not required, a passion for fitness and basketball is a huge plus! Owning a fitness club is a tremendous opportunity to build a business doing something you love. To get started, franchise candidates, either individually or cumulatively amongst a group of investors, should have a minimum of $150,000 in liquid capital and $300,000 in net worth. This gives a new franchisee the base financials to attempt to obtain necessary bank financing to be properly capitalized to launch a PickUp USA.

Financing Options

 
Franchise Fees
Shred415 No
PickUp USA Fitness No
Start-up Costs
Shred415
PickUp USA Fitness
Equipment
Shred415}
PickUp USA Fitness
Inventory
Shred415
PickUp USA Fitness
Receivables
Shred415
PickUp USA Fitness
Payroll
Shred415
PickUp USA Fitness

Training & Support

Training
Shred415 On-The-Job Training: 48 hours Classroom Training: 32 hours
PickUp USA Fitness * Comprehensive 8 day training at our headquarters in Irwindale, CA for you and your two managers
Support
Shred415 Meetings/Conventions Grand Opening Online Support Field Operations Site Selection Proprietary Software Franchisee Intranet Platform
PickUp USA Fitness PickUp USA provides comprehensive support from the day you sign your franchise agreement. * Pre-Open Support * Grand Opening Support * Ongoing Support o Assistance with site-selection, club layout, design & construction o Comprehensive 8 day training o On-site guidance for 5 days from our corporate team o Support with marketing, sales and operations o Continuous, on-site, telephone and email support will be with you during your entire journey o Your success is our success!
Marketing
Shred415 Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app
PickUp USA Fitness
Operations
Shred415 Absentee Ownership Allowed
PickUp USA Fitness We require an owner/operator Approximately 10 staff are needed to run a PickUp USA Fitness club.

Expansion Plans

US Expansion
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
PickUp USA Fitness 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
Shred415
PickUp USA Fitness
International Expansion
Shred415
PickUp USA Fitness