Shred415 vs Thrive Active Fitness Clubs Franchise Comparison

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

Start-Up Costs and Fees

  Shred415 Thrive Active Fitness Clubs
Investment 440280 - 959200 140000 - 750000
Franchise Fee 0
Royalty Fee 8%
Advertising Fee
Year Founded 1986 0
Year Franchised 2004 0
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements

  Shred415 Thrive Active Fitness Clubs
Experience

Financing Options

  Shred415 Thrive Active Fitness Clubs
 
Franchise Fees No
Start-up Costs No
Equipment No
Inventory No
Receivables No
Payroll No

Training & Support

  Shred415 Thrive Active Fitness Clubs
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

  Shred415 Thrive Active Fitness Clubs
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
International Expansion

Start-Up Costs and Fees Mobile

Investment
Shred415
Thrive Active Fitness Clubs
Franchise Fee
Shred415
Thrive Active Fitness Clubs
Royalty Fee
Shred415 8%
Thrive Active Fitness Clubs
Advertising Fee
Shred415
Thrive Active Fitness Clubs
Year Founded
Shred415 1986
Thrive Active Fitness Clubs 0
Year Franchised
Shred415 2004
Thrive Active Fitness Clubs 0
Term Of Agreement
Shred415 10 years
Thrive Active Fitness Clubs
Renewal Fee
Shred415
Thrive Active Fitness Clubs


Business Experience Requirements

Experience
Shred415
Thrive Active Fitness Clubs

Financing Options

 
Franchise Fees
Shred415 No
Thrive Active Fitness Clubs No
Start-up Costs
Shred415
Thrive Active Fitness Clubs
Equipment
Shred415}
Thrive Active Fitness Clubs
Inventory
Shred415
Thrive Active Fitness Clubs
Receivables
Shred415
Thrive Active Fitness Clubs
Payroll
Shred415
Thrive Active Fitness Clubs

Training & Support

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

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
Thrive Active Fitness Clubs
Canada Expansion
Shred415
Thrive Active Fitness Clubs
International Expansion
Shred415
Thrive Active Fitness Clubs