Start-Up Costs and Fees |
||
| Star Lady Fitness | Shred415 | |
| Investment | 33500 - 33500 | 440280 - 959200 |
| Franchise Fee | 0 | |
| Royalty Fee | $2/member | 8% |
| Advertising Fee | ||
| Year Founded | 2003 | 1986 |
| Year Franchised | 2003 | 2004 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Star Lady Fitness | Shred415 | |
| Experience | ||
Financing Options |
||
| Star Lady Fitness | Shred415 | |
| Franchise Fees | No | |
| Start-up Costs | No | No |
| Equipment | No | No |
| Inventory | No | No |
| Receivables | No | No |
| Payroll | No | No |
Training & Support |
||
| Star Lady Fitness | Shred415 | |
| Training | At franchisee's location: 3-4 days | 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 | * 0% of all franchisees own more than one unit * Number of employees needed to run franchised unit: 2 - 2 * Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | Absentee Ownership Allowed |
Expansion Plans |
||
| Star Lady Fitness | 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 | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Star Lady Fitness | |
| Shred415 | |
| Franchise Fee | |
| Star Lady Fitness | |
| Shred415 | |
| Royalty Fee | |
| Star Lady Fitness | $2/member |
| Shred415 | 8% |
| Advertising Fee | |
| Star Lady Fitness | |
| Shred415 | |
| Year Founded | |
| Star Lady Fitness | 2003 |
| Shred415 | 1986 |
| Year Franchised | |
| Star Lady Fitness | 2003 |
| Shred415 | 2004 |
| Term Of Agreement | |
| Star Lady Fitness | 5 years |
| Shred415 | 10 years |
| Renewal Fee | |
| Star Lady Fitness | $1,000 |
| Shred415 | |
Business Experience Requirements |
|
| Experience | |
| Star Lady Fitness | |
| Shred415 | |
Financing Options |
|
| Franchise Fees | |
| Star Lady Fitness | |
| Shred415 | |
| Start-up Costs | |
| Star Lady Fitness | |
| Shred415 | |
| Equipment | |
| Star Lady Fitness} | |
| Shred415 | |
| Inventory | |
| Star Lady Fitness | |
| Shred415 | |
| Receivables | |
| Star Lady Fitness | |
| Shred415 | |
| Payroll | |
| Star Lady Fitness | |
| Shred415 | |
Training & Support |
|
| Training | |
| Star Lady Fitness | At franchisee's location: 3-4 days |
| Shred415 | On-The-Job Training: 48 hours Classroom Training: 32 hours |
| Support | |
| Star Lady Fitness | |
| Shred415 | Meetings/Conventions Grand Opening Online Support Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Marketing | |
| Star Lady Fitness | |
| Shred415 | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Operations | |
| Star Lady Fitness | * 0% of all franchisees own more than one unit * Number of employees needed to run franchised unit: 2 - 2 * Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
| Shred415 | Absentee Ownership Allowed |
Expansion Plans |
|
| US Expansion | |
| Star Lady Fitness | |
| 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 | |
| Star Lady Fitness | |
| Shred415 | |
| International Expansion | |
| Star Lady Fitness | |
| Shred415 | |