Start-Up Costs and Fees |
||
| Team Spirit Fitness Centers | Shred415 | |
| Investment | 69000 - 69000 | 440280 - 959200 |
| Franchise Fee | 0 | |
| Royalty Fee | 6% | 8% |
| Advertising Fee | ||
| Year Founded | 2002 | 1986 |
| Year Franchised | 2004 | 2004 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Team Spirit Fitness Centers | Shred415 | |
| Experience | ||
Financing Options |
||
| Team Spirit Fitness Centers | Shred415 | |
| Franchise Fees | No | No |
| Start-up Costs | No | No |
| Equipment | No | No |
| Inventory | No | No |
| Receivables | No | No |
| Payroll | No | No |
Training & Support |
||
| Team Spirit Fitness Centers | Shred415 | |
| Training | * Available at headquarters: 2 weeks * At franchisee's location: 5 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 | * Number of employees needed to run franchised unit: 3 - 3 * Absentee ownership of franchise is NOT allowed. | Absentee Ownership Allowed |
Expansion Plans |
||
| Team Spirit Fitness Centers | 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 | |
| Team Spirit Fitness Centers | |
| Shred415 | |
| Franchise Fee | |
| Team Spirit Fitness Centers | |
| Shred415 | |
| Royalty Fee | |
| Team Spirit Fitness Centers | 6% |
| Shred415 | 8% |
| Advertising Fee | |
| Team Spirit Fitness Centers | |
| Shred415 | |
| Year Founded | |
| Team Spirit Fitness Centers | 2002 |
| Shred415 | 1986 |
| Year Franchised | |
| Team Spirit Fitness Centers | 2004 |
| Shred415 | 2004 |
| Term Of Agreement | |
| Team Spirit Fitness Centers | 5 years |
| Shred415 | 10 years |
| Renewal Fee | |
| Team Spirit Fitness Centers | |
| Shred415 | |
Business Experience Requirements |
|
| Experience | |
| Team Spirit Fitness Centers | |
| Shred415 | |
Financing Options |
|
| Franchise Fees | |
| Team Spirit Fitness Centers | No |
| Shred415 | No |
| Start-up Costs | |
| Team Spirit Fitness Centers | |
| Shred415 | |
| Equipment | |
| Team Spirit Fitness Centers} | |
| Shred415 | |
| Inventory | |
| Team Spirit Fitness Centers | |
| Shred415 | |
| Receivables | |
| Team Spirit Fitness Centers | |
| Shred415 | |
| Payroll | |
| Team Spirit Fitness Centers | |
| Shred415 | |
Training & Support |
|
| Training | |
| Team Spirit Fitness Centers | * Available at headquarters: 2 weeks * At franchisee's location: 5 days |
| Shred415 | On-The-Job Training: 48 hours Classroom Training: 32 hours |
| Support | |
| Team Spirit Fitness Centers | |
| Shred415 | Meetings/Conventions Grand Opening Online Support Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Marketing | |
| Team Spirit Fitness Centers | |
| Shred415 | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Operations | |
| Team Spirit Fitness Centers | * Number of employees needed to run franchised unit: 3 - 3 * Absentee ownership of franchise is NOT allowed. |
| Shred415 | Absentee Ownership Allowed |
Expansion Plans |
|
| US Expansion | |
| Team Spirit Fitness Centers | |
| 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 | |
| Team Spirit Fitness Centers | |
| Shred415 | |
| International Expansion | |
| Team Spirit Fitness Centers | |
| Shred415 | |