Shred415
Fitness studios

Shred415
Fitness studios

About
Founded

2011

Franchising Since

2017 (3 Years)

Corporate Address

3625 Edwards Rd., #103
Cincinnati, OH 45209

Leadership

Matt Micheli, Founder and CEO

Parent Company

Shred415 Franchising

Financial Requirements
Initial Investment

$423,480 - $920,800

Net-worth Requirement

$800,000

Liquid Cash Requirement

$300,000

Ongoing Fees
Initial Franchise Fee

$50,000 - $50,000

Ongoing Royalty Fee

8%

Financing Options
Veteran Incentives

$1,500 off franchise fee

Support Options
Ongoing Support

Meetings/Conventions

Grand Opening

Online Support

Field Operations

Site Selection

Proprietary Software

Franchisee Intranet Platform

Marketing Support

Co-op Advertising

Ad Templates

National Media

Regional Advertising

Social media

SEO

Website development

Email marketing

Loyalty program/app

On-The-Job Training:

48 hours

Classroom Training:

32 hours

Absentee Ownership Allowed
Cost
Initial Investment: Low - $423,480 High - $920,800
Units

Units (Locations)

Where Seeking Franchisees:

Franchisor is seeking new franchise units throughout the U.S.

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Disclaimer

The Franchise 500 is not intended to endorse, advertise, or recommend any particular franchise. It is solely a research tool you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing money in a franchise.
Updated: November 30th, 2018