Start-Up Costs and Fees |
||
| Healthy Inspirations | Shred415 | |
| Investment | 75000 - 375000 | 440280 - 959200 |
| Franchise Fee | 0 | |
| Royalty Fee | $395/mo. | 8% |
| Advertising Fee | ||
| Year Founded | 2000 | 1986 |
| Year Franchised | 2004 | 2004 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Healthy Inspirations | Shred415 | |
| Experience | General business experience | |
Financing Options |
||
| Healthy Inspirations | Shred415 | |
| Franchise Fees | No | No |
| Start-up Costs | No | No |
| Equipment | No | No |
| Inventory | No | No |
| Receivables | No | No |
| Payroll | No | No |
Training & Support |
||
| Healthy Inspirations | Shred415 | |
| Training | On-The-Job Training: 48 hours Classroom Training: 32 hours | |
| Support | Meetings, Toll-free phone line, Internet, Field operations/evaluations | Meetings/Conventions Grand Opening Online Support Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Marketing | Ad slicks | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Operations | International franchisees required to buy multiple units/master licenses; 5% of all franchisees own more than one unit Number of employees needed to run franchised unit: 4 - 4 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | Absentee Ownership Allowed |
Expansion Plans |
||
| Healthy Inspirations | Shred415 | |
| US Expansion | Alaska, Alabama, Arkansas, Arizona, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Kansas, Louisiana, Massachusetts, Maine, Minnesota, Missouri, Mississippi, Montana, Nebraska, North Carolina, New Hampshire, New Jersey, New Mexico, Nevada, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, Tennessee, Texas, Utah, Virginia, Vermont, West Virginia, 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 | 0 | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Healthy Inspirations | |
| Shred415 | |
| Franchise Fee | |
| Healthy Inspirations | |
| Shred415 | |
| Royalty Fee | |
| Healthy Inspirations | $395/mo. |
| Shred415 | 8% |
| Advertising Fee | |
| Healthy Inspirations | |
| Shred415 | |
| Year Founded | |
| Healthy Inspirations | 2000 |
| Shred415 | 1986 |
| Year Franchised | |
| Healthy Inspirations | 2004 |
| Shred415 | 2004 |
| Term Of Agreement | |
| Healthy Inspirations | 10 years |
| Shred415 | 10 years |
| Renewal Fee | |
| Healthy Inspirations | $2.5K or 20% of franchise fee |
| Shred415 | |
Business Experience Requirements |
|
| Experience | |
| Healthy Inspirations | General business experience |
| Shred415 | |
Financing Options |
|
| Franchise Fees | |
| Healthy Inspirations | No |
| Shred415 | No |
| Start-up Costs | |
| Healthy Inspirations | |
| Shred415 | |
| Equipment | |
| Healthy Inspirations} | |
| Shred415 | |
| Inventory | |
| Healthy Inspirations | |
| Shred415 | |
| Receivables | |
| Healthy Inspirations | |
| Shred415 | |
| Payroll | |
| Healthy Inspirations | |
| Shred415 | |
Training & Support |
|
| Training | |
| Healthy Inspirations | |
| Shred415 | On-The-Job Training: 48 hours Classroom Training: 32 hours |
| Support | |
| Healthy Inspirations | Meetings, Toll-free phone line, Internet, Field operations/evaluations |
| Shred415 | Meetings/Conventions Grand Opening Online Support Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Marketing | |
| Healthy Inspirations | Ad slicks |
| Shred415 | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Operations | |
| Healthy Inspirations | International franchisees required to buy multiple units/master licenses; 5% of all franchisees own more than one unit Number of employees needed to run franchised unit: 4 - 4 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
| Shred415 | Absentee Ownership Allowed |
Expansion Plans |
|
| US Expansion | |
| Healthy Inspirations | Alaska, Alabama, Arkansas, Arizona, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Kansas, Louisiana, Massachusetts, Maine, Minnesota, Missouri, Mississippi, Montana, Nebraska, North Carolina, New Hampshire, New Jersey, New Mexico, Nevada, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, Tennessee, Texas, Utah, Virginia, Vermont, West Virginia, Wyoming, |
| 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 | |
| Healthy Inspirations | 0 |
| Shred415 | |
| International Expansion | |
| Healthy Inspirations | |
| Shred415 | |