Start-Up Costs and Fees |
||
| Shred415 | Orange Shoe Personal Fitness | |
| Investment | 440280 - 959200 | 96600 - 325000 |
| Franchise Fee | 0 | |
| Royalty Fee | 8% | 6% |
| Advertising Fee | ||
| Year Founded | 1986 | 2007 |
| Year Franchised | 2004 | 2009 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Shred415 | Orange Shoe Personal Fitness | |
| Experience | ||
Financing Options |
||
| Shred415 | Orange Shoe Personal Fitness | |
| Franchise Fees | No | Yes |
| Start-up Costs | No | No |
| Equipment | No | No |
| Inventory | No | No |
| Receivables | No | No |
| Payroll | No | No |
Training & Support |
||
| Shred415 | Orange Shoe Personal Fitness | |
| Training | On-The-Job Training: 48 hours Classroom Training: 32 hours | Available at headquarters: 8 days. At franchisee's location: 8 days. Online training : 4 days. |
| Support | Meetings/Conventions Grand Opening Online Support Field Operations Site Selection Proprietary Software Franchisee Intranet Platform | Newsletter Meetings Toll-free phone line Grand opening Internet Security/safety procedures Field operations/evaluations |
| Marketing | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app | Co-op advertising Ad slicks |
| Operations | Absentee Ownership Allowed | 25% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 4. Absentee ownership of franchise is allowed. (80% of current franchisees are owner/operators). |
Expansion Plans |
||
| Shred415 | Orange Shoe Personal Fitness | |
| 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 | |
| Orange Shoe Personal Fitness | |
| Franchise Fee | |
| Shred415 | |
| Orange Shoe Personal Fitness | |
| Royalty Fee | |
| Shred415 | 8% |
| Orange Shoe Personal Fitness | 6% |
| Advertising Fee | |
| Shred415 | |
| Orange Shoe Personal Fitness | |
| Year Founded | |
| Shred415 | 1986 |
| Orange Shoe Personal Fitness | 2007 |
| Year Franchised | |
| Shred415 | 2004 |
| Orange Shoe Personal Fitness | 2009 |
| Term Of Agreement | |
| Shred415 | 10 years |
| Orange Shoe Personal Fitness | 10 years |
| Renewal Fee | |
| Shred415 | |
| Orange Shoe Personal Fitness | |
Business Experience Requirements |
|
| Experience | |
| Shred415 | |
| Orange Shoe Personal Fitness | |
Financing Options |
|
| Franchise Fees | |
| Shred415 | No |
| Orange Shoe Personal Fitness | No |
| Start-up Costs | |
| Shred415 | |
| Orange Shoe Personal Fitness | |
| Equipment | |
| Shred415} | |
| Orange Shoe Personal Fitness | |
| Inventory | |
| Shred415 | |
| Orange Shoe Personal Fitness | |
| Receivables | |
| Shred415 | |
| Orange Shoe Personal Fitness | |
| Payroll | |
| Shred415 | |
| Orange Shoe Personal Fitness | |
Training & Support |
|
| Training | |
| Shred415 | On-The-Job Training: 48 hours Classroom Training: 32 hours |
| Orange Shoe Personal Fitness | Available at headquarters: 8 days. At franchisee's location: 8 days. Online training : 4 days. |
| Support | |
| Shred415 | Meetings/Conventions Grand Opening Online Support Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Orange Shoe Personal Fitness | Newsletter Meetings Toll-free phone line Grand opening Internet Security/safety procedures Field operations/evaluations |
| Marketing | |
| Shred415 | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Orange Shoe Personal Fitness | Co-op advertising Ad slicks |
| Operations | |
| Shred415 | Absentee Ownership Allowed |
| Orange Shoe Personal Fitness | 25% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 4. Absentee ownership of franchise is allowed. (80% of current franchisees are owner/operators). |
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 |
| Orange Shoe Personal Fitness | |
| Canada Expansion | |
| Shred415 | |
| Orange Shoe Personal Fitness | |
| International Expansion | |
| Shred415 | |
| Orange Shoe Personal Fitness | |