Start-Up Costs and Fees |
||
| Thrive Active Fitness Clubs | Shred415 | |
| Investment | 140000 - 750000 | 440280 - 959200 |
| Franchise Fee | 0 | |
| Royalty Fee | 8% | |
| Advertising Fee | ||
| Year Founded | 0 | 1986 |
| Year Franchised | 0 | 2004 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Thrive Active Fitness Clubs | Shred415 | |
| Experience | ||
Financing Options |
||
| Thrive Active Fitness Clubs | Shred415 | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Thrive Active Fitness Clubs | Shred415 | |
| Training | 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 | Absentee Ownership Allowed | |
Expansion Plans |
||
| Thrive Active Fitness Clubs | 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 | |
| Thrive Active Fitness Clubs | |
| Shred415 | |
| Franchise Fee | |
| Thrive Active Fitness Clubs | |
| Shred415 | |
| Royalty Fee | |
| Thrive Active Fitness Clubs | |
| Shred415 | 8% |
| Advertising Fee | |
| Thrive Active Fitness Clubs | |
| Shred415 | |
| Year Founded | |
| Thrive Active Fitness Clubs | 0 |
| Shred415 | 1986 |
| Year Franchised | |
| Thrive Active Fitness Clubs | 0 |
| Shred415 | 2004 |
| Term Of Agreement | |
| Thrive Active Fitness Clubs | |
| Shred415 | 10 years |
| Renewal Fee | |
| Thrive Active Fitness Clubs | |
| Shred415 | |
Business Experience Requirements |
|
| Experience | |
| Thrive Active Fitness Clubs | |
| Shred415 | |
Financing Options |
|
| Franchise Fees | |
| Thrive Active Fitness Clubs | |
| Shred415 | |
| Start-up Costs | |
| Thrive Active Fitness Clubs | |
| Shred415 | |
| Equipment | |
| Thrive Active Fitness Clubs} | |
| Shred415 | |
| Inventory | |
| Thrive Active Fitness Clubs | |
| Shred415 | |
| Receivables | |
| Thrive Active Fitness Clubs | |
| Shred415 | |
| Payroll | |
| Thrive Active Fitness Clubs | |
| Shred415 | |
Training & Support |
|
| Training | |
| Thrive Active Fitness Clubs | |
| Shred415 | On-The-Job Training: 48 hours Classroom Training: 32 hours |
| Support | |
| Thrive Active Fitness Clubs | |
| Shred415 | Meetings/Conventions Grand Opening Online Support Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Marketing | |
| Thrive Active Fitness Clubs | |
| Shred415 | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Operations | |
| Thrive Active Fitness Clubs | |
| Shred415 | Absentee Ownership Allowed |
Expansion Plans |
|
| US Expansion | |
| Thrive Active Fitness Clubs | |
| 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 | |
| Thrive Active Fitness Clubs | |
| Shred415 | |
| International Expansion | |
| Thrive Active Fitness Clubs | |
| Shred415 | |