Shred415 is a fitness studio offering high-intensity interval training (HIIT) classes with certified instructors and motivating music. The franchise provides varied class types designed for all fitness levels to deliver full-body workouts.
Key Insights
- Shred415 began as a vision to create a dynamic and effective workout experience, evolving into a recognized fitness brand known for its high-intensity interval training classes that combine cardio, strength, and flexibility. The business focuses on a community-driven atmosphere within its studios.
- The franchise operates on a group fitness model, offering varied class formats designed to challenge participants and deliver results. Each class is structured with a combination of running intervals on treadmills and strength training floor exercises, all synchronized to motivating music.
- The fitness industry encompasses a broad range of health and wellness activities, with boutique studios like Shred415 specializing in niche, results-oriented training programs that cater to individuals seeking a focused and engaging exercise routine.
Franchise Fee and Costs to Open
Exploring the financial picture of Shred415 gives insight into both the upfront commitment and the potential revenue opportunity. According to FDD Item 7, opening this franchise typically involves an investment in the range of $516,500 - $873,000, along with a franchise fee of $30,000 - $50,000.
Financial Performance and Revenue
Training and Resources
Shred415 provides comprehensive initial training for new franchisees, spanning two weeks at their Chicago headquarters. This immersive program offers a deep dive into brand operations and fitness methodologies. Shred415 also offers ongoing support and resources designed to aid in the launch and continued success of each studio.
Legal Considerations
Legal considerations for a Shred415 franchisee are outlined in the Franchise Disclosure Document (FDD) and the Franchise Agreement. Note that this franchise discloses lawsuits and/or bankruptcy information in its FDD, which may impact your evaluation. Subscribe now to access more details and be sure to consult a qualified attorney before proceeding.
Challenges and Risks
Franchisees may encounter challenges in differentiating their studio within a local fitness landscape. Managing the rhythm of classes, instructor retention, and member engagement represents an operational undertaking. Sourcing branded merchandise and essential equipment, consistent with the franchisor's standards, also requires careful supply chain consideration.
Franchise Datasheet
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